Tech Company Financing Transactions
Orcan Energy Funding Round
Orcan Energy, based in Munich, secured $27.3 million from Tilt Capital Partners, Air Liquide Venture Capital and E.ON SE.
Transaction Overview
Company Name
Announced On
9/27/2022
Transaction Type
Venture Equity
Amount
$27,260,000
Round
Undisclosed
Investors
Proceeds Purpose
Focusing on small to medium heat sources in the low-temperature segment (think engines of any flavour, not nuclear reactors), Orcan Energy has caught the eye of industry segments including marine, cement, steel, geothermal, oil and gas, and of course, power generation.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Rupert-Mayer-Strasse 44
Munich, 81379
DE
Munich, 81379
DE
Phone
Website
Email Address
Overview
Solutions from Orcan Energy allow companies from all sectors of industry to convert unused waste heat into very affordable, zero-carbon electricity. They can then choose whether to use this energy themselves or feed it back into the grid. Orcan Energy's first module went into operation in 2009. But our history goes back to 2004 and the research work using a small ORC system at the Technical University of Munich. Orcan Energy was founded in 2008 by Dr. Andreas Schuster, Richard Aumann and Dr. Andreas Sichert.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chairman
Christian Reitberger
Chief Executive Officer
Andreas Sichert
Chief Financial Officer
Marcus Jentsch
Chief Financial Officer
Andreas Schuster
Co-Founder
Richard Aumann
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