When was Meva Energy founded?

Meva Energy was founded in 2008 and raised its 1st funding round 9 years after it was founded.

Where is Meva Energy located?

Meva Energy is headquartered in Gothenburg, Sweden.

How many employees does Meva Energy have?

As of Aug 31, 2026, the latest employee count at Meva Energy is 55.

Is Meva Energy a funded company?

Meva Energy is a funded company, having raised a total of $13M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 12, 2017.

When was the latest funding round of Meva Energy?

Meva Energy's latest funding was a $***** Venture Debt round on Oct 23, 2025, with participation from 1 investor. Its primary sector is Renewable Energy Tech. In Sweden, the Renewable Energy Tech sector has seen $65.3M in funding in 2026 to date.

Where does Meva Energy rank among its competitors?

Meva Energy ranks 2nd amongst 60 active competitors, of which 21 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Wildfire Energy, which secured $1.39M in Jul, 2026.

Who are the top competitors of Meva Energy?

Meva Energy's top competitors include Sistema, WtE-As and Cowboy Clean Fuels. Among them, Wildfire Energy secured the most recent funding round in July, 2026.

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

Company Details

Provider of solutions for energy generation from gasification of biofuel. It provides a technology solution for the conversion of solid biomass to heat and power. The process includes a fuel handling system, a cyclone gasifier, a gas cleaning system based on bio-oil scrubbing, a wet electric precipitator, and a gas engine with a generator.

Website: mevaenergy.com
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Email ID: *****@mevaenergy.com

Key Metrics

Founded Year

2008

Location

Gothenburg, Sweden

Stage

Series A

Total Funding

$13M in 3 rounds

Latest Funding Round

Venture Debt, Oct 23, 2025, $*****

Investors

European Investment Bank & 4 more

Ranked

2^nd among 60 active competitors

Employee Count

55 as on Aug 31, 2026

Similar Companies

Phoenix Biopower & 5 more

View Meva Energy's full profile

Meva Energy has raised a total funding of $13M over 3 rounds. Its first funding round was on May 12, 2017. Its latest funding round was a Venture Debt round on Oct 23, 2025 for $*****. 1 investor participated in its latest round. Meva Energy has 5 institutional investors.

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 23, 2025	5307191	Venture Debt	8768403	1724439	8036852	8115664
Aug 14, 2023	7454785	Series A	6933334	6434022	8969328	AXA Investment Managers
May 12, 2017	2882598	Seed	1234145	5390264	InnoEnergy	9861270

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View details of Meva Energy's funding rounds and investors

The founders of Meva Energy is Ilham Cindioglu.

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

Ilham Cindioglu: Former Founder of Meva Energy.

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

Meva Energy's employee count trend

Meva Energy has 55 employees as of Aug 26. Here is Meva Energy's employee count trend over the years:

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Top competitors of Meva Energy include Sistema, WtE-As and Cowboy Clean Fuels. Here is the list of Top 10 competitors of Meva Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sistema 2009, Mexico (Mexico), Series B	Provider of biodigester technology that transforms animal waste into bioenergy	$60.4M	Engie, DILA Capital & 30 others	59/100
2nd	Meva Energy 2008, Gothenburg (Sweden), Series A	Provider of solutions for energy generation from gasification of biofuel	$13M	European Investment Bank, InnoEnergy & 3 others	55/100
3rd	WtE-As 2017, Barcelona (Spain), Series B	Provider of solutions to convert waste into fuel	$11.8M	SC Netzero Ventures, CEMEX Ventures & 2 others	54/100
4th	Cowboy Clean Fuels 2020, Denver (United States), Series B	Provider of renewable natural gas	$27.3M	Machan Investments, HRV & 1 others	53/100
5th	Wildfire Energy 2016, Brisbane (Australia), Seed	Developer of biomass to syngas conversion technology	$1.39M	Airbus Official, Qantas & 7 others	50/100
6th	Hydron Energy 2020, Vancouver (Canada), Series A	Developer of technology that upgrades biogas and purifies syn-gases	-	Plug and Play Tech Center, National Research Council Canada ... & 4 others	50/100
7th	KIS Group 2006, Bengaluru (India), Funding Raised	Provider of turnkey solutions for waste to energy and wastewater	-	responsAbility	49/100
8th	Viridi 2022, Wilmington (United States), Series D	Provider of renewable natural gas platform to manage energy	$320M	Warburg Pincus	49/100
9th	n3e 2022, Pune (India), Unfunded	Integrated solutions for green hydrogen	-	-	47/100
10th	Bioenergy DevCo 2019, Columbia (United States), Series D	Provider of anaerobic digestion technology for organic waste and energy solutions	$236M	HASI, Irradiant & 2 others	44/100