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Loop Energy
Zero-emission hydrogen-based power systems for heavy-duty transport
About Loop Energy
Loop Energy is a startup that operates in the renewable energy sector, specifically focusing on hydrogen fuel cell solutions. The company's proprietary eFlow™ technology offers industry-leading fuel efficiency, which translates to lower capital and operating costs for its clients. This technology uses a unique bipolar plate with a trapezoidal flow field and narrowing channels to deliver higher fuel efficiency, greater longevity, and lower total cost of ownership (TCO). In simpler terms, this means that the technology is designed to make the most out of the fuel it uses, lasts longer, and costs less to operate over time.
The company manufactures its robust fuel cell stacks in-house, ensuring top-notch performance and quality management. These fuel cell modules and systems are carefully engineered to deliver industry-leading performance. They offer high-efficiency fuel cell modules that are plug-and-play solutions, meaning they are easy to integrate, reducing costs and speeding up time-to-market.
Loop Energy also offers factory programmed fuel cell systems. This means that they provide a system that includes their fuel cell control unit directly managing a cooling system and a DC-DC converter. This is a step further in providing a comprehensive solution for their clients.
The company's business model revolves around selling these high-efficiency fuel cell solutions to clients in industries that require clean, efficient energy solutions. By offering a product that is both cost-effective and environmentally friendly, Loop Energy is well-positioned to capitalize on the growing demand for renewable energy solutions.
Source: Dealroom company dataAt a glance
- Founded
- 2000
- Headquarters
- Burnaby, Canada
- Sector
- Transportation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Sustainable Development Technology Canada
Eureka
Automative Supplier Innovation Program
Prairies Economic Development Canada
PacifiCan
Government of Canada
Series A1 investor entered at this stage
Cummins
Source: Dealroom Talent Intelligence.
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