Ekona Power

What if one of the most abundant hydrocarbons could fuel a clean energy future?

General Information
Company Name
Ekona Power
Founded Year
2017
Location (Offices)
Canada +1
Founders / Decision Makers
Number of Employees
70
Industries
Renewable Energy
Funding Stage
Grant
Social Media

Ekona Power - Company Profile

Ekona Power is a Renewable Energy startup that aims to revolutionize clean energy production. Founded in 2017 and headquartered in Canada, the company's slogan, "What if one of the most abundant hydrocarbons could fuel a clean energy future?" encapsulates its mission. Ekona Power is committed to developing a breakthrough technology for clean hydrogen production that addresses the challenges of cost and energy intensity associated with existing methods. Their innovative and scalable methane pyrolysis platform converts natural gas into hydrogen and solid carbon, effectively eliminating greenhouse gas emissions.

The company recently secured a significant $79.00M Series A investment on 01 February 2022, with a diverse group of investors including Baker Hughes, Natural Gas Innovation Fund, BDC Capital, Continental, Mitsui & Co, TransAlta, ConocoPhillips, Severstal Ventures, and BDC Capital Cleantech Practice. This substantial investment underscores the growing interest and confidence in Ekona Power's potential to drive the clean energy transition.

Taxonomy: clean energy, hydrogen production, environmental solutions, methane pyrolysis, carbon capture, greenhouse gas emissions, innovative technology, low-cost energy, emission reduction

Funding Rounds & Investors of Ekona Power (7)

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Funding Stage Amount No. Investors Investors Date
Grant $1.00M 1 Natural Resources Canada 09 Jul 2024
Grant $1.00M 1 23 Apr 2024
Series A $79.00M 9 TransAlta, Severstal Ventures +3 01 Feb 2022
Series A Unknown 8 Pacific Economic Development Canada, Natural Resources Canada +4 09 Nov 2021
Convertible Note $3.00M - 19 Jan 2021

View All 7 Funding Rounds

Latest News of Ekona Power

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No recent news or press coverage available for Ekona Power.

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