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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
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.

Business keywords: 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
Alberta Innovates
23 Apr 2024
Series A $79.00M 9
Baker Hughes, Natural Gas Innovation Fund +7
01 Feb 2022
Series A Undisclosed 8
Baker Hughes, Natural Gas Innovation Fund +6
09 Nov 2021
Convertible Note $3.00M -
19 Jan 2021
Seed Round $2.75M 1
Breakthrough Energy Solutions Canada
12 Feb 2020
Seed Round Undisclosed 1
Evok Innovations
24 Oct 2017

Ekona Power Alternatives & Competitors

View All Alternatives
Ekona Power vs
Hycamite
Hycamite Finland

Hycamite produces low-carbon hydrogen and high-quality carbon products by splitting methane.

Venture round
64 employees
Renewable Energy
Ekona Power vs

Empowering the world with clean energy

Venture round
34 employees
Energy, Information Technology
Ekona Power vs

Your complete provider of hydrogen fuel cell powertrain

Grant
32 employees
Manufacturing, Renewable Energy

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 Renewable Energy. Its work centres on clean energy, hydrogen production, environmental solutions and methane pyrolysis.
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 Hycamite, ZEG Power, TECO 2030, Holy Grail Inc, Energy Innovation Policy and Technology LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ekona Power and Hycamite 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.

Source: BounceWatch company record for Ekona Power, https://bouncewatch.com/company/ekona-power, updated 12 November 2024. When citing, please name BounceWatch and link this page.

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