When was Everfuel founded?

Everfuel was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Everfuel located?

Everfuel is headquartered in Herning, Denmark.

Which legal entities is Everfuel associated with?

Everfuel is associated with Everfuel A / S and 5 others.

How many employees does Everfuel have?

As of Apr 30, 2026, the latest employee count at Everfuel is 63.

Is Everfuel a funded company?

Everfuel is a funded company, having raised a total of $38.7M across 11 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 01, 2016.

When was the latest funding round of Everfuel?

Everfuel's latest funding was a $***** Post IPO round on Mar 09, 2023, with participation from 0 investor.

Where does Everfuel rank among its competitors?

Everfuel ranks 5th amongst 151 active competitors, of which 33 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was NewTrace, which secured $6.3M in Mar, 2026.

Who are the top competitors of Everfuel?

Everfuel's top competitors include Lhyfe, Nel Hydrogen and EvolOH. Among them, NewTrace secured the most recent funding round in March, 2026.

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

Everfuel is a public company based in Herning (Denmark), founded in 2019. It operates as a Provider of green hydrogen for industrial and mobility applications. Everfuel has raised $38.7M in funding from Saga Tankers. The company has 151 active competitors, including 33 funded and 9 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and EvolOH.

Company Details

Provider of green hydrogen for industrial and mobility applications. The company focuses on producing and delivering hydrogen to reduce greenhouse gas emissions. It supplies hydrogen to industries like refineries, steel, and chemical production. The company also provides hydrogen delivery to bus, truck, and fleet operators.

Website: www.everfuel.com/
Social
Email ID: *****@everfuel.com
Phone Number: +45 **********

Key Metrics

Founded Year

2019

Location

Herning, Denmark

Stage

Public

Total Funding

$38.7M in 11 rounds

Latest Funding Round

Post IPO, Mar 09, 2023, $*****

Investors

Saga Tankers & 6 more

Ranked

5^th among 151 active competitors

Employee Count

63 as on Apr 30, 2026

Similar Companies

Lhyfe & 161 more

Exit Details

Public

View Everfuel's full profile

Everfuel is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Everfuel Operation A/S CIN: 43110063 , Denmark, Deadpooled	Feb 28, 2022	-	-
Everfuel Production Fredericia A/S CIN: 41323701 , Denmark, Active	Apr 21, 2020	-	-
Everfuel Denmark A/S CIN: 39441411 , Denmark, Active	Mar 26, 2018	-	-
Everfuel Distribution A/S CIN: 43110071 , Denmark, Deadpooled	Feb 28, 2022	-	-
Everfuel Retail Denmark A/S CIN: 36039264 , Denmark, Deadpooled	Jul 06, 2014	-	-
Everfuel A / S CIN: 38456695 , Denmark, Active	Mar 01, 2017	$898K (As on Dec 31, 2023)	71 (As on Nov 30, 2024)

Everfuel got listed on May 07, 2021.

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

Everfuel has raised a total funding of $38.7M over 11 rounds. Its first funding round was on Jul 01, 2016. Everfuel has 7 institutional investors.

Here is the list of recent funding rounds of Everfuel:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 09, 2023	3531066	Post IPO	7938590	3790487	6811310	7523853
Sep 13, 2022	9387075	Grant (prize money)	5723607	4845303	7046044	Europa
Jul 14, 2022	7668916	Grant (prize money)	8190726	5681097	4651524	Swedish Energy Agency

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View details of Everfuel's funding rounds and investors

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

Jacob Krogsgaard: CEO of Everfuel.

Everfuel's Board of Directors

Everfuel's board has 1 active member. Jørn Rosenlund is independent board member.

Here is the list of Everfuel's board of directors:

Name	Type	Representing	Status	Duration
Jørn Rosenlund	Independent board member	-	Current	6y 8m

View details of Everfuel's Founder profiles and Board Members

Everfuel's employee count trend

Everfuel has 63 employees as of Apr 26. Here is Everfuel's employee count trend over the years:

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Top competitors of Everfuel include Lhyfe, Nel Hydrogen and EvolOH. Here is the list of Top 10 competitors of Everfuel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lhyfe 2017, Nantes (France), Public	Manufacturer of renewable hydrogen produced through water electrolysis and electricity	$96.9M	Mitsui, Noria & 12 others	71/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Vermögensclub, Defense.gov & 4 others	69/100
3rd	EvolOH 2020, Santa Clara (United States), Series A	Manufacturer of electrolyzer stacks for clean hydrogen production	$20.1M	Engine Ventures, URBAN-X & 6 others	61/100
4th	Fourier 2022, Palo Alto (United States), Series A	Provider of renewable energy equipment manufacturing and other services	$18.5M	Paramark Ventures, General Catalyst & 5 others	60/100
5th	Everfuel 2019, Herning (Denmark), Public	Provider of green hydrogen for industrial and mobility applications	$38.7M	Luxor Capital Group, Saga Tankers & 5 others	60/100
6th	H2SITE 2019, Biscay (Spain), Series B	Developer of membrane reactor technology for hydrogen separation and purification	$50.3M	Breakthrough Energy, ENGIE New Ventures & 11 others	58/100
7th	Protium 2019, London (United Kingdom), Series B	Provider of green hydrogen production, distribution, and technical services	$88.7M	SWEN Capital Partners, Barclays & 41 others	58/100
8th	BayoTech 2015, Houston (United States), Series C	Provider of solutions for hydrogen production, transport and storage	$175M	Cottonwood Technology Fund, Newlight Partners ... & 5 others	57/100
9th	Stiesdal 2016, Odense (Denmark), Series C	Developer of offshore foundations, green hydrogen plants, and carbon capture systems	$121M	Andel, PensionDanmark & 5 others	56/100
10th	NewTrace 2020, Bengaluru (India), Seed	Manufacturer of electrolyzers for on-site green hydrogen production across industries	$13M	HDFC Bank, Peak XV Partners & 13 others	53/100