When was Ore Energy founded?

Ore Energy was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Ore Energy located?

Ore Energy is headquartered in Amsterdam, Netherlands.

How many employees does Ore Energy have?

As of Sep 30, 2026, the latest employee count at Ore Energy is 46.

Is Ore Energy a funded company?

Ore Energy is a funded company, having raised a total of $61M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 22, 2024.

When was the latest funding round of Ore Energy?

Ore Energy's latest funding was a $***** Series A round on Aug 04, 2026, with participation from 3 investors.

Where does Ore Energy rank among its competitors?

Ore Energy ranks 4th amongst 450 active competitors, of which 57 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ore Energy, which secured $43M in Aug, 2026.

Who are the top competitors of Ore Energy?

Ore Energy's top competitors include Wartsila, Statcon Energiaa and GPES. Among them, Ore Energy secured the most recent funding round in August, 2026.

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

Ore Energy is a series A company based in Amsterdam (Netherlands), founded in 2022 by Yaiza Gonzalez Garcia. It operates as a Developer of batteries. Ore Energy has raised $61M in funding from investors like HV Capital, Positron Ventures and Plural. The company has 450 active competitors, including 57 funded and 24 that have exited. Its top competitors include companies like Wartsila, Statcon Energiaa and GPES.

Company Details

Developer of batteries. It develops battery using components such as air and iron electrode, water based electrolyte, and oxygen. The batteries are modular, recyclable and non-flammable.

Website: www.oreenergy.com/
Email ID: *****@oreenergy.com
Phone Number: +31 **********

Key Metrics

Founded Year

2022

Location

Amsterdam, Netherlands

Stage

Series A

Total Funding

$61M in 2 rounds

Latest Funding Round

Series A, Aug 04, 2026, $*****

Investors

HV Capital & 4 more

Ranked

4^th among 450 active competitors

Employee Count

46 as on Sep 30, 2026

Similar Companies

Wartsila & 489 more

View Ore Energy's full profile

Ore Energy has raised a total funding of $61M over 2 rounds. Its first funding round was on May 22, 2024. Its latest funding round was a Series A round on Aug 04, 2026 for $*****. 3 investors participated in its latest round. Ore Energy has 5 institutional investors.

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 04, 2026	1941108	Series A	5157323	2336731	2064664	6133346
May 22, 2024	9951443	Seed	3370916	7693899	Positron Ventures	1997506

Access funding benchmarks and valuations. Sign up today!

View details of Ore Energy's funding rounds and investors

The founders of Ore Energy is Yaiza Gonzalez Garcia.

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

Yaiza Gonzalez Garcia: Co-Founder & CSO of Ore Energy.

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

Ore Energy's employee count trend

Ore Energy has 46 employees as of Sep 26. Here is Ore Energy's employee count trend over the years:

Uncover Ore Energy's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Ore Energy include Wartsila, Statcon Energiaa and GPES. Here is the list of Top 10 competitors of Ore Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wartsila 1834, Vaasa (Finland), Acquired	Provider of technologies and lifecycle solutions for the marine and energy markets	-	BlackRock, Investor & 2 others	73/100
2nd	Statcon Energiaa 1991, Noida (India), Acquired	Vertically integrated company that manufactures solar power electronics and provides solar EPC services	-	-	61/100
3rd	GPES 2010, Noida (India), Public	Provider of energy storage systems	-	-	57/100
4th	Ore Energy 2022, Amsterdam (Netherlands), Series A	Developer of batteries	$61M	HV Capital, Plug and Play Tech Center & 3 others	56/100
5th	On.Energy 2016, Miami (United States), Series B	Developer of energy storage technologies	$20M	Ultra Capital, Lombard Odier & 1 others	56/100
6th	Saft 1913, Levallois Perret (France), Acquired	Manufacturer of lithium-Ion battery	-	-	55/100
7th	Newen Systems 2020, Vadodara (India), Funding Raised	Provider of battery energy storage systems and power electronics solutions	-	TPG, Norfund	55/100
8th	Viridi Parente 2009, Buffalo (United States), Series C	Manufacturer of modular lithium-ion battery energy storage systems for various applications	$115M	National Grid Partners, Ashtead Group & 1 others	55/100
9th	Eddy Grid 2023, Utrecht (Netherlands), Series A	Provider of energy storage solution	$9.2M	Rockstart, Volve & 5 others	53/100
10th	Gamesa Electric 2004, Zamudio (Spain), Acquired	Manufacturer of electrical equipment across various sectors	-	Europa	52/100