When was Orcan Energy founded?

Orcan Energy was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is Orcan Energy located?

Orcan Energy is headquartered in Munich, Germany.

Who is the current CEO of Orcan Energy?

Andreas Sichert of Orcan Energy. They have also founded 1 company.

How many employees does Orcan Energy have?

As of Jul 31, 2026, the latest employee count at Orcan Energy is 69.

Is Orcan Energy a funded company?

Orcan Energy is a funded company, having raised a total of $29M across 7 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on May 21, 2013.

When was the latest funding round of Orcan Energy?

Orcan Energy's latest funding was a $***** Series D round on Jan 31, 2023, with participation from 1 investor. Its primary sector is Energy Efficiency Tech. In Germany, the Energy Efficiency Tech sector has seen $111M in funding in 2026 to date.

Where does Orcan Energy rank among its competitors?

Orcan Energy ranks 4th amongst 58 active competitors, of which 15 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Enjay, which secured $822K in Sep, 2025.

Who are the top competitors of Orcan Energy?

Orcan Energy's top competitors include Systemair, Enerdrape and Enogia. Among them, Enjay secured the most recent funding round in September, 2025.

Orcan Energy - 2026 Company Profile, Team, Funding, Competitors & Financials

Orcan Energy is a public company based in Munich (Germany), founded in 2008 by Andreas Sichert and Richard Aumann. It operates as a Developer and producer of energy modules. Orcan Energy has raised $29M in funding from investors like Wellington Partners Venture Capital, E.ON and Kleiner Perkins. The company has 58 active competitors, including 15 funded and 10 that have exited. Its top competitors include companies like Systemair, Enerdrape and Enogia.

Company Details

Developer and producer of energy modules. They specialize in converting waste heat from sources such as industrial processes,engines,ships and geothermal plants into electricity. It develops and manufactures energy modules that convert waste heat into clean and affordable electricity using second generation orc solutions.

Website: www.orcan-energy.com/en/
Social
Email ID: *****@orcan-energy.com
Phone Number: +49 **********

Key Metrics

Founded Year

2008

Location

Munich, Germany

Stage

Public

Total Funding

$29M in 7 rounds

Latest Funding Round

Series D, Jan 31, 2023, $*****

Investors

Wellington Partners Venture Capital & 11 more

Ranked

4^th among 58 active competitors

Employee Count

69 as on Jul 31, 2026

Similar Companies

Enerdrape & 38 more

Exit Details

Public

View Orcan Energy's full profile

Orcan Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Orcan Energy Ag CIN: HRB219608 , Germany, Active	Jul 14, 2015	-	38 (As on Dec 31, 2022)

Orcan Energy has raised a total funding of $29M over 7 rounds. Its first funding round was on May 21, 2013. Its latest funding round was a Series D round on Jan 31, 2023 for $*****. 1 investor participated in its latest round. Orcan Energy has 12 institutional investors.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 31, 2023	6783285	Series D	2763251	4492124	9025122	4838492
Sep 27, 2022	6751406	Series D	3129013	6338779	3456314	Tilt & 1 more
May 01, 2021	9652433	Grant (prize money)	2125680	3362100	6761635	Europa

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View details of Orcan Energy's funding rounds and investors

The founders of Orcan Energy are Andreas Sichert and Richard Aumann. Andreas Sichert is the CEO of Orcan Energy.

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

Andreas Sichert: Co-Founder & CEO of Orcan Energy.
Contact Info: 1 email address
Richard Aumann: Co-Founder of Orcan Energy.
Contact Info: 1 email address

Orcan Energy's Board of Directors

Orcan Energy's board has 2 active members. Andreas Schuster is part of team and Marcus Jentsch is independent board member.

Here is the list of Orcan Energy's board of directors:

Name	Type	Representing	Status	Duration
Andreas Schuster	Team	-	Current	11y 1m
Marcus Jentsch	Independent board member	-	Current	4y 4m

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

Orcan Energy's employee count trend

Orcan Energy has 69 employees as of Jul 26. Here is Orcan Energy's employee count trend over the years:

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Top competitors of Orcan Energy include Systemair, Enerdrape and Enogia. Here is the list of Top 10 competitors of Orcan Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Systemair 1947, Skinnskatteberg (Sweden), Public	Manufacturer of HVAC products and solutions for indoor environment regulation	-	Svolder, EBRD	56/100
2nd	Enerdrape 2019, Lausanne (Switzerland), Seed	Developer of geothermal panel technology for heating and cooling. This technology transforms underground infrastructure into a renewable source of heating and cooling. The panels offer a sustainable and renewable energy solution for various applications. It supports decarbonization efforts for building owners and energy professionals, helping them achieve environmental and energy autonomy goals. The technology is applicable to both new construction and renovation projects.	$2.22M	URBAN-X, FIT & 4 others	54/100
3rd	Enogia 2009, Marseille (France), Public	Developer of waste heat recovery systems	-	Europa	47/100
4th	Orcan Energy 2008, Munich (Germany), Public	Developer and producer of energy modules	$29M	Kleiner Perkins, Quadia & 10 others	47/100
5th	NewHeat 2015, Bordeaux (France), Series B	Provides solar heat and waste heat recovery solutions	$56.1M	SWEN Capital Partners, Noria & 8 others	43/100
6th	Exergy 2011, Varese (Italy), Funding Raised	Provider of organic rankine cycle technology and industrial heat pumps	-	Europa	42/100
7th	WES 2022, Chennai (India), Seed	Provider of deep tech energy startup company	$886K	Shastra, MGA Ventures & 12 others	40/100
8th	Enjay 2015, Malmo (Sweden), Seed	Produces energy from waste gas of restaurant ventilation	$822K	Almi Invest, Philian Invest & 3 others	40/100
9th	Ventive 2011, Kingston upon Thames (United Kingdom), Series A	Provider of energy-efficient ventilation systems	$2.07M	EMV Capital, ACF Investors & 14 others	38/100
10th	JTEC Energy 2020, Atlanta (United States), Series A	Provider of solutions to convert heat into electricity	$32.2M	Ellis Capital	36/100