FuelCell Energy

company

About

FuelCell Energy is an integrated fuel cell company that designs, manufactures, installs, services and operates

  • 501 - 1000

Details

Last Funding Type
Post-IPO Debt
Industries
Energy,Fuel,Manufacturing,Renewable Energy
Founded date
Jan 1, 1969
Number Of Employee
501 - 1000
Operating Status
Active

FuelCell Energy is an integrated fuel cell company that designs, manufactures, installs, services and operates stationary baseload fuel cell power plants. With approximately 300 megawatts of power generation capacity installed or in backlog, we are a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal facilities, government installations and other customers around the world. Our power plants have generated over 1.5 billion kilowatt hours of power using a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas.

Our headquarters are located in Danbury, Connecticut and global markets are served from our production facility in Torrington, Connecticut. Our research teams are actively researching unique applications for the Direct FuelCell® technology including hydrogen generation and carbon capture. In addition, we are pursuing leading-edge research with solid oxide fuel cells as well as hydrogen compression and storage.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$33M
FuelCell Energy has raised a total of $33M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2019 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2019 Post-IPO Debt 2 Generate Capital Detail
Jun 26, 2018 Grant $8M 1 US Department of Energy Detail
Apr 18, 2016 Post-IPO Debt $25M 1 Hercules Capital Detail

Investments

Number of Investments
Number of Lead Investments
3
0
FuelCell Energy has made 3 investments. Their most recent investment was on Jul 15, 2020, when The Browser Company raised $5M.
Date Company Name
Round Money Raised Industry Lead Investor
Seed $5M Information Technology
Series C $72M Coffee
Oct 29, 2013 Glint
Series A $6.50M Analytics

Investors

Number of Lead Investors
Number of Investors
3
3
FuelCell Energy is funded by 3 investors. Generate Capital and US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
Generate Capital Yes Post-IPO Debt
US Department of Energy Yes Grant
Hercules Capital Post-IPO Debt