Convion Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 15

Employees

  • 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
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Innopoli 1, Technopolis
  • Tekniikantie 12
  • 02150 Espoo
  • Finland
+358 010
Primary Industry
Electrical Equipment
Corporate Office
  • Innopoli 1, Technopolis
  • Tekniikantie 12
  • 02150 Espoo
  • Finland
+358 010

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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
To view Convion’s complete valuation and funding history, request access »

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
To view Convion’s complete patent history, request access »

Convion Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view Convion’s complete investors history, request access »

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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