About Stargate Hydrogen
Stargate Hydrogen is a company based in Tallinn (Estonia) founded in 2020 by Rainer Kungas and Marko Virkebau.. Stargate Hydrogen has raised $56.34 million across 6 funding rounds from investors including Repsol, European Union and UG Investments. The company has 57 employees as of September 30, 2024. Stargate Hydrogen offers products and services including Electrolyser Stacks and Electrolyser Systems. Stargate Hydrogen operates in a competitive market with competitors including BlueDot Photonics, SunHydrogen, Evolve Hydrogen, Hydronergy and Hyzumi, among others.
- Headquarter Tallinn, Estonia
- Employees 57 as on 30 Sep, 2024
- Founders Rainer Kungas, Marko Virkebau
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oü Stargate Hydrogen Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.34 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Repsol
& 4 more
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Employee Count
57
as on Sep 30, 2024
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Products & Services of Stargate Hydrogen
Stargate Hydrogen offers a comprehensive portfolio of products and services, including Electrolyser Stacks and Electrolyser Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Next-generation stacks for efficient green hydrogen production via electrolysis.
Containerised systems for scalable hydrogen production in industrial settings.
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Funding Insights of Stargate Hydrogen
Stargate Hydrogen has successfully raised a total of $56.34M across 6 strategic funding rounds. 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 Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(30 Sep 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Stargate Hydrogen | Valuation |
investors |
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| Mar, 2025 | Amount | Series A - Stargate Hydrogen | Valuation |
investors |
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| May, 2024 | Amount | Grant - Stargate Hydrogen | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Stargate Hydrogen
Stargate Hydrogen has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Repsol, European Union and UG Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Capital is invested in sustainable companies by UG Investments.
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Promotes innovation in microelectronics through partnerships, events, and technology advancements in Europe.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Stargate Hydrogen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Stargate Hydrogen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stargate Hydrogen Comparisons
Competitors of Stargate Hydrogen
Stargate Hydrogen 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 BlueDot Photonics, SunHydrogen, Evolve Hydrogen, Hydronergy and Hyzumi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Manufacturer of nanotech-enabled solar panels and photonic devices
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Nanotechnology-based hydrogen is generated from sunlight and water.
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Solutions for hydrogen generation using renewable energy are provided.
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Manufactures high-quality hydrogen water generators.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stargate Hydrogen
Frequently Asked Questions about Stargate Hydrogen
When was Stargate Hydrogen founded?
Stargate Hydrogen was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Stargate Hydrogen located?
Stargate Hydrogen is headquartered in Tallinn, Estonia.
Who is the current CEO of Stargate Hydrogen?
Marko Virkebau is the current CEO of Stargate Hydrogen. They have also founded this company.
Is Stargate Hydrogen a funded company?
Stargate Hydrogen is a funded company, having raised a total of $56.34M across 6 funding rounds to date.
How many employees does Stargate Hydrogen have?
As of Sep 30, 2024, the latest employee count at Stargate Hydrogen is 57.
What does Stargate Hydrogen do?
Stargate Hydrogen was founded in 2020 in Tallinn, Estonia, as a deep tech firm focused on clean energy. Electrolysis solutions are developed for green hydrogen production, utilizing electrode materials and renewable energy sources. Alkaline technology-based electrolyzers are created for industrial applications. Zero-emission locomotives and modular retrofit kits are also offered to convert diesel-electric units, supporting sustainable transport in Europe.
Who are the top competitors of Stargate Hydrogen?
Stargate Hydrogen's top competitors include BlueDot Photonics, SunHydrogen and Evolve Hydrogen.
What products or services does Stargate Hydrogen offer?
Stargate Hydrogen offers Electrolyser Stacks and Electrolyser Systems.
Who are Stargate Hydrogen's investors?
Stargate Hydrogen has 5 investors. Key investors include Repsol, European Union, UG Investments, SmartCap, and IPCEI ON MICROELECTRONICS.
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