Where is ParaLoon located?

ParaLoon is headquartered in Essen, Germany. It is registered at Kammenstraat 13 B 2910 Essen.

How many employees does ParaLoon have?

As of Sep 30, 2026, the latest employee count at ParaLoon is 2.

Where does ParaLoon rank among its competitors?

ParaLoon ranks 99th amongst 236 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Co-Power, which secured $7.31M in Jun, 2025.

Who are the top competitors of ParaLoon?

ParaLoon's top competitors include Enpal, Sonnen Energy and Giga Green. Among them, Co-Power secured the most recent funding round in June, 2025.

ParaLoon - 2026 Company Profile, Team & Competitors

Company Details

ParaLoon is a space technology start-up focused on innovative and sustainable energy solutions from space. The company aims to contribute to reducing global CO2 emissions by developing inflatable "parabolic balloon" CPV structures for solar power in space and on Earth. With a strong team of space enthusiasts, ParaLoon aspires to create an impact in the movement towards space-based solar power.

Website: paraloon.space
Registered Address: Kammenstraat 13 B 2910 Essen

Key Metrics

Founded Year

2023

Location

Essen, Germany

Stage

Unfunded

Ranked

99^th among 236 active competitors

Employee Count

2 as on Sep 30, 2026

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View ParaLoon's full profile

ParaLoon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ParaLoon CIN: 1001.543.311 , Belgium, Active	Oct 24, 2023	-	-	-

ParaLoon has not raised any funding rounds yet.

The founders of ParaLoon are Philipp Grimmer and Roxana Dumitru.

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

Philipp Grimmer: Co-Founder, CFO & R&D Engineer of ParaLoon.
Roxana Dumitru: COO & co-founder of ParaLoon.

View details of ParaLoon's Founder profiles and Board Members

ParaLoon's employee count trend

ParaLoon has 2 employees as of Sep 26. Here is ParaLoon's employee count trend over the years:

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Top competitors of ParaLoon include Enpal, Sonnen Energy and Giga Green. Here is the list of Top 10 competitors of ParaLoon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Enpal 2017, Berlin (Germany), Series D	Provider of solar energy solutions offering purchase or rental options	$655M	SoftBank Vision Fund, HV Capital & 38 others	69/100
2nd	Sonnen Energy 2010, Wildpoldsried (Germany), Funding Raised	Provider of residential and commercial energy storage and management solutions	-	Ancora Finance Group	53/100
3rd	Giga Green 2018, Fulda (Germany), Series B	Provider of solar energy and financial services	$27.1M	Ichigo	43/100
4th	Aquila Clean Energy 2001, Hamburg (Germany), Unfunded	Provider of cleaning services for renewable solar energy	-	-	39/100
5th	Co-Power 2024, Munich (Germany), Seed	Provider of solar installation services	$7.31M	Cherry Ventures, Aurum Impact Invest & 4 others	38/100
6th	Enerix 2007, Ottendorf-okrilla (Germany), Unfunded	Provider of solar photovoltaic installation services	-	-	37/100
7th	Kraftanlagen 1953, Munich (Germany), Funding Raised	Provider of integrated solutions for energy, industrial, and building sectors. It offers engineering, construction, and service solutions across these sectors. Services include plant construction and revision, energy consulting, and building technology solutions. The company also provides expertise in areas such as combined heat and power, renewable energy integration, and data center infrastructure. A focus on decarbonization and sustainable solutions is evident throughout its offerings.	-	Europa	36/100
8th	Hep Global 2009, Guglingen (Germany), Unfunded	Provider of solar energy services & products	-	-	36/100
9th	Dataciders 2019, Dortmund (Germany), Funding Raised	Provider of data and artificial intelligence consulting and implementation services	-	AUCTUS Capital Partners	35/100
10th	ENGIE Energy Access 2021, Berlin (Germany), Acquired	Provider of solar energy solutions for home & business	-	-	33/100
99th	ParaLoon 2023, Essen (Germany), Unfunded	Provider of sustainable energy solutions by harnessing solar power in space and deploying it on earth	-	-	16/100