Advent Technologies Holdings
Advent Technologies Holdings is an innovation-driven company specializing in fuel cell and hydrogen technology. It develops, manufactures, and assembles complete fuel cell systems along with critical components essential for the performance of these systems. Advent's technology facilitates the conversion of various fuels, such as methanol, natural gas, and biomass, into electricity, eliminating the reliance on hydrogen infrastructure. The company serves multiple industries, including automotive, aviation, and power generation. Revenue is generated through the sale of fuel cell systems and the provision of membrane electrode assemblies, membranes, and electrodes for specific applications within the fuel cell and energy storage markets.
fischer group
Acquisition in 2021
Fisher group provides stainless steel pipes and components, renewable energies, and fuel cells.
SerEnergy
Acquisition in 2021
SerEnergy is a supplier and manufacturer specializing in methanol-based fuel cell solutions, focusing on the power supply and energy sector. The company develops and produces fuel cell stacks and power modules utilizing proton exchange membrane (PEM) fuel cell technology. These products are designed to serve as alternatives to traditional diesel generators, providing a cleaner energy solution for various applications. By concentrating on the advancement of fuel cell technology, SerEnergy aims to contribute to the transition towards sustainable energy sources.
Salt Security
Series C in 2021
Salt Security, Inc. is a cybersecurity company based in Palo Alto, California, specializing in API security. The company's platform is designed to prevent zero-day API breaches by employing machine learning and artificial intelligence to automatically identify and protect APIs. This solution learns the specific behaviors of a company's APIs without the need for configuration, enabling it to swiftly detect and block potential attackers. Founded in 2015 and initially known as SECful, Inc., the company rebranded to Salt Security in 2018. It aims to provide robust protection for modern applications that rely heavily on APIs, ensuring that clients can defend against evolving threats in the cybersecurity landscape.
UltraCell
Acquisition in 2021
UltraCell Corporation, based in Livermore, California, specializes in the development and sale of advanced integrated lightweight fuel cell systems for the portable power market. Founded in 2002, the company commercializes Reformed Methanol Micro Fuel Cell (RMFC) technology originally developed at the U.S. Department of Energy's Lawrence Livermore National Laboratory. This innovative technology enables significant improvements in micro fuel cell performance, allowing UltraCell to offer portable battery chargers that are NATO-approved and provide clean, renewable energy solutions. The Ultracell XX25 is notable for being the only fuel cell system that has successfully passed extensive Military Specification qualification testing and field trials, making it a trusted choice for military and security agencies.
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