Fuel Cell Manufacturer Closes Series B Financing

February 26, 2014 By Linda Hardesty

Sunfire, a German-based developer of high-temperature fuel cells, has completed a “high seven-figure” Series B financing round, supported by two new investors: Total Energy Ventures and Electranova Capital.

Sunfire’s high-temperature fuel cells convert gas into electricity and heat for several markets, including Micro CHP, off-grid, marine and IT servers. The company also sells high-temperature electrolyses, which produce hydrogen used in power-to-gas and power-to-liquids installations and industrial sites.

The 70-person team and its new investors aim to accelerate Sunfire’s product-to-market roadmap and tap broader markets.

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