myFC Power
Company

Last deal

$6.7M

Amount

Venture - Series Unknown

Stage

08.08.2011

Date

1

all rounds

$6.7M

Total amount

General

About Company
myFC is a Swedish company that provides green and sustainable technology.

Industry

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founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 2005 as a spin-off from fuel cell research at KTH, myFC offers thin, modular, and scalable PEM fuel cells that can be easily adapted to electrical applications. With a power range from 1 W to 3kW rated power, myFC is a world leader in micro fuel cell technology, utilizing its own patented fuel cells that provide the highest energy density per volume and area. Their hybrid solution combines accumulators, like batteries, with hydrogen-based micro fuel cells, resulting in a maximum operating time without any emissions other than pure water. The company holds key patents protecting their unique fuel cell design and has received support from institutions and companies, including early investors such as The Sixth AP Fund, KCC, and individual private investors and business angels. In 2014, myFC was listed on NASDAQ OMX First North.
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