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Auto Series B Founded 2004

Pragma Industries

Pragma Industries is a developer and manufacturer of fuel cell testing equipment and fuel cell stacks. The company produces Cell Compression Units (CCU) for advanced single-cell testing, Proton Exchange Membrane Fuel Cell (PEMFC) test stations, single cells and stacks for research, training, and education, metal hydride tanks for hydrogen storage, and other PEMFC testing accessories. The company's products serve…

📍 Biarritz, France · Auto Components,

Funding snapshot

Last roundSeries B
Amount$2M
Date27 April 2018
Total raised$4M
Team size12

About

Pragma Industries is a developer and manufacturer of fuel cell testing equipment and fuel cell stacks. The company produces Cell Compression Units (CCU) for advanced single-cell testing, Proton Exchange Membrane Fuel Cell (PEMFC) test stations, single cells and stacks for research, training, and education, metal hydride tanks for hydrogen storage, and other PEMFC testing accessories. The company's products serve research institutions, educational organizations, and fuel cell developers requiring precise testing and characterization of fuel cell components and systems. Founded in 2004 and headquartered in Biarritz, France, the company has raised $4.3M in Series B funding from investors including WiSEED, Les Business Angels des Grandes Ecoles, and Drone Volt.

Business model

Energy Storage Tech > Fuel Cell > Components > Fuel Stack,

Auto Components > Electrical and Electronic System > Fuel Cell > Electric Vehicles > Two wheelers

Institutional investors

WiSEED Les Business Angels des Grandes Écoles Drone Volt

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