TerraLIX logo — Making the Earth More Livable by Providing Advanced Fuel Cel...

TerraLIX

Making the Earth More Livable by Providing Advanced Fuel Cell Solutions

Founded 2019 Korea South Korea South 8 employees Series B Total: $14.86B Manufacturing, Oil and Gas

General Information

Company Name TerraLIX
Founded Year 2019
Location Korea South Korea South +2
Employees 8
Industries Manufacturing, Oil and Gas
Funding Stage Series B
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About TerraLIX

TerraLIX is a South Korean company founded in 2019, specializing in the development of hydrogen fuel cell packs. The company's slogan, "Making the Earth More Livable by Providing Advanced Fuel Cell Solutions," encapsulates its mission to create a cleaner world through innovative hydrogen fuel cell power pack technology. TerraLIX has gained recognition for its technology credibility, as evidenced by its involvement in government tasks, patent applications, and successful investment attraction. The company has differentiated itself by securing stack performance and durability through the application of a closed-cathode, which has enhanced the conventional open-cathode method. The innovative technology developed by TerraLIX allows its product system to be utilized for small, large mobility, and power generation with improved stability and performance. Furthermore, the company emphasizes the benefits of durability and stability adoption for the application of its technology, ultimately aiming to enhance the competitiveness of its customers' products. In April 2022, TerraLIX secured a notable KRW11.00B Series B investment, attracting support from a diverse group of investors including L&S Venture Capital, SJ Investment Partners, DSC Investment, Schmidt, PNP Investment, Tony Investment, HG Initiative, Kayon Partners, JB Investment, and Earnest Ventures. This strong investor backing reflects confidence in TerraLIX's innovative approach and its potential to drive advancements in the hydrogen fuel cell industry.

Taxonomy: Hydrogen Fuel Cells, Fuel Cell Technology, Clean Energy Solutions, Power Generation, Sustainable Technology, Hydrogen Technology, Innovative Fuel Cells, Energy Efficiency, Environmental Technology

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 10
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
21 Apr 2022
Series A •••••• 2
Investor Investor
12 Jan 2021
Seed Round •••••• - 15 Jul 2020
Seed Round •••••• 1 •••• •••• 11 Jun 2020
Angel Round •••••• - 13 Feb 2020

View All 7 Funding Rounds

TerraLIX Alternatives & Competitors

TerraLIX vs

Foripower is committed to becoming a leading company of Fuel Cell Balance of plant (BOP) systems

Series A
7 employees
Energy, Oil and Gas
TerraLIX vs

Sinohytec 北京亿华通科技股份有限公司

Series Unknown
63 employees
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TerraLIX vs
H2SYS
H2SYS France

Development of PEM Fuel Cell Systems and electric solutions powered with hydrogen

19 employees
Energy, Information Technology

FAQ About TerraLIX

Making the Earth More Livable by Providing Advanced Fuel Cell Solutions
TerraLIX was founded in 2019.
TerraLIX is headquartered in Korea South.
TerraLIX operates in the following industries: Manufacturing, Oil and Gas.
TerraLIX has approximately 8 employees.
TerraLIX has completed 7 funding rounds, raising a total of $14.86B. The latest funding stage is Series B.
Top alternatives and competitors to TerraLIX include Shenzhen Foripower Electric Co.,Ltd, Sinohytec, H2SYS, NanoSUN, HYPOWERLAB Co.,Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TerraLIX and Shenzhen Foripower Electric Co.,Ltd 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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