EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Kristalina Georgieva

Vice President

Past deals in Fuel Cell

Altar

Grant in 2019
Altar is a biotechnology company focused on automated fluidics, dedicated to enhancing the performance of microorganisms for commercial applications. They develop proprietary technologies that utilize automated cultivation devices to harness natural selection, allowing for the continuous and contamination-free proliferation of cell suspensions. This innovative approach enables industries to improve the efficacy of microorganisms used in producing food, feed, flavors and fragrances, cosmetics, fuels, chemicals, and health products. By ensuring 24/7 operation, Altar's technology supports the long-term cultivation of microbes, making it a valuable resource for various sectors seeking to optimize their microbial applications.

Hydrogenics

Grant in 2019
Hydrogenics Corporation designs, develops, and manufactures hydrogen generation and fuel cell products utilizing water electrolysis and proton exchange membrane (PEM) technologies. The company operates through two main segments: OnSite Generation and Power Systems. The OnSite Generation segment offers hydrogen generation products, including alkaline electrolyzers branded as HySTAT and HyLYZER, which are tailored for both indoor and outdoor applications, primarily targeting industrial customers in need of high purity hydrogen produced on-site. The Power Systems segment provides PEM fuel cell products under the HyPM brand for various applications, including motive power for vehicles and stationary power solutions, catering to original equipment manufacturers and system integrators. Hydrogenics maintains a global presence with operations in Canada, Belgium, and Germany, and distributes its products through a direct sales force and a network of distributors. The company has also partnered with Air Liquide to advance PEM electrolysis technologies. Headquartered in Mississauga, Canada, Hydrogenics has been a subsidiary of Cummins Inc. since September 2019.

Elcogen

Grant in 2018
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and Solid Oxide Fuel Cell (SOFC) stacks, utilizing proprietary materials and technological solutions. Established in 2001, the company aims to facilitate a clean energy future through its innovative fuel cell technology, which significantly reduces emissions from natural gas systems while providing twice the power for the same amount of gas. Elcogen's solid oxide fuel cells are recognized for their efficiency, enabling effective energy conversion, reversible operation for both power generation and hydrogen production, and flexibility in fuel use. This technology not only supports renewable energy generation but also contributes to the production of green hydrogen, offering industries an efficient means to reduce costs and enhance sustainability.

Hydrogenics

Grant in 2018
Hydrogenics Corporation designs, develops, and manufactures hydrogen generation and fuel cell products utilizing water electrolysis and proton exchange membrane (PEM) technologies. The company operates through two main segments: OnSite Generation and Power Systems. The OnSite Generation segment offers hydrogen generation products, including alkaline electrolyzers branded as HySTAT and HyLYZER, which are tailored for both indoor and outdoor applications, primarily targeting industrial customers in need of high purity hydrogen produced on-site. The Power Systems segment provides PEM fuel cell products under the HyPM brand for various applications, including motive power for vehicles and stationary power solutions, catering to original equipment manufacturers and system integrators. Hydrogenics maintains a global presence with operations in Canada, Belgium, and Germany, and distributes its products through a direct sales force and a network of distributors. The company has also partnered with Air Liquide to advance PEM electrolysis technologies. Headquartered in Mississauga, Canada, Hydrogenics has been a subsidiary of Cummins Inc. since September 2019.

Gomecsys BV

Grant in 2017
Gomecsys BV is a Dutch engineering company that develops fuel saving internal combustion engine technology. The focus is on Variable Compression Ratio (VCR) engines and the first prototype was developed in 2000.

Smart Sensor Technology

Grant in 2016
Smart Sensor Technology is a Spanish company focused in the fuel retailing sector. It has developed a revolutionary device, a Fuel Leak Wireless Detection System, that allows to 24/7 monitoring any facility with no civil work, no false alarms, no maintenance and 7 years lasting battery. The company was founded by Santiago Ramas and Pedro Tabuenca in 2009.

Eco-cars Group

Grant in 2016
Eco-cars Group produces, sells, and develops the Fuel Catalyst device, which enhances the fuel in order to improve engine combustion. Their solution improves the performance and lifespan of any combustion engine while reducing fuel consumption, harmful emissions, and noise pollution.

Terragenic

Seed Round in 2016
Terragenic develops a technology for hydrogen storage in liquid medium. The technology will bridge between traditional and renewable energy generation technologies and PEM fuel cellpower generation solutions. The company is focused on providing a safe and cost effective Hydrogen source for PEM fuel cell based systems in utility scale, transportation, off-grid and military market segments.

Danish Power Systems

Grant in 2015
Danish Power Systems Aps, founded in 1994 and headquartered in Kvistgaard, Denmark, specializes in the manufacturing of fuel cells, particularly high temperature polymer electrolyte membrane (HTPEM) fuel cells. The company focuses on producing critical components such as membrane electrode assemblies (MEAs), where electricity is generated through a reaction involving hydrogen and air. Danish Power Systems is notable for its ability to manufacture polybenzimidazole (PBI), a key material for the fuel cell’s polymer membrane, which enhances its competitiveness in the fuel cell market. The company also provides a range of fuel cell components, including membrane materials, electrode materials, catalysts, and electrolysis components, ensuring chemical, thermal, and mechanical stability in various sizes. Additionally, Danish Power Systems fosters strong research and development collaborations with leading universities and companies globally, positioning itself closer to market advancements.

Elcogen

Grant in 2015
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and Solid Oxide Fuel Cell (SOFC) stacks, utilizing proprietary materials and technological solutions. Established in 2001, the company aims to facilitate a clean energy future through its innovative fuel cell technology, which significantly reduces emissions from natural gas systems while providing twice the power for the same amount of gas. Elcogen's solid oxide fuel cells are recognized for their efficiency, enabling effective energy conversion, reversible operation for both power generation and hydrogen production, and flexibility in fuel use. This technology not only supports renewable energy generation but also contributes to the production of green hydrogen, offering industries an efficient means to reduce costs and enhance sustainability.

Convion

Grant in 2015
Convion Ltd. is a Finnish company, established in 2012 and located in Espoo, that specializes in the development and manufacturing of solid oxide fuel cells for power generation. The company focuses on creating high-efficiency systems that facilitate distributed power generation and hydrogen production, utilizing various fuels to enhance energy independence and security. Convion's modular fuel cell systems are designed for industrial and commercial applications, offering operational flexibility and reliability. By leveraging solid oxide fuel cell technology, Convion aims to contribute to sustainable energy solutions and improve the efficiency of power generation markets.
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