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Founded Year

2012

Stage

Unattributed VC | Alive

About Siqens

Siqens is an energy company that develops fuel cell technology for off-grid power and e-vehicles. The company combines solar power and batteries with a small fuel cell to achieve self-sufficiency.

Siqens Headquarters Location

Landsberger Straße 318d

Munich, 80687,

Germany

+49 89 4524463 0

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Siqens's Products & Differentiation

See Siqens's products and how their products differentiate from alternatives and competitors

  • Ecoport 800/1500

    SIQENS Ecoport products are ideal in combination with batteries and in hybrid systems including solar energy solutions. They provide the required energy if sufficient solar or grid power is not available. In contrast to conventional generators, they eliminate emission of nitrogen oxides and other pollutants. Our fuel cells generate hydrogen at the point of use from inexpensive and globally available green methanol. Compared to other fuel cells, this eliminates logistical challenges associated with the transport of compressed hydrogen while maintaining high efficiency.

    Differentiation

    Automatically kicks in when solar energy is not sufficient in hybrid systems 

    x higher energy density compared with compressed hydrogen 

    Competitors use 50 % more fuel 

    Works in all climatic zones and temperatures. in most geographies, renewables such as solar and wind are not reliable enough. Batteries can only store a limited amount 

    of energy. The uptake of compressed hydrogen fuel cells is limited by availability and difficult handling of gaseous hydrogen. 

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    Differentiation

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    Differentiation

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    Differentiation

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Siqens Patents

Siqens has filed 4 patents.

The 3 most popular patent topics include:

  • Alcohol fuel producers
  • Energy conversion
  • Energy storage
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/1/2016

10/19/2021

Fuel cells, Industrial gases, Chemical processes, Energy conversion, Gas technologies

Grant

Application Date

9/1/2016

Grant Date

10/19/2021

Title

Related Topics

Fuel cells, Industrial gases, Chemical processes, Energy conversion, Gas technologies

Status

Grant

Latest Siqens News

Fuel cell company Siqens receives funding from Finnish investor VNT Management Oy and KfW Bank -- Siqens

Mar 22, 2019

Fuel cell company Siqens receives funding from Finnish investor VNT Management Oy and KfW Bank By: Siqens   MUNICH - Nov. 22, 2013 - PRLog -- Together with the KfW ERP-Startfond, VNT Management is investing in the technology start-up company Siqens GmbH. Emerging from the Munich University of Applied Science the first round financing will provide Siqens with market entry funding for their new generation of fuel cells. With its eco-friendly and silent energy converter, Siqens presents a fuel cell with usability and efficiency levels to revival conventional combustions motors within the 1 to 5 kilowatt range. Dr. Lars Behrend, CEO of Siqens GmbH and responsible for business development, is highly satisfied with the first round of negotiations: “VNT Management and ERP-Startfond are strong partners with whom we can jointly pursue a sustainable product development and long-term market strategy.” Volker Harbusch, R&D managing director, adds: “We are proud to have VNT as an investor with their extensive experience in the energy sector.” “The Siqens concept focusses on reducing production costs - an issue that has prevented the fuel cell technology breakthrough so far”, states Peter Auner, VNT Management Investment Director, with regards to the new portfolio company. VNT sees “great market potential for Siqens fuel cells in a variety of highly interesting sectors. These include comfort applications for recreation and mobility, hybridisation of battery power or the energy supply and energy security in industry or infrastructure.” About Siqens GmbH Founded in 2012, Siqens GmbH emerged from a project funded by the German Federal Ministry of Economics and Technology (EXIST Forschungstransfer) and supported by the Munich University for Applied Science and the Strascheg Center for Entrepreneurship (SCE). During its first year, the company’s innovative concept was honoured with second place of the prestigious f-cell Award. Currently, Siqens is developing its high temperature methanol fuel cell (HT-MFC) for serial production. The advantage lies in the methanol’s highly efficient electricity supply and the simple systems periphery. This means that the HT-MFC system has significantly lower production and operation costs. Siqens focusses on maximising this advantage and, in the long-term, will expand into areas beyond the current fuel cell markets. Contact: About VNT Management Oy VNT is one of the first venture capital management companies in Europe that focuses on clean technologies, in particular renewables, electrical systems and energy savings. We are active in the Nordics and German-speaking countries. At present, VNT has three funds with a total investment capital of €157 million under management. VNT mainly invests in technology-orientated start-ups and growth companies in Europe. VNT executives possess core experience in the power conversion and control industry, providing essential added value to the target companies of VNT funds. Wide business experience, active management, and values based on fair play make up the cornerstones of VNT. Contact: About KfW's ERP Start-up-Fund KfW finances and supports, among other things, business start-ups, small and medium-sized enterprises (SME) as well as investments in growth and employment in Germany. The ERP Start-up Fund, administered and co-financed by KfW, offers equity financing for innovative, technology-based enterprises with very good growth prospects. The Fund finances research and product development as well as the launching of new products, processes or services. KfW always cooperates with a lead investor and offers financing at market conditions. Created in 2004, the ERP Start-up Fund disposes of around EUR 720 million in total for investing in emerging technology-based enterprises. Contact: E-Mail: info@kfw.de About Strascheg Center for Entrepreneurship (SCE) The Strascheg Center for Entrepreneurship (SCE) offers educational training and research programs in the field of entrepreneurship, and encourages innovation processes and the development of entrepreneurial personalities. SCE supports business start-ups from science and guides young businesses from idea development to marketable innovation. In this way SCE actively contributes to shaping the future of our society and to establishing a comprehensive start-up culture. SCE was founded in 2002 as an affiliated institute of the Munich University of Applied Sciences (MUAS). In July 2011 SCE and MUAS became one of the first three EXIST Start-Up Universities in Germany. CEO of SCE is Prof. Dr. Klaus Sailer. For further information visit www.sce.de Contact

Siqens Web Traffic

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  • When was Siqens founded?

    Siqens was founded in 2012.

  • Where is Siqens's headquarters?

    Siqens's headquarters is located at Landsberger Straße 318d, Munich.

  • What is Siqens's latest funding round?

    Siqens's latest funding round is Unattributed VC.

  • Who are the investors of Siqens?

    Investors of Siqens include ERP-Startfonds and VNT Management.

  • Who are Siqens's competitors?

    Competitors of Siqens include Blue World Technologies and 3 more.

  • What products does Siqens offer?

    Siqens's products include Ecoport 800/1500 and 3 more.

  • Who are Siqens's customers?

    Customers of Siqens include Tetradis, CSIRO and High Motive UK.

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