FundedIQ
Energy

Photoncycle: Funding, Investors & Team (Sep 2026)

Photoncycle is an energy storage scale-up that develops hydrogen energy storage systems that enable households and businesses to store summer solar power for winter use. Its patented technology transforms surplus renewable energy into solid-state hydrogen stored underground, releasing it as clean heat and power when needed. The company designs solutions that allow households and businesses to store excess solar energy generated during the summer months and use it during winter periods, helping to balance seasonal energy availability. Its systems convert surplus electricity into hydrogen, safely store it, and later reconvert it to electricity when demand exceeds on-site generation. Photoncycle also focuses on integrating its storage solutions with existing solar installations and energy management systems to optimize energy use, reliability, and efficiency. Through its hydrogen storage technology, the company aims to enable long-term renewable energy utilization and provide a practical method for managing intermittent solar generation across different seasons.

www.photoncycle.com LinkedIn Oslo, Norway 11-50 employees
Energy Energy Storage Renewable Energy Semiconductor Solar B2B
Total raised
$17.4M
Rounds
1
Latest
Series A
Mar 2026

Photoncycle has raised $17.4M across 1 funding round on record, the most recent a Series A of $17.4M announced in Mar 2026.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Photoncycle Company Profile and Key Stats

Total funding raised
$17.4M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$17.4M in Mar 2026
Employees
11-50
reported band
Headquarters
Oslo, Norway

Latest funding round on record: Mar 2026.

Photoncycle Funding Rounds

Date
Round
Amount
Series A
$17.4M

Photoncycle Founders and Leadership Team

Name
Role
Contact
Bjorn Brandtzaeg
Founder
Locked

Contact details for the Photoncycle team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Photoncycle Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
232
$8.7M
8,352
$15M

Photoncycle's latest round of $17.4M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Photoncycle in Energy and Oslo

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Photoncycle Funding FAQs

What does Photoncycle do?

Photoncycle is an energy storage scale-up that develops hydrogen energy storage systems that enable households and businesses to store summer solar power for winter use. Its patented technology transforms surplus renewable energy into solid-state hydrogen stored underground, releasing it as clean heat and power when needed. The company designs solutions that allow households and businesses to store excess solar energy generated during the summer months and use it during winter periods, helping to balance seasonal energy availability. Its systems convert surplus electricity into hydrogen, safely store it, and later reconvert it to electricity when demand exceeds on-site generation. Photoncycle also focuses on integrating its storage solutions with existing solar installations and energy management systems to optimize energy use, reliability, and efficiency. Through its hydrogen storage technology, the company aims to enable long-term renewable energy utilization and provide a practical method for managing intermittent solar generation across different seasons.

How much funding has Photoncycle raised?

Photoncycle has raised $17.4M across 1 round on record. The most recent is a Series A of $17.4M announced in Mar 2026.

When did Photoncycle last raise funding?

Photoncycle's most recent funding round on record is a Series A of $17.4M, announced in Mar 2026.

Who founded Photoncycle?

FundedIQ lists Bjorn Brandtzaeg (Founder) at Photoncycle.

Where is Photoncycle headquartered?

Photoncycle is based in Oslo, Oslo, Norway.

How many employees does Photoncycle have?

Photoncycle is in the 11-50 employee band.

How does Photoncycle's funding compare to other Energy startups?

Photoncycle's latest round of $17.4M 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 Photoncycle 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 Photoncycle is left off this page rather than filled in.

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