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Elcogen

Elcogen

Private
TallinnEnergy & Sustainabilityhttps://elcogen.com/

Last Round

Strategic

Jan 16, 2025

Total Funding Raised

$214.06M

Momentum

Top 25%

of companies Caplight tracks

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, 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

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Elcogen Comps

Public and private peers based on sector, stage, and business model.

Elcogen comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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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.

Elcogen Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Elcogen Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersTallinn
Employee Range90
Year Founded2001
Last FundingJan 16, 2025

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