Qnergy
Latest round
- Series C
Last raised
- Nov 2021
Total raised
- $46M
Investors
- 3
About Qnergy
Qnergy Ltd.Founded in 2009 and headquartered in Ogden, US, Qnergy Ltd. specializes in methane abatement technologies.Qnergy specializes in providing innovative solutions aimed at reducing methane emissions while generating useful energy from waste sources. The company’s core offerings include the PowerGen series of generators, which operate at power levels of 600, 1200, 1800, and 5650 watts. These generators are designed to utilize unrefined natural gas and biogas derived from organic waste, landfills, dairy farms, and industrial kitchens. Additionally, Qnergy’s Compressed Air Pneumatics (CAP) solutions are specifically engineered to replace methane emissions at gas well sites, utilizing compressed air technology.Qnergy's revenue model is structured around direct sales of its products and strategic partnerships within the energy sector. The company engages in business-to-business transactions, supplying its generators and methane abatement technologies directly to clients in oil and gas operations, agricultural facilities, and landfill management. Revenue is generated through the sale of flagship products, such as the PowerGen generators and CAP solutions, tailored to meet the specific needs of various industries. Pricing plans are customized based on the technical specifications and power capabilities required by the end-users, allowing for flexibility in addressing diverse operational demands.In November 2021, Qnergy Ltd. The company is focused on introducing new products that enhance methane emission reduction capabilities and plans to enter South American and European markets, enhancing its international footprint by 2023.
Who invested in Qnergy
3 investors across 3 rounds
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Questions about Qnergy
Who invested in Qnergy?
Qnergy has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Qnergy raised?
Qnergy has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Qnergy last raise money?
Qnergy's most recent round on record is a Series C, in Nov 2021.
What does Qnergy do?
Qnergy is a power & utilities company.
Where is Qnergy headquartered?
Qnergy is headquartered in Ogden, US.
Which VCs invest in companies like Qnergy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Qnergy's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series C
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