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Gencell - About the company

Gencell is a public company based in Petah Tikva (Israel), founded in 2011. It operates as a Fuel cell-based solutions provider. Gencell has raised an undisclosed amount in funding from TDK Ventures. The company has 217 active competitors, including 44 funded and 35 that have exited. Its top competitors include companies like Bloom Energy, Advent and Amogy.

Company Details

Fuel cell-based solutions provider. The company has commercially launched the GenCell G5 product line, which includes reliable and efficient generators, and is also developing a proprietary ammonia cracker for a wide range of applications. Their basic business model is based on a per-unit purchase and includes a one-year warranty. The company also offers a full-service solution that includes an extended warranty, additional equipment, maintenance, network operations centre tracking and fueling, tailor-made to specific customers needs and requirements.
Email ID
*****@gencellenergy.com
Key Metrics
Founded Year
2011
Location
Petah Tikva, Israel
Stage
Public
Investors
Ranked
Employee Count
67 as on Aug 31, 2026
Similar Companies
Exit Details
Public

Gencell's IPO details

Gencell got listed on Nov 26, 2020.
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Gencell's funding and investors

Gencell has raised funding over 5 rounds. Its first funding round was on Sep 04, 2020. Its latest funding round was a Grant (prize money) round on Oct 01, 2023 for $*****. 1 investor participated in its latest round. Gencell has 6 institutional investors.

Here is the list of recent funding rounds of Gencell:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 01, 2023
4669500
Grant (prize money)
3550825
8399095
2011799
1656544
Sep 27, 2023
5382571
Post IPO
3423484
9465924
1937252
Jan 18, 2022
2130562
Post IPO
7599671
8799287
4210316
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Gencell's founders and board of directors

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Gencell's employee count trend

Gencell has 67 employees as of Aug 26. Here is Gencell's employee count trend over the years:
Employee count trend for Gencell
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Gencell's Competitors and alternates

Top competitors of Gencell include Bloom Energy, Advent and Amogy. Here is the list of Top 10 competitors of Gencell, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bloom Energy
Bloom Energy
2001, San Jose (United States), Public
Provider of solid oxide fuel cell technology
$973M
73/100
2nd
Logo for Advent
Advent
2006, Boston (United States), Public
Provider of solutions for fuel cell
$8.9M
69/100
3rd
Logo for Amogy
Amogy
2021, Brooklyn (United States), Series C
Developer of ammonia-to-power systems and ammonia cracking catalysts for decarbonization
$302M
64/100
4th
Manufacturer of fuel cell systems for power generation and emissions management
-
64/100
5th
Logo for Intelligent Energy
Intelligent Energy
2001, Loughborough (United Kingdom), Acquired
Manufacturer of hydrogen fuel cell systems for various industrial applications
$213M
63/100
6th
Logo for GeoPura
GeoPura
2019, Newcastle Upon Tyne (United Kingdom), Acquired
Manufacturer of hydrogen power units for clean energy generation systems
$125M
62/100
7th
Logo for Elcogen
Elcogen
2001, Tallinn (Estonia), Series B
Manufacturer of solid oxide fuel cells and hydrogen production components
$103M
59/100
8th
Logo for Watt Fuel Cell
Watt Fuel Cell
2010, Pittsburgh (United States), Series C
Develops and manufactures solid oxide fuel cell systems
$174M
58/100
9th
Logo for Gencell
Gencell
2011, Petah Tikva (Israel), Public
Fuel cell-based solutions provider
-
58/100
10th
Logo for PowerCell
PowerCell
2008, Gothenburg (Sweden), Public
Develops fuel cells and hydrogen-generating systems
$35.5M
57/100
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Gencell's Investments and acquisitions

Gencell has made no investments or acquisitions yet.

Reports related to Gencell

Here is the latest report on Gencell's sector:

News related to Gencell

lockFilter this list
Media has covered Gencell for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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FAQs about Gencell

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