About Sunfire
Sunfire is a company based in Dresden (Germany) founded in 2010. Sunfire has raised $693.37 million across 13 funding rounds from investors including GIVA, Société Générale and BNP Paribas. The company has 64 employees as of December 31, 2023. Sunfire has completed 3 acquisitions, including H.C. Starck, IHT Industrie Haute Technologie and New Enerday. Sunfire offers products and services including Sunfire-HyLink AEL and Sunfire-HyLink SOEC. Sunfire operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, H3 Dynamics and Electric Hydrogen, among others.
- Headquarter Dresden, Germany
- Employees 64 as on 31 Dec, 2023
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Sectors
Energy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Sunfire Se
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$693.37 M (USD)
in 13 rounds
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Latest Funding Round
$206.44 M (USD), Series E
Jan 09, 2025
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Investors
GIVA
& 26 more
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Employee Count
64
as on Dec 31, 2023
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Investments & Acquisitions
H.C. Starck
& 2 more
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Products & Services of Sunfire
Sunfire offers a comprehensive portfolio of products and services, including Sunfire-HyLink AEL and Sunfire-HyLink SOEC.
Pressurized system for reliable industrial hydrogen production.
Efficient solid oxide technology for green hydrogen generation.
People of Sunfire
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Funding Insights of Sunfire
Sunfire has successfully raised a total of $693.37M across 13 strategic funding rounds. The most recent funding activity was a Series E round of $206.44 million completed in January 2025. 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 Sunfire
Sunfire has secured backing from 27 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include GIVA, Société Générale and BNP Paribas.
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Finance and advisory services for infrastructure projects are provided.
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Investment in deep technology and science is facilitated.
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Investments are directed toward growth-stage companies generating scalable impact.
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Investor details for Sunfire
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Investments & Acquisitions by Sunfire
Sunfire has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include H.C. Starck, IHT Industrie Haute Technologie and New Enerday.
Investment portfolio details for Sunfire
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solid Oxide Fuel Cell developers
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Bio-energy projects are developed by the company in Switzerland.
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Locked | Locked | 2003 | Locked | |
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Tungsten powders, compounds, and carbides are manufactured for industrial uses.
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Locked | Locked | 1920 | Locked |
Complete acquisition details for Sunfire
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Financial Statements - Sunfire
Detailed financials for Sunfire
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Sunfire Comparisons
Peer comparison for Sunfire
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Competitors of Sunfire
Sunfire 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 Nel Hydrogen, Orsted, Lhyfe, H3 Dynamics and Electric Hydrogen, among others.
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Provider of hydrogen production and storage solutions
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Power generation via bioenergy, thermal, and wind sources is offered.
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Producer and supplier of green hydrogen
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Aerial inspection services are delivered using automated drones.
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Solutions for hydrogen generation via electrolysis are provided.
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Detailed competitors of Sunfire
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Latest news on Sunfire
Complete news archive for Sunfire
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Frequently Asked Questions about Sunfire
Sunfire was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Sunfire is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
Sunfire is a funded company, having raised a total of $693.37M across 13 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Sunfire is 64.
Sunfire was founded in 2010 in Dresden, Germany, within the clean energy sector. Pressurized alkaline and solid oxide electrolysis technologies are developed and produced for industrial use. Electrolyzers suited to various applications are supplied, alongside alkaline and solid oxide solutions. Customer support is extended through the product portfolio and associated services, focusing on electrolysis-based operations in Europe.
Sunfire's top competitors include Lhyfe, Nel Hydrogen and Orsted.
Sunfire offers Sunfire-HyLink AEL and Sunfire-HyLink SOEC.
Sunfire has made 3 acquisitions, including H.C. Starck, IHT Industrie Haute Technologie, and New Enerday.
Sunfire has 27 investors. Key investors include GIVA, Société Générale, BNP Paribas, Commerzbank, and Neste Jacobs.