Ekona Power logo — What if one of the most abundant hydrocarbons could fuel a c...

Ekona Power

What if one of the most abundant hydrocarbons could fuel a clean energy future?

Founded 2017 Canada Canada 70 employees Grant Total: $86.75M Renewable Energy

General Information

Company Name Ekona Power
Founded Year 2017
Location Canada Canada +1
Employees 70
Industries Renewable Energy
Funding Stage Grant
Social

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About Ekona Power

Ekona Power is a Renewable Energy startup that aims to revolutionize clean energy production. Founded in 2017 and headquartered in Canada, the company's slogan, "What if one of the most abundant hydrocarbons could fuel a clean energy future?" encapsulates its mission. Ekona Power is committed to developing a breakthrough technology for clean hydrogen production that addresses the challenges of cost and energy intensity associated with existing methods. Their innovative and scalable methane pyrolysis platform converts natural gas into hydrogen and solid carbon, effectively eliminating greenhouse gas emissions.

The company recently secured a significant $79.00M Series A investment on 01 February 2022, with a diverse group of investors including Baker Hughes, Natural Gas Innovation Fund, BDC Capital, Continental, Mitsui & Co, TransAlta, ConocoPhillips, Severstal Ventures, and BDC Capital Cleantech Practice. This substantial investment underscores the growing interest and confidence in Ekona Power's potential to drive the clean energy transition.

Taxonomy: clean energy, hydrogen production, environmental solutions, methane pyrolysis, carbon capture, greenhouse gas emissions, innovative technology, low-cost energy, emission reduction

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $1.00M 1 Natural Resources Canada 09 Jul 2024
Grant $1.00M 1 23 Apr 2024
Series A $79.00M 9 TransAlta, Severstal Ventures +3 01 Feb 2022
Series A Unknown 8 Pacific Economic Development Canada, Natural Resources Canada +4 09 Nov 2021
Convertible Note $3.00M - 19 Jan 2021

View All 7 Funding Rounds

Ekona Power Alternatives & Competitors

Ekona Power vs

Q Hydrogen is a leading developer of sustainable, actionable hydrogen energy technologies.

11 employees
Energy, Sustainability
Ekona Power vs
Joi Scientific
Joi Scientific United States

Is developing clean, abundant and affordable hydrogen gas from water, on-demand, at the point of use

Unknown
10 employees
Ekona Power vs
Hystar
Hystar Norway

We make the world's most efficient PEM electrolysers for large-scale green hydrogen production.

Grant
78 employees

FAQ About Ekona Power

What if one of the most abundant hydrocarbons could fuel a clean energy future?
Ekona Power was founded in 2017.
Ekona Power is headquartered in Canada.
Ekona Power operates in the following industries: Renewable Energy.
Ekona Power has approximately 70 employees.
Ekona Power has completed 7 funding rounds, raising a total of $86.75M. The latest funding stage is Grant.
Top alternatives and competitors to Ekona Power include Q Hydrogen Companies, Joi Scientific, Hystar, Xebec Adsorption, Kiwetinohk Energy Corp.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ekona Power and Q Hydrogen Companies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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