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Company	Elcogen
Short Description	Manufacturer and developer of anode-supported Intermediate Temperature Solid Oxide Fuel Cells
Status	Private
Year Founded	2001
Industry Group	energy & power
Sector	hydrogen
TRL Range	9
Country	Estonia
Nbr Employees
Revenue Range
Total Equity Capital Raised	$115.4M
Last Stage Capital Raised	Growth Equity round of $5.151M 2025
Investors	VNT Management, Enterprise Estonia, EASME, HydrogenOne Capital, Important Projects of Common European Interest (IPCEI), HD Hyundai, Baker Hughes, Mirae Asset Financial Group, EU Innovation Fund (EIF), SmartCap

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Short description

Manufacturer and developer of anode-supported Intermediate Temperature Solid Oxide Fuel Cells

Founded in 2001

Founded in

Company type Private Public ()

Company type

Industry Group energy & power

Sector hydrogen

TRL Range 9

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

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Headquarters Estonia Tallin, Estonia

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Updated by Sunena Gupta at on 04/24/2024

Edited by Cleantech Group on 03/28/2025

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Enn Õunpuu

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02/02/2015	EASME EASME View source Confirmed by EASME	Incubation/Acceleration	Delete

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01/17/2025	SmartCap SmartCap (1) Post-money valuation of Funding will support production capacity and business development. (source)	Growth Equity	$5,150,750	Delete

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Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	SOFC Stacks SOFC stack technology that uses ASC-10B single cells with 1 kW DC power.	Pilot/Early Revenue	Products - Retail	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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SOFC stack technology that uses ASC-10B single cells with 1 kW DC power.

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Manufacturer and developer of anode-supported Intermediate Temperature Solid Oxide Fuel Cells

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