FundedIQ
Energy

EODev

EODev (Energy Observer Developments) is a French startup established in 2019 with the goal of accelerating the shift towards sustainable energy through the use of hydrogen-based solutions. They specialize in the design and production of zero-emission fuel cell power systems, including the GEH2® electro-hydrogen unit for stationary and mobile applications, as well as the REXH2® generator for marine use. EODev boasts prestigious clients such as Loxam, GL events, Enedis, Fountaine Pajot, and San Lorenzo. Over the past few years, the company has secured 40 million euros in funding and has the capacity to produce 600 units annually. They currently employ 70 individuals across three locations in Paris and Lyon, where all of their production takes place.

www.eo.dev Issy-les-moulineaux, France 51-100 employees
Total raised
$49.9M
Rounds
1
Latest
Series A
Nov 2023

EODev (Energy Observer Developments) is a French startup established in 2019 with the goal of accelerating the shift towards sustainable energy through the use of hydrogen-based solutions. They specialize in the design and production of zero-emission fuel cell power systems, including the GEH2® electro-hydrogen unit for stationary and mobile applications, as well as the REXH2® generator for marine use. EODev boasts prestigious clients such as Loxam, GL events, Enedis, Fountaine Pajot, and San Lorenzo. Over the past few years, the company has secured 40 million euros in funding and has the capacity to produce 600 units annually. They currently employ 70 individuals across three locations in Paris and Lyon, where all of their production takes place.

EODev has raised $49.9M across 1 round. Its most recent round was a Series A of $49.9M in Nov 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Nov 15, 2023
Series A
$49.9M

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