EODev: Funding, Investors & Team (Sep 2026)
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 funding round on record, the most recent a Series A of $49.9M announced in Nov 2023.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
EODev Company Profile and Key Stats
Latest funding round on record: Nov 2023.
EODev Funding Rounds
EODev Founders and Leadership Team
No contact details are on record for this team yet.
EODev Funding Compared to Other Energy Startups
EODev's latest round of $49.9M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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EODev Funding FAQs
What does EODev do?
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.
How much funding has EODev raised?
EODev has raised $49.9M across 1 round on record. The most recent is a Series A of $49.9M announced in Nov 2023.
When did EODev last raise funding?
EODev's most recent funding round on record is a Series A of $49.9M, announced in Nov 2023.
Who founded EODev?
FundedIQ lists Sang Luc (Founder) at EODev.
Where is EODev headquartered?
EODev is based in Issy-les-moulineaux, Ile-De-France, France.
How many employees does EODev have?
EODev is in the 51-100 employee band.
How does EODev's funding compare to other Energy startups?
EODev's latest round of $49.9M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's EODev Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for EODev is left off this page rather than filled in.
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