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Energy Tech Series C Founded 2017

EODev

EODev (Energy Observer Developments) is a provider of zero-emission power generation and energy storage solutions based on hydrogen fuel cell technology. The company's product portfolio includes the GEH2, a mobile hydrogen generator delivering 110 kVA of clean power; the REXH2, an on-board zero-emission navigation system for maritime applications; and the BESSTIE 120, a battery energy storage system. EODev serves…

📍 Issy-les-Moulineaux, France · Energy Storage Tech

Funding snapshot

Last roundSeries C
Amount$50M
Date15 November 2023
Total raised$73M
Team size58

About

EODev (Energy Observer Developments) is a provider of zero-emission power generation and energy storage solutions based on hydrogen fuel cell technology. The company's product portfolio includes the GEH2, a mobile hydrogen generator delivering 110 kVA of clean power; the REXH2, an on-board zero-emission navigation system for maritime applications; and the BESSTIE 120, a battery energy storage system. EODev serves industries including transport and infrastructure, telecom, energy and utilities, maritime, events and entertainment, data centers, and construction and mining. The company's products are designed for sustainability, reliability, and accessibility, with the ability to be upgraded, dismantled, and recycled. Founded in 2017 and headquartered in Issy-les-Moulineaux, France, EODev has raised approximately $73.2 million at the Series C stage from investors including Toyota Motor Europe, CMA CGM, Siparex, Supernova Invest, Caphorn, and TiLT Capital Partners.

Business model

Energy Storage Tech > Hydrogen > Station Network

Founders & team highlights

Serial Founder

Institutional investors

Toyota Motor Europe TiLT Capital Partners Supernova Invest Caphorn CMA CGM Siparex

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