Convion Overview
- Year Founded
-
2012

- Status
-
Acquired/Merged
- Employees
-
15

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$89.1M
- Investors
-
2
Convion General Information
Description
Developer of fuel cell system integrator designed to distribute power generation in industrial and commercial applications. The company's fuel cell system integrator is committed to commercializing products based on solid oxide fuel cell technology, enabling power generation markets to function with efficiency, reliability, and operational flexibility.
Contact Information
Website
www.convion.fi(Operating Subsidiary)
Corporate Office
- Innopoli 1, Technopolis
- Tekniikantie 12
- 02150 Espoo
- Finland
Corporate Office
- Innopoli 1, Technopolis
- Tekniikantie 12
- 02150 Espoo
- Finland
Convion Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 26-Aug-2024 | $89.1M | Completed | Generating Revenue | ||
6. Later Stage VC | 22-Sep-2022 | Completed | Generating Revenue | |||
5. Equity Crowdfunding | 30-Jun-2018 | Completed | Generating Revenue | |||
4. Later Stage VC (Series A) | 30-Jun-2018 | Completed | Generating Revenue | |||
3. Grant | 01-Feb-2015 | Completed | Generating Revenue | |||
2. Grant | 12-May-2014 | $69.2K | Completed | Generating Revenue | ||
1. Early Stage VC | 14-Jan-2013 | Completed | Generating Revenue |
Convion Patents
Convion Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
JP-2024530582-A | Apparatus and method for electrolytic power conversion - patents.com | Pending | 21-Jul-2021 | ||
EP-4373993-A1 | Arrangement and method for electrolysis power conversion | Pending | 21-Jul-2021 | ||
US-20240309521-A1 | Arrangement and method for electrolysis power conversion | Pending | 21-Jul-2021 | ||
EP-4251787-A1 | Recirculated solid oxide electrolyzer cell system and method | Pending | 27-Nov-2020 | ||
JP-2023553356-A | Recirculating solid oxide electrolysis cell system and method | Pending | 27-Nov-2020 | C25B15/087 |
Convion Signals
Convion Former Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Nordic Environment Finance | Impact Investing | Minority | ||
Springvest | Growth/Expansion | Minority | ||
VNT Management | Venture Capital | Minority | ||
Wärtsilä | Corporation | Minority |
Convion FAQs
-
When was Convion founded?
Convion was founded in 2012.
-
Where is Convion headquartered?
Convion is headquartered in Espoo, Finland.
-
What is the size of Convion?
Convion has 15 total employees.
-
What industry is Convion in?
Convion’s primary industry is Electrical Equipment.
-
Is Convion a private or public company?
Convion is a Private company.
-
What is the current valuation of Convion?
The current valuation of Convion is
. -
What is Convion’s current revenue?
The current revenue for Convion is
. -
How much funding has Convion raised over time?
Convion has raised $2.45M.
-
Who are Convion’s investors?
Nordic Environment Finance, Springvest, VNT Management, and Wärtsilä have invested in Convion.
-
When was Convion acquired?
Convion was acquired on 26-Aug-2024.
-
Who acquired Convion?
Convion was acquired by HD Korea Shipbuilding & Offshore Engineering.
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