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Photoncycle raises €15M in Series A funding led by NordicNinja and Voima Ventures to scale manufacturing and support commercial launch in Denmark.

PRIVATEMar 05, 2026

Amount Raised

€15 Million

Round Type

Series A

EnergyRenewable EnergySolar

Investors

NordicNinjaLifeline VenturesEviny VenturesLuminar VenturesMomentumVoima Ventures

Description

Photoncycle, a developer of seasonal hydrogen-based energy storage systems, raised €15M in Series A funding. The round was led by NordicNinja and Voima Ventures, with participation from existing investors. The funds will be used to scale manufacturing operations and prepare for a 2027 launch in the Netherlands. The company is advancing solid-state hydrogen storage technology to provide a long-duration alternative to lithium-ion batteries.

Quick answer

Photoncycle raised €15 Million in a Series A round, dated March 5, 2026. Investors: NordicNinja, Lifeline Ventures, Eviny Ventures, Luminar Ventures, Momentum and Voima Ventures.

How much did Photoncycle raise?
Photoncycle raised €15 Million in a Series A round on March 5, 2026.
Who invested in Photoncycle?
NordicNinja, Lifeline Ventures, Eviny Ventures, Luminar Ventures, Momentum and Voima Ventures are named as investors in this round.
What does Photoncycle do?
Photoncycle is a developer of seasonal hydrogen-based energy storage systems.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Photoncycle that raised within 45 days of this round, from Fundz verified event records.

  • Sepion Technologies raised $10M (Series B) on April 17, 2026.
  • SUNation Energy raised $1.2M on April 14, 2026.
  • ArtIn Energy raised $255M (Private Equity) on March 24, 2026.
  • ReNew Energy Global Plc raised $95M on March 16, 2026.
  • Lingge Energy Technology (Suzhou) Ltd raised $10M (Angel) on March 4, 2026.
  • BluePath Finance raised an undisclosed amount on March 3, 2026.

Who to call at Photoncycle, and when

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Company Information

Company

Photoncycle

About

Photoncycle is a developer of seasonal hydrogen-based energy storage systems. The company focuses on advancing solid-state hydrogen storage technology, enabling the storage of surplus summer solar energy for winter use. Their system integrates with household heat pumps to provide a long-duration alternative to lithium-ion batteries. Photoncycle aims to reduce homeowner reliance on volatile gas markets and alleviate grid congestion.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Photoncycle 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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