Overview
Funding Rounds 2
| Date | Series | Amount | Investors |
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| Oct 12, 2023 | Funding round | $47.72M |
Mentions in press and media 8
| Date | Title | Description |
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| May 15, 2025 | Deep roots, global reach: Estonia’s tech ecosystem | Estonia's tech ecosystem continues to demonstrate resilience and maturity amid global economic uncertainty. According to Startup Estonia, in the first quarter of 2025, startups generated over €400 million in turnover, contributed €63 millio... |
| Jan 14, 2025 | Elcogen Applauded by Frost & Sullivan for Enabling High-efficiency, Emission-free Power and Green Hydrogen Production with Its Versatile Solid Oxide Fuel Cell and Stack Technologies | Elcogen's advanced SOFC and SOEC technologies provide scalable, cost-effective solutions for both residential and industrial applications that enable high efficiency, fuel flexibility, and lower emissions. SAN ANTONIO, Jan. 14, 2025 /PRNews... |
| Jun 27, 2024 | Estonia: A dynamic hub for technology and entrepreneurship | Fueled by a forward-thinking government and a vibrant startup culture, Estonia has earned global recognition for its advancements in technology and digital governance. The country's commitment to digital transformation is evident in initiat... |
| Apr 5, 2024 | Estonian cleantech Elcogen closes an over €140M investment round | Estonian cleantech Elcogen closes an over €140M investment round 05 April, 2024, 17:31 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> Elcogen, a Tallinn-based clean energy technolog... |
| Apr 4, 2024 | Baker Hughes backs Tallinn-based Elcogen to scale its leading solid oxide technology for hydrogen | Read this article in: Tallinn-based Elcogen, a manufacturer of green energy technology, announced on Wednesday that it has raised funding from Baker Hughes in a fresh funding round. Baker Hughes is an energy technology company that has a di... |
| Oct 12, 2023 | Estonian startup Elcogen receives €45M strategic investment from HD Hyundai | Estonian startup Elcogen receives €45M strategic investment from HD Hyundai 12 October, 2023, 16:11 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Estonian green hydrogen ... |
| Elcogen | “We manufacture market's most efficient solid oxide fuel (SOFC) and electrolyser cells (SOEC), stacks and modules.” |
Reviews 0
FAQ about Elcogen
When was Elcogen founded?
Elcogen was founded in 2001.
How much funding has Elcogen raised?
Elcogen has raised $199.53M in total across 2 funding rounds.
What funding rounds has Elcogen raised?
Parsers VC lists 2 funding rounds of Elcogen, among them a funding round of $47.72M on Oct 12, 2023.
What has the press written about Elcogen?
Parsers VC has collected 8 articles mentioning Elcogen, among them “Deep roots, global reach: Estonia’s tech ecosystem” (May 15, 2025) and “Elcogen Applauded by Frost & Sullivan for Enabling High-efficiency, Emission-free Power and Green Hydrogen Production with Its Versatile Solid Oxide Fuel Cel...” (Jan 14, 2025).
Is Elcogen still active?
Yes, Elcogen is active; its latest activity on Parsers VC dates from Feb 5, 2026.