# Jadoo Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jadoo-power

- Industry: Energy Storage & Batteries
- Headquarters: Folsom, US
- Website: www.jadoopower.com
- Total disclosed funding: $11M
- Latest round: Series B (Apr 12, 2005)
- Investors on record: 3

## About

Jadoo Power provides innovative energy solutions, specializing in advanced fuel cell technology and hydrogen storage systems designed for various applications including portable power and backup energy solutions.Founded in 2001 in Folsom, US, Jadoo Power specializes in energy solutions through fuel cell technology. The company underwent a strategic pivot with its assets acquired by SiGNa Chemistry, Inc. in January 2015. Jadoo Power has engaged in 3 different deals, with the latest funding round being Series B, raising USD 11.00 mn, with investors including Mohr Davidow Ventures, Sinclair Broadcast Group, and Venrock.Jadoo Power focuses on the development of portable fuel cell systems and hydrogen storage solutions. Their products are tailored to meet energy demands across diverse sectors, providing efficient and reliable power for both consumer and industrial applications, thereby enabling sustainable energy use in various environments.Jadoo Power's revenue generation model is primarily based on the sale of its fuel cell systems and associated technologies. The company generates income through direct sales to consumers and businesses, capitalizing on the growing demand for clean and efficient energy solutions.Jadoo Power plans to leverage its recent funding from the Series B round to expand its product line in the fuel cell market, with new products aimed at enhancing energy efficiency expected to launch in late 2023. The company is also targeting expansion into international markets, specifically Europe and Asia, by 2025 to meet the rising global demand for sustainable energy solutions. This growth strategy aligns with their commitment to advancing fuel cell technology and increasing market presence.

## Funding rounds

- Series B, Apr 12, 2005, $11M — Mohr Davidow Ventures, Venrock, Sinclair Broadcast Group

## Investors

- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series B
- Venrock (https://capitalatlas.ai/funds/venrock) — Series B
- Sinclair Broadcast Group — Series B