# Celadyne Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/celadyne-technologies

- Industry: Energy Storage & Batteries
- Headquarters: Chicago, US
- Website: www.celadynetech.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Feb 15, 2024)
- Investors on record: 3

## About

Based in Illinois, US, and founded in 2019 by Chief Executive Officer Gary Ong and co-founder Delia Milliron, Celadyne Technologies, Inc. operates as a clean energy  company that offers hydrogen technology that replaces the proton exchange membrane to create fuel cells that are more durable and electrolyzers. In February 2024, Celadyne Technologies, Inc. raised USD 4.5 million in seed funding co-led by new investors Maniv Mobility and Dynamo Accelerator and Fund, with participation from another new investor EPS Ventures. Celadyne Technologies, Inc. makes fuel cells by converting hydrogen into usable energy for integrated and compact usage. The company offers various solutions, including decarbonizing transportation costs by using hydrogen as a logistical fuel and supporting various markets such as aviation, shipping, utilities, manufacturing, and many more. In addition, the firm produces fuel cell devices with a variety of features, such as integration, nanomaterial usage, smaller fuel cell devices, and many more, for weight-sensitive applications. The company will use the February 2025 funding to expand its team growth and support the ongoing development of its material technology.

## Funding rounds

- Seed, Feb 15, 2024, $4.5M — Maniv Mobility, Dynamo, EPS Ventures

## Investors

- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Seed
- Dynamo — Seed
- EPS Ventures (https://capitalatlas.ai/funds/eps-ventures) — Seed