About Ore Energy
Ore Energy is an Energy & Utilities company based in Amsterdam (Netherlands) founded in 2022 by Aytac Yilmaz and Yaiza Gonzalez Garcia. Developer of batteries. Ore Energy has raised $53.86 million across 2 funding rounds from investors including Positron Ventures, Plural and HV Capital. Ore Energy offers products and services including Ore Battery. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Hybrid. Its legal entity is ORE ENERGY B.V.
Company details
Ore Energy was founded in 2022 and is based in Amsterdam, Netherlands. Batteries are developed by the company for the energy storage sector, incorporating air and iron electrodes, water-based electrolytes, and oxygen. These batteries are constructed to be modular, recyclable, and non-flammable. Operations center on advancing sustainable battery technologies, with co-founders Aytac Yilmaz and Yaiza Gonzalez Garcia leading efforts in innovation and scientific development.
- Headquarters Amsterdam, Netherlands
- Founders Aytac Yilmaz, Yaiza Gonzalez Garcia
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website oreenergy.com
- Social LinkedIn
- Legal Name Ore Energy B.V.
- Total Equity Funding$53.86M (USD)
in 2 rounds
- Latest Funding Round$43M (USD), Series A
Aug 2026
- InvestorsPositron Ventures
& 2 more
Products & Services of Ore Energy
Ore Energy offers a comprehensive portfolio of products and services, including Ore Battery.
Provides long-duration storage for renewable energy using iron, water, and air.
Funding Insights of Ore Energy
Ore Energy has successfully raised a total of $53.86M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $43 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $53.86M
- Total Rounds 2
- Last Round Series A — $43M
- First Round $10.86M
(May 2024)
- Investors Count 3
All 2 funding rounds of Ore Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $43M | Series A | – | – | |
| May 2024 | $10.86M | Seed | – | Positron Ventures | – |
3 investors in total: 3 institutional.
Investors in Ore Energy
Ore Energy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Positron Ventures, Plural and HV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Positron Ventures is focused on funding science-based startups in Europe. | positron.ventures | Amsterdam, Netherlands | ||
| pluralplatform.com | ||||
| hvcapital.com |
Investor details for Ore Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Ore Energy
2 people are tracked at Ore Energy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Aytac Yilmaz | Co-Founder | Leadership |
Yaiza Gonzalez Garcia | Co-Founder & CSO | Leadership |
Complete people profiles for Ore Energy
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- Team structure
- Board tenure
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Timeline of Ore Energy
3 dated milestones of Ore Energy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ore Energy is founded.
- Funding First funding round of $10.9M.
- Funding Latest funding round, Series A, of $43.0M.
Web traffic of Ore Energy
The website of Ore Energy (oreenergy.com) receives about 4.3K visits a month.
- Monthly visits4.3K
▼ 15.5% vs previous month
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Frequently Asked Questions about Ore Energy
Ore Energy was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Ore Energy is headquartered in Amsterdam, Netherlands.
Ore Energy is a funded company, having raised a total of $53.86M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10.86M, raised on May 2024.
Ore Energy was founded in 2022 and is based in Amsterdam, Netherlands. Batteries are developed by the company for the energy storage sector, incorporating air and iron electrodes, water-based electrolytes, and oxygen. These batteries are constructed to be modular, recyclable, and non-flammable. Operations center on advancing sustainable battery technologies, with co-founders Aytac Yilmaz and Yaiza Gonzalez Garcia leading efforts in innovation and scientific development.
Ore Energy offers Ore Battery.
Ore Energy has 3 investors. Key investors include Positron Ventures, Plural, and HV Capital.
Ore Energy operates through Ore Energy B.V..