When was LEAG founded?

LEAG was founded in 2009 and raised its 1st funding round 9 years after it was founded.

Where is LEAG located?

LEAG is headquartered in Cottbus, Germany.

How many employees does LEAG have?

As of Sep 30, 2026, the latest employee count at LEAG is 663.

Is LEAG a funded company?

LEAG is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 07, 2018.

When was the latest funding round of LEAG?

LEAG's latest funding was a $***** Grant (prize money) round on Feb 10, 2022, with participation from 1 investor.

LEAG - 2026 Company Profile, Team, Funding & Financials

Company Details

Provider of renewable energy solutions and flexible power generation systems. This organization manages the transition from traditional power production to a sustainable energy portfolio. Operations include the development of battery storage facilities, hydrogen-ready power plants, and renewable energy infrastructure. Technical teams oversee the maintenance of electrical grids and industrial sites to ensure reliable power supply. The business focuses on integrating diverse energy technologies to support a decarbonized power system while maintaining operational stability. Professional services encompass the procurement of industrial resources and the management of complex energy projects. Through the utilization of existing infrastructure and specialized technical expertise, the entity facilitates the shift toward modern energy technologies.

Website: www.leag.de/de/
Social
Email ID: *****@hafenkrone.de
Phone Number: +49 **********

Key Metrics

Founded Year

2009

Location

Cottbus, Germany

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Feb 10, 2022, $*****

Investors

Bundesministerium fur Wirtschaft und Klimaschutz & 1 more

Employee Count

663 as on Sep 30, 2026

Investment & Acquisitions

Scandbio & 3 more

View LEAG's full profile

LEAG is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Lausitz Energie Bergbau AG CIN: HRB3326 , Germany, Active	Jun 28, 1994	-	1310 (As on Dec 31, 2021)

LEAG has raised funding over 5 rounds. Its first funding round was on Jan 07, 2018. Its latest funding round was a Grant (prize money) round on Feb 10, 2022 for $*****. 1 investor participated in its latest round. LEAG has 2 institutional investors.

Here is the list of recent funding rounds of LEAG:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 10, 2022	3765959	Grant (prize money)	6363126	1334362	9946400	2418488
Feb 10, 2020	3833756	Grant (prize money)	3340959	6869850	1972855	Bundesministerium fur Wirtschaft und Klimaschutz
Jan 07, 2020	3019056	Grant (prize money)	2470564	5996684	5840631	Europa

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View details of LEAG's funding rounds and investors

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

Helmar Rendez: CEO of LEAG. They serve on the board of 1 company.

LEAG's Board of Directors

LEAG's board has 3 active members. Andreas Huck, Andrew Huck and Hubertus Altmann are independent board members.

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

Name	Type	Representing	Status	Duration
xk{nt{{	Team	-	Past	9y 3m
Andreas Huck	Independent board member	-	Current	5y 4m
tmvpptt	Independent board member	-	Current	3y 6m
gumwaqs	Independent board member	-	Past	4y 3m
eanuluz	Independent board member	-	Past	4y 5m
ytuiwzf	Independent board member	-	Past	7y 3m
il{eqre	Independent board member	-	Past	1y 3m
d{thngr	Independent board member	-	Past	3y 5m
bcv{nmx	Independent board member	-	Past	9y 1m
kvyqvpe	Independent board member	-	Past	3y 3m
vz{hxc{	Independent board member	-	Past	8y 8m

View details of LEAG's Founder profiles and Board Members

LEAG's employee count trend

LEAG has 663 employees as of Sep 26. Here is LEAG's employee count trend over the years:

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LEAG has made 2 investments in companies including DieEnergiekoppler and Dryad Networks. LEAG has also acquired 2 companies including Scandbio and Wismar Pellets.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 23, 2024	Acquisition	Scandbio	2016	Jonkoping (Sweden)
Jan 09, 2024	Investments	DieEnergiekoppler	2011	Dresden (Germany)
Apr 14, 2023	Acquisition	Wismar Pellets	2016	Wismar (Germany)