Sunfire
Industrial Machinery & Equipment · Germany · 501-1,000 Employees
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Overview
Headquarters
Gasanstaltstrasse 2, Dresden, Saxony, 01...Phone Number
+49 3518967970Website
www.sunfire.deRevenue
$502.7 MillionIndustry
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Sunfire financials insights
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Series D
$126M
Unspecified
$214.4M
Grant
$217.2M
Series E
$233.6M
Debt
$206.1M
Sunfire Tech Stack
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Sunfire News & Media
Sunfire Lands $206 Million Financing to Propel Hydrogen Market Expansion
German electrolysis pioneer Sunfire has secured €200 million in guaranteed financing, marking a significant milestone in scaling hydrogen technology for industrial applications. The funding, backed by a consortium of leading European banks and supported by government guarantees, underscores growing confidence in climate technology investments and the decarbonization of German industry.The financing, led by Commerzbank, includes Société Générale, BNP Paribas, LBBW, and Ostsächsische Sparkasse DreSunfire spins off its fuel cell business - Renewable Energy Magazine
German electrolyser and fuel cell company Sunfire is spinning off its fuel cell business, given that it requires a distinctly different approach to development from the company?s othe...Sunfire Secures Over EUR 500M
Sunfire, a Dresden, Germany-based electrolyzer manufacturer, secured more than EUR 500m in funding. The funding included: The company intends to use the funds to accelerate growth and industrialization of its green hydrogen technologies. Led by CEO Nils Aldag, Sunfire has developed pressurized alkaline and high-temperature solid oxide electrolysis technologies, which are a key enabler of […] The post Sunfire Secures Over EUR 500M appeared first on FinSMEs.
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Frequently Asked Questions Regarding Sunfire
Sunfire is a global leader for industrial electrolyzers. With the company's innovative and proven solutions, the company is addressing a key challenge of today’s energy system: Providing renewable hydrogen and Syngas as substitutes for fossil energy sources. The company's electrolyzers – based on alkaline and solid oxide (SOEC) technologies – enabl... Read More