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Elcogen

Elcogen

Private
TallinnEnergy & Sustainabilityhttps://elcogen.com/

Last Round

Strategic

Jan 16, 2025

Total Funding Raised

$214.06M

Company Overview

Elcogen is a clean energy technology company that manufactures solid oxide fuel cells and electrolysis components to enhance renewable energy generation and facilitate a sustainable energy future.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Alternative Fuels, Clean Manufacturing, Energy Storage

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

solid oxide fuel cellSOFCsolid oxide electrolysis cellSOECgreen hydrogenhydrogen productionfuel cell stackclean energy hardwareelectrolyzerfuel-flexible powerhydrogen techdecarbonizationstack platformhydrogen economy

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Elcogen Comparables

Compare Elcogen with similar companies based on industry and business-model similarity.

Elcogen comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
SolydEra S.p.A.
93%
Genvia
79%
Sunfire SE
78%

Elcogen Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicJan 16, 2025
GrantNov 11, 2024
GrantOct 1, 2024
StrategicApr 3, 2024
StrategicOct 11, 2023
Strategic
May 9, 2022

Key People

Founding team and executive leadership

Jan Gustav Grolig

Chief Technology Officer

Executive Team

Stefano Piscitelli

Chief Operating Officer

Executive Team

Markus Holm

CFO And Board Member

Executive Team

Elcogen Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 14, 2026

    Partnering with Eltronic Group to implement SOFC technology.

  • Apr 7, 2026

    Expanding offices and presence in Thailand to support Southeast Asia growth.

Recent news

Latest coverage and updates

  • partners_withOct 6, 2026

    Elcogen partners with ECOLEFINS project in an EU/UK-funded research project on Oct 6th '26

  • partners_withSep 24, 2026

    Elcogen partnered with Metrosert on Sep 22nd '26.

  • is_developingAug 31, 2026

    Elcogen is developing solid oxide technology platform.

Elcogen Filings

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Elcogen filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Elcogen's valuation, stock price, and market status.

Is Elcogen a public or private company?

Elcogen is a private company.

What is the current stock price of Elcogen?

Elcogen is a private company, so its shares have no public market price. Caplight tracks Elcogen's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Elcogen worth (valuation)?

Valuation information for Elcogen is not publicly available.

Can I buy Elcogen stock?

Elcogen shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Elcogen's last funding round?

Elcogen's most recent funding round was Strategic on January 16, 2025.

Who are the main investors in Elcogen?

Key investors in Elcogen include Biofuel OÜ, Mirae Asset, European Commission, VNT Management, Government of the Republic of Estonia.

Will Elcogen IPO soon?

No public IPO plans have been announced for Elcogen.

How can I track Elcogen secondary market activity?

Caplight tracks bids, offers, and trades in Elcogen's shares on secondary markets.

Firmographic Details

HeadquartersTallinn
Employee Range65
Year Founded2001
Last FundingJan 16, 2025

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