When was Advent founded?

Advent was founded in 2006 and raised its 1st funding round 6 years after it was founded.

Where is Advent located?

Advent is headquartered in Boston, United States. It is registered at A24 THE SANDERSON CENTRE,LEES LANE,GOSPORT,ENGLAND,PO12 3UL.

Who is the current CEO of Advent?

Vasilis Gregoriou of Advent. They have also founded 1 company.

How many employees does Advent have?

As of Jun 30, 2026, the latest employee count at Advent is 41.

Is Advent a funded company?

Advent is a funded company, having raised a total of $8.9M across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Feb 17, 2012.

When was the latest funding round of Advent?

Advent's latest funding was a $***** Grant (prize money) round on Jan 01, 2020, with participation from 1 investor.

What is the annual revenue of Advent?

Annual revenue of Advent is between $1M and $10M as on Dec 31, 2024

Where does Advent rank among its competitors?

Advent ranks 1st amongst 2 active competitors, only 1 of which is funded. Blue World, which secured $11.9M in Dec, 2023.

Advent - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of solutions for the fuel cell. It offers fuel cells that convert hydrogen and other renewable fuels to electricity. Its other products include fuel cell material, flow battery membrane, and organic photovoltaics.

Website: advent.energy
Social
Email ID: *****@advent.energy
Phone Number: +1 **********
Registered Address: A24 THE SANDERSON CENTRE,LEES LANE,GOSPORT,ENGLAND,PO12 3UL

Key Metrics

Founded Year

2006

Location

Boston, United States

Stage

Public

Total Funding

$8.9M in 7 rounds

Latest Funding Round

Grant (prize money), Jan 01, 2020, $*****

Investors

Connecticut Innovations & 5 more

Ranked

1^st among 2 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2024

Employee Count

41 as on Jun 30, 2026

Investment & Acquisitions

Clean Hydrogen Technologies & 2 more

Similar Companies

Blue World

Exit Details

Public

View Advent's full profile

Advent is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADVENT TECHNICAL LTD CIN: 9570478 , United Kingdom, Active	Apr 30, 2015	£0 - £1M (As on Mar 31, 2024)	1 (As on Mar 31, 2025)
Advent Technologies Holdings, Inc. CIN: 6936793 , United States, Active	Jun 17, 2018	$1M - $10M (As on Dec 31, 2024)	-	-
ADVENT TECHNOLOGIES A/S CIN: 29616647 , Denmark, Active		-	-

Advent got listed on Dec 26, 2018.

Click here to take a look at Advent's IPO in detail

Advent has raised a total funding of $8.9M over 7 rounds. Its first funding round was on Feb 17, 2012. Its latest funding round was a Grant (prize money) round on Jan 01, 2020 for $*****. 1 investor participated in its latest round. Advent has 6 institutional investors.

Here is the list of recent funding rounds of Advent:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2020	9922350	Grant (prize money)	6277741	2889247	5394500	8593589
Oct 01, 2018	6354105	Grant (prize money)	6228608	4755235	8840643	Europa
Feb 25, 2015	1448301	Grant (prize money)	9527750	6904330	3075181	DOE

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View details of Advent's funding rounds and investors

The founders of Advent is Vasilis Gregoriou. Vasilis Gregoriou is the CEO of Advent.

Here are the details of Advent's key team members:

Vasilis Gregoriou: Co-Founder & CEO of Advent.
Contact Info: 1 email address

View details of Advent's Founder profiles and Board Members

Advent's employee count trend

Advent has 41 employees as of Jun 26. Here is Advent's employee count trend over the years:

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Top competitors of Advent include Blue World. Here is the list of Top 10 competitors of Advent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Advent 2006, Boston (United States), Public	Provider of solutions for fuel cell	$8.9M	Jai Capital, DOE & 4 others	70/100
2nd	Blue World 2018, Aalborg (Denmark), Series B	Developer and manufacturer of methanol fuel cell components and systems	$73.6M	Danmarks Eksport og Investeringsfond, Maersk Growth ... & 10 others	55/100

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Advent has made 1 investment in Clean Hydrogen Technologies and acquired SerEnergy and Ultracell.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 02, 2022	Investments	Clean Hydrogen Technologies	2021	Sydney (Australia)
Sep 01, 2021	Acquisition	SerEnergy	2006	Aalborg (Denmark)
Feb 18, 2021	Acquisition	Ultracell	2002	Livermore (United States)