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Electrochaea
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Developer of a power-to-gas energy storage technology that converts excess electricity from wind and solar into renewable gas (SNG)

Founded in 2010
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
TRL Range

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Headquarters Germany Planegg, Germany
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Updated by at on 12/21/2023

Edited by Cleantech Group on 09/12/2024

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Date Partner Type
11/25/2024
Hitachi Hitachi
Partnership to produce synthetic methane in Japan over a five-year technology transfer and licensing agreement.
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Confirmed by Hitachi
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IPO INFORMATION

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IPO Type

Amount

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Description

Date Investors Type Amount
01/07/2022 European Innovation Council (EIC) European Innovation Council (EIC) , Baker Hughes Baker Hughes , GET Fund GET Fund , Storengy Storengy , b2venture b2venture , energie360° energie360° , Caliza Holdings Caliza Holdings , Focus First Holdings Focus First Holdings (8)
Post-money valuation of
Baker Hughes led the financing, with the EIC investing $17 million as part of this Series D round.
Growth Equity $40,880,000
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Product image Name Product status Revenue model Cost metrics

BioCat Biological Methanation Unit

First 1 MW biological methanation system, deployed in BioCat project in Denmark.

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