Elcogen Overview

  • Founded
  • 2001
  • Status
  • Private
  • Employees
  • 21
  • Latest Deal Type
  • Later Stage VC
  • (Upcoming)
  • Investors
  • 2

Elcogen General Information


Manufacturer of solid oxide fuel cells designed to unlock greater renewable energy generation and enable a clean energy future. The company's solid oxide fuel cells are ceramic anode-supported and operate at low temperatures, which is a key contributor to reducing stack and system costs, as well as lower degradation rates at the cell and stack level, enabling stack manufacturers, system integrators, original equipment manufacturers, research institutes, universities and utilities deliver power production and power storage systems to mass market addressing zero-emission as well as hydrogen society challenges.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Equipment
Other Industries
Energy Storage
Primary Office
  • Valukoja 23
  • Tallinn, 11415
  • Estonia
+372 634 0000

Elcogen Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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Elcogen Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC Upcoming Generating Revenue
7. Debt - General 11-Feb-2019 000.00 000.00 Completed Generating Revenue
6. Grant 01-Sep-2018 00.000 00000 Completed Generating Revenue
5. Grant 12-May-2014 000.00 00000 Completed Generating Revenue
4. Grant 10-May-2011 000.00 00000 Completed Generating Revenue
3. Grant 12-Mar-2009 00000 00000 Completed Generating Revenue
2. Later Stage VC 12-Mar-2009 $638K $638K Completed Generating Revenue
1. Grant 14-Nov-2005 $502K Completed Startup
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Elcogen Executive Team (3)

Name Title Board Seat Contact Info
Enn Õunpuu Founder, Chief Executive Officer & Board Member
Henri Kaar Chief Financial Officer
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Elcogen Board Members (1)

Name Representing Role Since
Enn Õunpuu Elcogen Founder, Chief Executive Officer & Board Member 000 0000
To view Elcogen’s complete board members history, request access »

Elcogen Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Elcogen Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Horizon 2020 Government 000 0000 000000 0
VNT Management Venture Capital Minority 000 0000 000000 0
To view Elcogen’s complete investors history, request access »