# McPhy Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mcphy-energy

- Industry: Energy Storage & Batteries
- Headquarters: France
- Website: www.mcphy.com
- Total disclosed funding: $31M
- Latest round: Series D (Mar 22, 2013)
- Investors on record: 7

## About

McPhy Energy, based in France, specializes in the design and delivery of hydrogen production and distribution solutions, facilitating the transition to cleaner energy across various industries.McPhy Energy, founded in 2008 in France, designs and delivers hydrogen production and distribution equipment. The company went public on March 26, 2014, raising EUR 32 million through its IPO. Key executives include Alexander Picco, Jean-Baptiste Lucas, and Marco Luccioli.McPhy specializes in designing, manufacturing, and integrating hydrogen production and distribution equipment, offering solutions for the energy transition. Their product range includes electrolyzers like the McLyzer series, hydrogen filling stations such as McFilling and Augmented McFilling, and storage solutions. These products cater to various applications, including heavy industry and transportation, and are deployed across Europe, North America, and Asia.In 2023, McPhy reported a revenue of EUR 20,320,879.20 with an EBITDA of EUR -51,306,593.80. Their revenue model emphasizes B2B sales and partnerships, focusing on tailored solutions, equipment sales, and ongoing maintenance services to meet specific industry needs.McPhy Energy plans to expand its product line with new offerings designed to enhance hydrogen production capabilities. The company is targeting growth in North America and Asia by 2025, leveraging recent funding from its IPO to support these initiatives. The total amount raised in the IPO was EUR 32 million, which will be allocated towards research and development and market expansion.

## Funding rounds

- Series D, Mar 22, 2013, $13M — Sofinnova Partners, CDC Enterprises, Gimv, Demea Invest, Areva, Clipperton Finance
- Series C, Nov 21, 2012, $5.8M — Sofinnova Partners, Gimv, Demea Invest, Areva, Clipperton Finance
- Series B, Jul 7, 2010, $12M — Sofinnova Partners, Gimv, Demea Invest, Amundi, Areva, Clipperton Finance

## Investors

- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series B, Series C, Series D
- Gimv (https://capitalatlas.ai/funds/gimv) — Series B, Series C, Series D
- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series B, Series C, Series D
- Amundi (https://capitalatlas.ai/funds/amundi) — Series B
- Areva — Series B, Series C, Series D
- Clipperton Finance — Series B, Series C, Series D
- CDC Enterprises (https://capitalatlas.ai/funds/cdc-enterprises) — Series D