ERGOSUP has successfully raised €11 million to enhance its green hydrogen production technology and expand its operational capabilities.
Target Company Overview
ERGOSUP is an innovative French start-up focused on creating hydrogen production and storage infrastructures through its unique and patented water electrolysis technology, which operates under very high pressure. This advanced system is designed to cater to the increasing demand for carbon-free hydrogen, which is vital for both clean mobility and low-carbon industrial applications.
Since its establishment in 2010, ERGOSUP has significantly progressed, culminating in a recently secured €11 million funding round that follows an initial €2.7 million round in 2015. The company’s immediate objectives include industrializing the production of its small-series electrolysers, enhancing its marketing efforts, and expanding its workforce by recruiting ten new employees.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in France
The hydrogen production industry in France currently faces a challenging landscape, with approximately 95% of hydrogen being generated from fossil fuels, while electrolysis accounts for less t
Similar Deals
Fonds Révolution Environnementale et Solidaire, Bpifrance → Eco-Tech Ceram
2025
LBO France → E.R.E (Entreprise Redonnaise d’Électricité)
2025
PSIM Fund managed by Bpifrance, AP Ventures, Kouros, Normandie Participations, Air Liquide Venture Capital (ALIAD), Demeter Ventures, GO CAPITAL and Arkéa Capital
invested in
ERGOSUP
in 2019
in a Series B deal
Disclosed details
Transaction Size: $11M