When was Loop Energy founded?

Loop Energy was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Loop Energy located?

Loop Energy is headquartered in Burnaby, Canada.

How many employees does Loop Energy have?

As of Jun 30, 2026, the latest employee count at Loop Energy is 6.

Is Loop Energy a funded company?

Loop Energy is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 25, 2016.

When was the latest funding round of Loop Energy?

Loop Energy's latest funding was a $***** Grant (prize money) round on May 02, 2022, with participation from 1 investor.

Where does Loop Energy rank among its competitors?

Loop Energy ranks 7th amongst 52 active competitors, of which 11 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Pajarito Powder, which secured $8.45M in Apr, 2025.

Who are the top competitors of Loop Energy?

Loop Energy's top competitors include Pajarito Powder, Symbio and FCEV. Among them, Pajarito Powder secured the most recent funding round in April, 2025.

Loop Energy - 2026 Company Profile, Team, Funding & Competitors

Loop Energy is an acquired company based in Burnaby (Canada), founded in 2013 by David Leger. It operates as a Developer of hydrogen fuel cells for heavy-duty vehicles. Loop Energy has raised an undisclosed amount in funding from Cummins. The company has 52 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like Pajarito Powder, Symbio and FCEV.

Company Details

Developer of hydrogen fuel cells for heavy-duty vehicles. It offers various products like fuel cell extenders, and fuel cell stacks. It uses its patented eFlow technology for fuel cell development. It offers features like performance optimization, cost efficiency, and more.

Website: loopenergy.com
Email ID: *****@loopenergy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2013

Location

Burnaby, Canada

Stage

Acquired

Latest Funding Round

Grant (prize money), May 02, 2022, $*****

Investors

Cummins & 2 more

Ranked

7^th among 52 active competitors

Employee Count

6 as on Jun 30, 2026

Similar Companies

Pajarito Powder & 36 more

Exit Details

Acquired by Teralta (Dec 09, 2024)

View Loop Energy's full profile

Loop Energy got acquired by Teralta on Dec 09, 2024.

Click here to take a look at Loop Energy's acquisition in detail

Loop Energy has raised funding over 4 rounds. Its first funding round was on Mar 25, 2016. Its latest funding round was a Grant (prize money) round on May 02, 2022 for $*****. 1 investor participated in its latest round. Loop Energy has 3 institutional investors.

Here is the list of recent funding rounds of Loop Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2022	1925556	Grant (prize money)	3438672	3079535	7864676	2641431
Mar 24, 2020	1069453	Series A	6362520	3076383	3571889	2830941
Sep 18, 2019	6269793	Series A	6091626	1816175	Cummins	2108521

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View details of Loop Energy's funding rounds and investors

The founders of Loop Energy is David Leger.

Here are the details of Loop Energy's key team members:

David Leger: Founder of Loop Energy.

View details of Loop Energy's Founder profiles and Board Members

Loop Energy's employee count trend

Loop Energy has 6 employees as of Jun 26. Here is Loop Energy's employee count trend over the years:

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Top competitors of Loop Energy include Pajarito Powder, Symbio and FCEV. Here is the list of Top 10 competitors of Loop Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pajarito Powder 2012, Albuquerque (United States), Series B	Manufacturer of advanced catalysts for fuel cells and electrolyzer applications	$14.8M	Bekaert, Ecovyst & 9 others	56/100
2nd	Symbio 2010, Paris (France), Series B	Manufacturer of hydrogen fuel cell systems for mobility and industry	-	Michelin, ENGIE New Ventures & 10 others	56/100
3rd	FCEV 2016, Baoding (China), Series B	Provider of hydrogen power systems and related components and services	$220M	SDIC, China National Building Materials & 2 others	48/100
4th	EKPO 2021, Falkenstein (Germany), Unfunded	Manufacturer of fuel cell stacks and components for sustainable mobility	-	-	44/100
5th	EH Group Engineering 2017, Renens (Switzerland), Seed	Manufacturer of hydrogen fuel cell stacks and integrated power systems	$5.44M	AP Ventures, EIC Fund & 4 others	42/100
6th	Pragma Industries 2004, Biarritz (France), Series B	Developer of fuel cell testing equipment and fuel cell stack	$4.26M	Les Business Angels des Grandes Écoles, WiSEED ... & 1 others	39/100
7th	Loop Energy 2013, Burnaby (Canada), Acquired	Developer of hydrogen fuel cells for heavy-duty vehicles	-	Sustainable Development Technology Canada, Cummins ... & 1 others	38/100
8th	ionysis 2021, Freiburg (Germany), Unfunded	Membrane electrode for fuel cells and electrolyzers	-	-	35/100
9th	Acal Energy 2004, Runcorn (United Kingdom), Deadpooled	Developer of platinum-free liquid catalyst for low-cost proton exchange membrane	$20.8M	Sumitomo Corporation, Porton Group & 12 others	33/100
10th	Pemeas 2004, Frankfurt (Germany), Deadpooled	Manufacturer of aseptic low-acid food and beverage products	$32M	BankInvest, National Technology Enterprises Company ... & 6 others	32/100