Hexagon Composites - About the company
Hexagon Composites is a public company based in Alesund (Norway), founded in 2008. It operates as an Offers composite pressure cylinder technology for a wide range of mobility and storage applications. Hexagon Composites has raised an undisclosed amount in funding. The company has 1068 active competitors, including 96 funded and 160 that have exited. Its top competitors include companies like Sunwoda Electronic, FlexGen and EnerSys.
Company Details
- Website
- hexagongroup.com
- Social
- Email ID
- *****@hexagongroup.com
- Phone Number
- +4 **********
- Registered Address
- Lincoln, Nebraska
Key Metrics
Founded Year
2008
Location
Alesund, Norway
Stage
Public
Latest Funding Round
Investors
Ranked
9th among 1068 active competitors
Employee Count
47 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Hexagon Composites
Hexagon Composites is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Hexagon Composites ASA CIN: 938992185 , Norway, Active | - | 1505 (As on Dec 31, 2021) | ||
HEXAGON TECHNOLOGY H2 AS CIN: 921571917 , Norway, Active | Sep 30, 2018 | - | - | |
HEXAGON LINCOLN, INC. CIN: 202051854 , United States, Active | Dec 31, 1999 | - | 109 (As on Dec 31, 2021) | - |
Hexagon Composites's IPO details
Hexagon Composites got listed on Mar 14, 2014.
Click here to take a look at Hexagon Composites's IPO in detail
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Hexagon Composites's funding and investors
Hexagon Composites has raised funding over 12 rounds. Its first funding round was on Jul 01, 2008. Its latest funding round was a Grant (prize money) round on Mar 11, 2025 for $*****. 1 investor participated in its latest round. Hexagon Composites has 6 institutional investors.
Here is the list of recent funding rounds of Hexagon Composites:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 11, 2025 | 7792305 | Grant (prize money) | 8232059 | 5550695 | 3329206 | 6388176 |
Aug 20, 2024 | 1864778 | Post IPO | 8852882 | 6936419 | 4453103 | 5539568 |
Feb 15, 2022 | 1555548 | Post IPO | 1142154 | 6291633 | 1884404 | 5344795 |
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Hexagon Composites' founders and board of directors
Founder? Claim ProfileHexagon Composites' employee count trend
Hexagon Composites has 47 employees as of May 26. Here is Hexagon Composites's employee count trend over the years:
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Hexagon Composites's Competitors and alternates
Top competitors of Hexagon Composites include Sunwoda Electronic, FlexGen and EnerSys. Here is the list of Top 10 competitors of Hexagon Composites, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
2nd | FlexGen 2009, Durham (United States), Series C | Battery energy storage solutions and software platform for energy transition | $276M | 69/100 | |
3rd | EnerSys 1999, Reading (United States), Public | Global leader providing stored energy solutions for diverse industries and applications | - | 65/100 | |
4th |  Amara Raja Group 1985, Hyderabad (India), Public | Manufacturer of batteries and other automotive components | - | - | 63/100 |
5th |  Maxvolt Energy 2019, Noida (India), Public | Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions | $1.5M | 63/100 | |
6th | Exide 1888, Milton (United States), Acquired | Manufacturer & supplier of automotive power storage systems | $408M | 59/100 | |
7th |  Exide Industries 1947, Kolkata (India), Public | Manufacturer and marketer of a wide range of lead acid storage batteries | $220M | 57/100 | |
8th | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
9th | Hexagon Composites 2008, Alesund (Norway), Public | Offers composite pressure cylinder technology for a wide range of mobility and storage applications | - | 54/100 | |
10th | Limited information available | - | - | 53/100 |
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Hexagon Composites's Investments and acquisitions
Hexagon Composites has made 3 investments in companies including Hexagon Purus and BRUDELI Green Mobility AS. Hexagon Composites has also acquired 3 companies including Agility Fuel Solutions and Digital Wave Corporation.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 20, 2023 | Investments | 2018 | Alesund (Norway) | |
Dec 18, 2023 | Investments | 2019 | Hokksund (Norway) | |
Apr 22, 2022 | Investments | 2008 | Graz (Austria) |
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News related to Hexagon Composites
Filter this listMedia has covered Hexagon Composites for a total of 24 events in the last 1 year, 9 of them have been about company updates and 2 about people movement.
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Hexagon Agility Secures Largest Order for Mobile Pipeline Modules from Certarus for Data Center DemandMiningstockeducation•Jul 06, 2026•Hexagonagility, Certarus, Hexagon, Hexagon Composites and 1 other
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Hexagon Composites ASA: Ex. date for potential subsequent offeringPR Newswire•May 08, 2026•Hexagon Composites
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Hexagon Composites ASA: Eirik Løhre appointed permanent CFOPR Newswire•May 05, 2026•Hexagon Composites
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Hexagon Agility Receives Order for Aerospace CylindersPR Newswire•Feb 12, 2026•Hexagon Composites, Hexagonagility
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