Elcogen

Elcogen, a European clean energy technology manufacturer, boasts a rich Estonian heritage and a global clientele across 30 countries. The company, founded in 2001 and headquartered in Estonia, specializes in solid oxide fuel cell (SOFC) and solid oxide electrolyzer cell (SOEC) technology. Elcogen's recent €45.00M Corporate Round investment on 11 October 2023 from Korea Shipbuilding & Offshore Engineering underscores its growing prominence. Elcogen's focus on delivering affordable green hydrogen and emission-free electricity aligns with the global push for net-zero targets. Their technology serves as a core component in energy security and the transition away from fossil fuels. By converting fuel sources into emission-free energy and, in turn, into green hydrogen, Elcogen's SOFC and SOEC technology presents an efficient solution for green hydrogen production, thus reducing commercial costs and aiding customers in meeting net-zero targets. With manufacturing facilities in Estonia and Finland, Elcogen caters to 160 customers worldwide, operating within the Energy, Manufacturing, Renewable Energy, and Clean Energy industries. The company's recent investment highlights its potential to drive impactful change in the clean energy sector, positioning it as an intriguing prospect for potential venture capital opportunities.