ReliOn is a leader in the global market for modular, cartridge-based proton exchange membrane (PEM) fuel cell technology, revolutionizing the future of energy. Their stationary fuel cells are designed for emergency and backup power, uninterruptible power supplies, digital power needs, and diverse off-grid power solutions. Catering to private and public sectors such as telecommunications, energy, transportation, and government, ReliOn has sold and delivered over 1,900kW of fuel cells in the U.S. and international markets. Notably, their clientele includes major telecommunications providers, government communication sites, and utility companies. Founded in 1995, the company secured a Venture Round investment from Cummins on 24 January 2013. Operating within the Clean Energy sector, ReliOn's innovative technology and diverse sector applications position them as a promising investment opportunity.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | 24 Jan 2013 | |
Venture Round | $6.00M | - | 07 Apr 2011 | |
Series C | $23.00M | 6 | Allianz Private Equity Partners, Enterprise Partners +1 | 28 Apr 2008 |
Venture Round | $18.00M | 3 | Pacific Corporate Group, Allianz Private Equity Partners | 14 Feb 2008 |
Series B | $25.00M | - | 05 Nov 2004 |
No recent news or press coverage available for ReliOn.