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Sunfire
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Short description

Provider of energy conversion technologies, including solid oxide fuel cells and renewable synthetic fuels based on solid oxide electrolyzers

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 Dresden, Germany
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Updated by at on 05/01/2024

Edited by Cleantech Group on 07/02/2024

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  • 1 M&A items
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Customers
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Date Company
08/25/2020

Salzgitter Salzgitter

Sunfire has delivered a 720kw high-temperature electrolyser to Salzgitter for the GrInHy2.0 project to assist with energy-efficient hydrogen production for low CO2 steel making.

Confirmed by Salzgitter

Partnerships
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Date Partner Type
01/10/2024
Salzgitter Salzgitter
Salzgitter and Sunfire partner to produce green hydrogen via SOEC electrolysis. The project will utilize Sunfire's hydrogen technology at the Salzgitter Flachstahl steel mill.
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Confirmed by Salzgitter
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Investment Rounds
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IPO INFORMATION

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IPO status

IPO Type

Amount

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Prospectus

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Source

Description

Date Investors Type Amount
03/05/2024 LGT Private Banking LGT Private Banking , Lightrock Lightrock , Planet First Partners Planet First Partners , Carbon Direct Carbon Direct , Blue Earth Capital Blue Earth Capital , Ahren Innovation Capital Ahren Innovation Capital , GIC GIC , Carbon Equity Carbon Equity , Climate Pledge Fund Climate Pledge Fund (9)
Post-money valuation of
Investment to expand the industrialization plans to meet the fast-growing demand for electrolysis technologies
Growth Equity $233,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Power-to-Liquids/ Power-to-Gas

H2 and CO2 can be turned into fuels (diesel, jet-A, methane) using renewable electricity. sunfire has the knowhow to build such plants.

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