About Stiesdal
Stiesdal is a company based in Odense (Denmark) founded in 2016 by Henrik Stiesdal.. Stiesdal has raised $120.9 million across 4 funding rounds from investors including Andel. The company has 41 employees as of November 30, 2024. Stiesdal offers products and services including Floating Offshore Foundations, Green Hydrogen Plants, and SkyClean Systems. Stiesdal operates in a competitive market with competitors including Carbo Culture, Novocarbo, BayoTech, EvolOH and H2SITE, among others.
- Headquarter Odense, Denmark
- Employees 41 as on 30 Nov, 2024
- Founders Henrik Stiesdal
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Sectors
Energy & UtilitiesEnvironment
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
$-61.24 K (USD)89as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$120.9 M (USD)
in 4 rounds
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Latest Funding Round
$28.8 M (USD), Series C
Feb 21, 2023
- Investors
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Employee Count
41
as on Nov 30, 2024
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Products & Services of Stiesdal
Stiesdal offers a comprehensive portfolio of products and services, including Floating Offshore Foundations, Green Hydrogen Plants, and SkyClean 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.
Develops foundations for offshore wind energy projects
Creates plants for producing green hydrogen via renewable sources
Produces systems for green fuel with integrated carbon capture
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Funding Insights of Stiesdal
Stiesdal has successfully raised a total of $120.9M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $28.8 million completed in February 2023. 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 4
- Last Round Series C — $28.8M
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First Round
First Round
(21 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - Stiesdal | Valuation |
investors |
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| Apr, 2021 | Amount | Series C - Stiesdal | Valuation | Andel |
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| Apr, 2020 | Amount | Series B - Stiesdal | Valuation |
investors |
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| 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 Stiesdal
Stiesdal has secured backing from 1 investor. Prominent investors backing the company include Andel. 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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Andel is recognized as Denmark's leading energy and fiber network group.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Stiesdal
| 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 - Stiesdal
| 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 |
Stiesdal Comparisons
Competitors of Stiesdal
Stiesdal 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 Carbo Culture, Novocarbo, BayoTech, EvolOH and H2SITE, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Producer and supplier of biochar
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| domain | founded_year | HQ Location |
Provider of biochar production, carbon removal, and green energy solutions
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| domain | founded_year | HQ Location |
Low-carbon hydrogen production, transport, and storage solutions are provided.
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| domain | founded_year | HQ Location |
Electrolyzer stacks for clean hydrogen production are manufactured by EvolOH.
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| domain | founded_year | HQ Location |
Provider of solutions for hydrogen generation
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| domain | founded_year | HQ Location |
thyssenkrupp nucera is engaged in green hydrogen and chemical electrolysis technologies.
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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 Stiesdal
Frequently Asked Questions about Stiesdal
When was Stiesdal founded?
Stiesdal was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Stiesdal located?
Stiesdal is headquartered in Odense, Denmark.
Who is the current CEO of Stiesdal?
Jacob Norgaard Andersen is the current CEO of Stiesdal.
Is Stiesdal a funded company?
Stiesdal is a funded company, having raised a total of $120.9M across 4 funding rounds to date. The company's 1st funding round was a Series B of $20.2M, raised on Sep 21, 2018.
How many employees does Stiesdal have?
As of Nov 30, 2024, the latest employee count at Stiesdal is 41.
What does Stiesdal do?
Stiesdal was founded in 2016 in Odense, Denmark, focusing on clean energy technologies. Hydrogen is generated through the HydroGen electrolyzer for sustainable fuel applications. Carbon capture and storage solutions are provided to reduce emissions. Organic by-products from agriculture, forestry, and industry are processed in SkyClean pyrolysis plants to produce biochar and bioenergy. Modular Tetra foundations are designed for industrialized floating offshore wind installations.
Who are the top competitors of Stiesdal?
Stiesdal's top competitors include Applied Carbon, EvolOH and H2SITE.
What products or services does Stiesdal offer?
Stiesdal offers Floating Offshore Foundations, Green Hydrogen Plants, and SkyClean Systems.
Who are Stiesdal's investors?
Stiesdal has 1 investor. Key investors include Andel.
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