30/09, Startup Exhibition, Cluster „Energy", ST10
Key Facts
Company Description
Nernst Electric has developed a breakthrough manufacturing process that directly fabricates Solid Oxide Fuel Cell (SOFC) stacks, eliminating the traditional, costly step of assembling individual cells. This drives down manufactured costs 10x. Nernst Electric is currently fundraising to deploy units in the field and scale manufacturing.
Product/Service Description
Nernst Electric's solid oxide fuel cell stacks are capable of converting natural gas to power at unparalleled efficiencies, enabling reliable and low-cost, low-carbon power needed by AI, industry, etc
Website
https://nernstelectric.com/
Crunchbase
Country
Ireland
Founding Year
2023
Employees
< 5
Company Stage
MVP/Prototype
Business Model
B2B
Focus Industries
Active Markets
(5 most relevant ones)
Nernst Electric is presently pre-revenue. Operations are entirely in Ireland and the US
Look for at Bits & Pretzels
Funding & Investors
3 Lead Investors
Capital Raised to Date
1 500 000 €
Last Funding Type
Pre-Seed
Last Funding Date
February 2025
Capital Need (€)
< 5M
Currently Fundraising
(at the time of Bits & Pretzels 2025)
Yes