Clean energy with portability? PowerUP provides this in the form of a hydrogen fuel cell backup generator. Come join us on this innovative journey!
Location: Estonia
Employees: 11-50
Phone: +372 503 6963
Total raised: $11.69M
Founded date: 2016
Funding Rounds 1
| Date | Series | Amount | Investors |
| 25.11.2025 | Series A | $11.69M | ScaleWolf |
Mentions in press and media 8
| Date | Title | Description |
| 28.11.2025 | PowerUP Secures €10M for Hydrogen Tech Expansion | PowerUP gets €10M. Funding will boost hydrogen tech. The focus is defense and commercial use. Expansion is planned. *** Estonian firm PowerUP Energy Technologies has secured €10 million. The Series A funding aims to ramp up hydrogen generat... |
| 25.11.2025 | PowerUP nets €10M Series A to scale its dual-use hydrogen technology | Talliin-based PowerUP Energy Technologies has closed a €10 million Series A funding round to accelerate the manufacturing and commercialisation of its hydrogen-powered electric generators. Co-led by Mercaton and ScaleWolf and joined by Smar... |
| 25.11.2025 | Space-engineered, defense-proven power units position Estonia’s PowerUP for a €10 million expansion | Tallinn-based PowerUP Energy Technologies has closed a €10 million Series A funding round to accelerate the manufacturing and commercialisation of its hydrogen-powered electric generators. The investment, co-led by dual-use venture firms Me... |
| 29.09.2025 | Scaling lessons for tech companies: Quotes from successful European deep tech founders | If you think attracting investment is tough for a regular startup, imagine for a moment what it’s like for a deep tech founder. You’ve developed a groundbreaking technology, often the result of years of R&D and lab work. Now you’re thru... |
| 22.09.2025 | EE Inc before EU Inc: What Estonia can teach Europe about digital sovereignty | If Europe's tech ecosystem wants to see how a digital-first approach to startups and governance can work in practice — and what it could mean for the proposed 28th Regime — it needs look no further than e-Estonia, the country's long-running... |
| 24.07.2025 | Powering the front lines: startup PowerUP launches campaign to send hydrogen generator to Ukraine | Tallinn energy startup PowerUP Energy Technologies has launched a crowdfunding campaign to deliver one UP1K hydrogen generator directly to a drone team operating on the front lines in Ukraine. The aim is to provide a safer power supply and ... |
| 23.01.2023 | Alternative Fuels in Europe: A Mapping of Key Innovation Players | For all the progress towards decarbonization via electrification in various industries, fossil fuels are still the main energy source for the heavy industry and mobility sectors. Stakeholders are betting on alternative fuels such as hydroge... |
| - | PowerUp Fuel Cells OÜ | “Discover PowerUP Energy Technologies, the leader in portable hydrogen fuel cell generators. Offering sustainable, zero-emission power solutions for telecom, maritime, military, and off-grid applications. Explore clean energy innovations to... |