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ZEG Power

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Delivers solutions for clean hydrogen production from gas, through its novel Technology with integrated carbon capture

Bærum, NorwayFounded 2008Energy
Valuation $50–100M Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ZEG Power and the history behind them.

About ZEG Power

ZEG Power AS is a Norwegian company specializing in the production of clean hydrogen from gas, utilizing its proprietary ZEG Technology which integrates carbon capture. The company primarily serves industrial clients and energy producers looking to transition to sustainable energy solutions. Operating within the renewable energy market, ZEG Power's business model revolves around the sale and deployment of hydrogen production plants, such as the ZEG H1 plant, which is the first of its kind to integrate CO2 capture. Revenue is generated through the sale of these plants, as well as through strategic partnerships and contracts, such as their recent EPC contract with Zeton in the Netherlands. The company is also involved in collaborative projects with research institutions like IFE Hynor to enhance the performance and efficiency of their technology. ZEG Power's strategic partnership with CCB aims to establish significant capacity for clean hydrogen production at the CCB Energy Park in Kollsnes.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Bærum, Norway
Employees
9
Open positions
None listed
Dealroom signal
30.2/100
Sub-industry
Clean Energy, Energy Efficiency
Sector
Energy, Hydrogen, Spinout, Sustainable Development Goals, Carbon Capture and Storage, Climate Tech, Novel Energy, Hydrogen (Not Green), Point Source
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Sep 2022 $24M $97M SLB ↗
OtherOther financing Dec 2018 $0 — StartupLab —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

ZEG Power website traffic

Latest recorded traffic for ZEG Power is 800 monthly website visits, up 60% over the last three months. ZEG Power's team declined 18.2% over the past year.

Latest monthly visits800 3-month web change+60% 1-year team growth-18.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
HycamiteEmission-free methane pyrolysis technology to produce carbon free hydrogen Kokkola, Finland Operational 61 $70M $182M
ReverionWorking to replace combustion engine technology for biogas utilization, with the creating of high temperature fuel cell systems Eresing, Germany Operational
Hydrogen Mem-TechProduces blue hydrogen from bio- and natural gas - and catches the CO₂ generated in the process Trondheim, Norway Operational
Peregrine HydrogenCreating hydrogen solutions, using a process that exploits the unique chemical properties of feedstocks Santa Cruz, United States Operational
Ekona PowerCreating a new solution to producing industrial scale hydrogen that is both low-cost and clean by converting natural gas into hydrogen, clean power, and pure CO2 that can be easily stored or used Burnaby, Canada Operational
McPhy EnergyElectricity resources based on a technology for hydrogen storage in solid form, in association with hydrogen production by water electrolysis Grenoble, France Acquired
SAKOWINOn-site production of decarbonized hydrogen through methane plasmalysis with negative or neutral in CO2 emissions and 5 times less electricity than electrolysis Aix-en-Provence, France Operational
EnapterMakes highly efficient hydrogen generators with patented Anion Exchange Membrane (AEM) technology and Energy Management Software Saerbeck, Germany Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • SLB

Other known investors3 additional known investors

  • Institute for Energy Technology (IFE)
  • StartupLab
  • Nysnø Climate Investments
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇳🇴 Norway55.6%
🇬🇧 United Kingdom11.1%
🇺🇸 United States11.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ZEG Power on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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