Loop (Energy Storage) Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 32

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

Loop (Energy Storage) General Information

Description

Loop Energy Inc is a developer, manufacturer, and supplier of hydrogen fuel cells to vehicle and power generation system manufacturers. The company's product consists of Hydrogen Fuel Cell Systems and Hydrogen Fuel cell modules.

Contact Information

Formerly Known As
PowerDisc Development Corporation
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Accelerator/Incubator backed
Corporate Office
  • 2880 Production Way
  • Burnaby, British Columbia V5A 4T6
  • Canada
+1 (604)
Primary Industry
Alternative Energy Equipment
Other Industries
Other Equipment
Parent Company
TERALTA Hydrogen Solutions INC
Vertical(s)
Corporate Office
  • 2880 Production Way
  • Burnaby, British Columbia V5A 4T6
  • Canada
+1 (604)

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Loop (Energy Storage) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 05-Nov-2024 Completed Generating Revenue/Not Profitable
8. Bankruptcy: Admin/Reorg 17-Jun-2024 Completed Bankruptcy: Admin/Reorg
7. IPO 25-Feb-2021 Completed Generating Revenue
6. Corporate 24-Mar-2020 Completed Generating Revenue
5. IPO Cancelled Generating Revenue
4. Corporate 18-Sep-2019 Completed Generating Revenue
3. Grant 06-Jun-2017 Completed Generating Revenue
2. Grant 04-Mar-2016 $5.47M Completed Generating Revenue
1. Accelerator/Incubator 19-Sep-2014 Completed Generating Revenue
To view Loop (Energy Storage)’s complete valuation and funding history, request access »

Loop (Energy Storage) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Loop Energy Inc is a developer, manufacturer, and supplier of hydrogen fuel cells to vehicle and power generation system
Alternative Energy Equipment
Burnaby, Canada
32 As of 2023

San Jose, CA
 

Billerica, MA
 
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Loop (Energy Storage) Competitors (4)

One of Loop (Energy Storage)’s 4 competitors is Bloom Energy, a Formerly VC-backed company based in San Jose, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Bloom Energy Formerly VC-backed San Jose, CA
Nuvera Fuel Cells Corporate Backed or Acquired Billerica, MA
Plug Power Formerly VC-backed New York, NY
Joi Scientific Venture Capital-Backed Merritt Island, FL
To view Loop (Energy Storage)’s complete competitors history, request access »

Loop (Energy Storage) Patents

Loop (Energy Storage) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230006223-A1 Methods and apparatus for mold mitigation in fuel cell humidifiers Pending 03-Jul-2021
CA-3166236-A1 Methods and apparatus for mold mitigation in fuel cell humidifiers Pending 03-Jul-2021
CA-3214682-A1 Fuel cell assemblies with fuel cell plates with reduced and/or eliminated transition regions Pending 10-Apr-2021
US-20240105968-A1 Fuel cell assemblies with fuel cell plates with reduced and/or eliminated transition regions Pending 10-Apr-2021
EP-4315465-A1 Fuel cell assemblies with fuel cell plates with reduced and/or eliminated transition regions Pending 10-Apr-2021 H01M8/0258
To view Loop (Energy Storage)’s complete patent history, request access »

Loop (Energy Storage) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Loop (Energy Storage) Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Canadian Technology Accelerator Accelerator/Incubator Minority
Canadian Technology Accelerator(Boston) Accelerator/Incubator Minority
Cummins Corporation Minority
Sustainable Development Technology Canada Venture Capital Minority
To view Loop (Energy Storage)’s complete investors history, request access »

Loop (Energy Storage) Investments (1)

Loop (Energy Storage)’s most recent deal was a Joint Venture with heavy-duty motive power systems (Loop Energy / IN-Power). The deal was made on 01-Oct-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
heavy-duty motive power systems (Loop Energy / IN-Power) 01-Oct-2019 Joint Venture Road
To view Loop (Energy Storage)’s complete investments history, request access »

Loop (Energy Storage) Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
AVIA ingenieria Madrid, Spain

Loop (Energy Storage) FAQs

  • When was Loop (Energy Storage) founded?

    Loop (Energy Storage) was founded in 2000.

  • Where is Loop (Energy Storage) headquartered?

    Loop (Energy Storage) is headquartered in Burnaby, Canada.

  • What is the size of Loop (Energy Storage)?

    Loop (Energy Storage) has 32 total employees.

  • What industry is Loop (Energy Storage) in?

    Loop (Energy Storage)’s primary industry is Alternative Energy Equipment.

  • Is Loop (Energy Storage) a private or public company?

    Loop (Energy Storage) is a Private company.

  • What is Loop (Energy Storage)’s current revenue?

    The current revenue for Loop (Energy Storage) is .

  • How much funding has Loop (Energy Storage) raised over time?

    Loop (Energy Storage) has raised $78.6M.

  • Who are Loop (Energy Storage)’s investors?

    Canadian Technology Accelerator, Canadian Technology Accelerator(Boston), Cummins, and Sustainable Development Technology Canada have invested in Loop (Energy Storage).

  • Who are Loop (Energy Storage)’s competitors?

    Bloom Energy, Nuvera Fuel Cells, Plug Power, and Joi Scientific are competitors of Loop (Energy Storage).

  • When was Loop (Energy Storage) acquired?

    Loop (Energy Storage) was acquired on 05-Nov-2024.

  • Who acquired Loop (Energy Storage)?

    Loop (Energy Storage) was acquired by TERALTA Hydrogen Solutions INC.

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