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Diverse Energy
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Short description

Developer of fuel cell power for off-grid cell phone towers

Founded in 2007
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector fuel cells

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom West Sussex, United Kingdom
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Updated by Cleantech Group on 10/19/2020

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Date Company
Partnerships
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Date Partner Type
11/22/2010
EU Fuel Cells and Hydrogen Joint Undertaking EU Fuel Cells and Hydrogen Joint Undertaking
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Confirmed by EU Fuel Cells and Hydrogen Joint Undertaking
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IPO INFORMATION

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Description

Date Investors Type Amount
12/07/2010 Octopus Ventures Octopus Ventures (1)
Post-money valuation of
Octopus Investments announced that it provided Diverse Energy with a £2M investment.
Seed $3,160,798
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Products
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Product image Name Product status Revenue model Cost metrics

The Powercube

A self-contained, 24/7, “baseload” fuel cell power system, which uses technology that produces hydrogen from ammonia.

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
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