Oorja Fuel Cells

company

About

Oorja Fuel Cells is a global energy company that designs, manufactures, and commercializes Direct Methanol Fuel Cells (DMFC).

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$15M
Industries
Energy,Fuel,Manufacturing
Founded date
Jan 1, 2004
Number Of Employee
51 - 100
Operating Status
Active

Oorja Fuel Cells (Oorja Protonics) is a global energy company working to enable the methanol economy. It designs, develops, and commercializes Direct Methanol Fuel Cells (DMFCs) ranging in power from 0.5 to 100 kilowatts that have a wide range of applications across several industries such as telecommunications, vehicles and transportation, distributed energy, and microgrid.

The company was founded in 2004 in Silicon Valley and is funded by leading global investors such as Sequoia Capital, Dag Ventures, Artis Capital Management, McKenna Ventures Management, and Mingxin China Growth Fund.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$24.42M
Oorja Fuel Cells has raised a total of $24.42M in funding over 2 rounds. Their latest funding was raised on Feb 12, 2014 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 12, 2014 Series E $3.45M 1 Mingxin China Growth Fund Detail
Jan 11, 2010 Debt Financing $450K 1 Detail
Mar 14, 2007 Series B $15M 2 Detail
May 25, 2006 Series A $5.52M 1 Sequoia Capital Detail

Investors

Number of Lead Investors
Number of Investors
2
3
Oorja Fuel Cells is funded by 3 investors. Mingxin China Growth Fund and Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Mingxin China Growth Fund Yes Series E
Sequoia Capital Debt Financing
McKenna Capital Series B