Ore Energy

Amsterdam, Netherlands Founded: 2022 • Age: 4 yrs
Developer of batteries
Annual revenue - Latest available
Total funding $53.9M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Ore Energy

Ore Energy is a company based in Amsterdam (Netherlands) founded in 2022 by Aytac Yilmaz and Yaiza Gonzalez Garcia. 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. Ore Energy operates in a competitive market with competitors including Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies, among others.

  • Headquarter Amsterdam, Netherlands
  • Founders Aytac Yilmaz, Yaiza Gonzalez Garcia
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Ore Energy B.V.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $53.86 M (USD)

    in 2 rounds

  • Latest Funding Round
    $43 M (USD), Series A

    Aug 04, 2026

  • Investors
  • Employee Count
    Not available
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Products & Services of Ore Energy

Ore Energy offers a comprehensive portfolio of products and services, including Ore Battery.

Product name locked
Category locked
Primary

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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Positron Ventures is focused on funding science-based startups in Europe.
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Investor details for Ore Energy

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Investments & Acquisitions by Ore Energy

Investments
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Investment portfolio details for Ore Energy

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Financial Statements - Ore Energy

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Detailed financials for Ore Energy

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Ore Energy Comparisons

Ore Energy Primary company
Description
Developer of batteries
Location
Amsterdam, Netherlands
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ore Energy

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Competitors of Ore Energy

Ore Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Energy storage systems are supplied for industrial renewable applications.
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Non-flammable battery solutions are provided for vehicles and storage systems.
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Battery energy storage systems are supplied to various industries.
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Battery parks and microgrid systems
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Developer of solar power packs for home
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Nickel-iron batteries are manufactured for stationary energy storage applications.
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Detailed competitors of Ore Energy

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Latest news on Ore Energy

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Complete news archive for Ore Energy

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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.

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's top competitors include Fluence, Encell and Connected Energy.

Ore Energy offers Ore Battery.

Ore Energy has 3 investors. Key investors include Positron Ventures, Plural, and HV Capital.

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