Estonian Clean Energy Production Startup Efenco Raises €4.5M For Its "Fire On Turbocharge" Technology
Amount Raised
€4.5 Million
Round Type
Seed
TallinnManufacturingEnergyOil And GasInvestors
Description
Efenco, a Tallinn-based deeptech become cleantech startup, has raised €4.5 million to further develop its “fire on turbocharge” technology.
Quick answer
Efenco raised €4.5 Million in a Seed round, dated November 16, 2023. Investors: Romania’s Bepco, Estonia’s Thermory, Finland’s Adven, Estonia’s Archimedes Foundation and European Innovation Council. Efenco is based in Tallinn, Harju Maakond, Estonia.
- How much did Efenco raise?
- Efenco raised €4.5 Million in a Seed round on November 16, 2023.
- Who invested in Efenco?
- Romania’s Bepco, Estonia’s Thermory, Finland’s Adven, Estonia’s Archimedes Foundation and European Innovation Council are named as investors in this round.
- What does Efenco do?
- Efenco is developing disruptive Cold-Plasma-Assisted Carbon Neutral Combustion (CPA PAC for short) technology for industrial heat production to achieve a whole new level of efficiency & GHG emissions reduction in the..
- Where is Efenco based and how big is it?
- Efenco is based in Tallinn, Harju Maakond, Estonia.
- Who are the decision-makers at Efenco?
- Fundz holds 1 contact at Efenco. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Efenco that raised within 45 days of this round, from Fundz verified event records.
- International Battery Metals raised $420K (Seed) on December 8, 2023.
- Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.
- Natron Energy raised $189M on December 28, 2023.
- Comstock raised $5.5M on December 27, 2023.
- NEXT Renewable Fuels, Inc. raised $100K (Seed) on December 22, 2023.
- Hyperion Companies raised $450K (Seed) on December 21, 2023.
Who to call at Efenco, and when
A new round usually means Efenco is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Efenco raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Efenco, from your own LinkedIn network
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Related People
Efenco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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