Target Information

Founded in 2006 by three entrepreneurs, FutureE Fuel Cell Solutions GmbH, based in Baden-Württemberg, has established itself as a leading integrator of fuel cell systems for telecommunications and industrial applications. The company was awarded the Dr. Rudolf Eberle Prize, an innovation award granted by the state of Baden-Württemberg, at the end of last year. It is now recognized as a market leader in Germany.

Following a trade sale to publicly listed Heliocentris Energy Solutions AG in the autumn of 2014, the final steps of the transaction have been successfully completed. This marks a significant achievement for the company and the Business Angels Region Stuttgart, who supported FutureE during its growth phase.

Industry Overview

Germany has seen a significant push towards renewable energy solutions in recent years, with a strong emphasis on reducing carbon emissions and adopting sustainable technologies. Within this context, the fuel cell technology sector has gained momentum, supported by governmental initiatives and funding aimed at fostering innovation in cleaner energy sources.

FutureE’s entry into the telecommunications sector, serving clients like Deutsche Telekom and E-Plus, has positioned the company among the key players in Germany's energy landscape. Additionally, its involvement in the BOS Digital Radio sector with federal states such as Brandenburg underscores its role in critical infrastructure.

Moreover, FutureE has expanded its reach beyond Germany, successfully introducing its technology in markets like China and Russia. This international presence not only enhances the company's reputation but also contributes to its competitiveness as a global leader in fuel cell solutions.

With over €10 million in funding secured through various rounds, including backing from the Entrepreneurs Fund London, KfW, and Deutsche Telekom Venture, FutureE has leveraged this capital to grow its operational capabilities significantly, relocating to a new facility in Wendlingen in 2013 designed for production, laboratories, and offices.

Rationale Behind the Deal

The definitive 100% integration into Heliocentris Energy Solutions AG marks a fruitful exit for the investors involved, particularly the Business Angels Region Stuttgart. This strategic move is anticipated to enhance FutureE's operational synergies and market presence under the umbrella of a stronger, publicly listed entity.

The transaction underscores the investors' commitment to supporting innovative companies with high growth potential in the sustainable energy sector, as FutureE’s technology is pivotal in meeting global energy demands sustainably.

Investor Information

The initial investment in FutureE was led by four business angels who displayed foresight in backing the emerging technology of stationary fuel cell power supply back in 2007. The investment was subsequently matched by the Landeskreditbank Baden-Württemberg, showcasing the confidence in FutureE's vision.

Frank Motte, one of the leading business angels, played a crucial role not only as the lead investor but also as the chairperson of the shareholder assembly and later as chair of the advisory board, guiding the company until the completion of the sale. His interim leadership as CEO further highlights the collaborative approach to nurturing FutureE's growth.

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From an investment perspective, the acquisition of FutureE by Heliocentris Energy Solutions AG is regarded as a commendable move. The fuel cell industry is positioned for substantial growth, driven by increasing demand for sustainable energy solutions. Therefore, aligning with a company that has established a solid presence and reputation in this innovation-driven sector positions Heliocentris for future success.

Moreover, the backing from notable investors and the recognition garnered through awards further validate the strength of FutureE's technology and business model. Such endorsements enhance investor confidence in the viability of FutureE's offerings in both existing and new markets.

Nonetheless, the competitive nature of the renewable energy sector must be taken into consideration. FutureE's ability to innovate and adapt to changing market demands will be essential for maintaining its leadership and achieving long-term success post-acquisition.

In conclusion, the deal not only represents an important exit for the investors involved but also sets the stage for FutureE to leverage its expertise and scale efficiently within the expanding global green energy market.

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