# PowerUp

**Source:** https://www.startuphub.ai/startups/powerup
**Profile type:** Startup

> Develops and manufactures hydrogen fuel cell generators for defense and commercial use.

## About

PowerUP Energy Technologies develops and manufactures modular hydrogen fuel cell generators that convert hydrogen into electricity, producing power without carbon emissions, heat, or noise. Their solutions are designed for environments demanding high reliability and low operational footprint, including military units, critical infrastructure, and industrial applications. The technology was originally engineered for European Space Agency missions and has been adapted for terrestrial use, including deployment in conflict zones.

## Key facts

- **Slug:** powerup
- **Website:** https://www.powerup-tech.com/
- **Location:** Tallinn, Estonia
- **Founded:** 2016-01-01
- **Employees:** 49
- **Operating status:** Active
- **Total funding:** $20M
- **Sectors / tags:** Clean Energy, Hydrogen Fuel Cells, Defense Tech, Energy Storage, Critical Infrastructure, Industrial Automation, Renewable Energy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/powerup-energy-technologies
  - Twitter: https://twitter.com/powerup_tech
  - Facebook: https://www.facebook.com/powerupenergytechnologies

## Frequently asked

### What does PowerUp do?

PowerUP Energy Technologies develops and manufactures modular hydrogen fuel cell generators that convert hydrogen into electricity, producing power without carbon emissions, heat, or noise. Their solutions are designed for environments demanding high reliability and low operational footprint, including military units, critical infrastructure, and industrial applications. The technology was originally engineered for European Space Agency missions and has been adapted for terrestrial use, includin…

### What is PowerUp's revenue?

StartupHub estimates PowerUp's annual revenue at $12.4M (range $6.9M to $42.6M, 65% confidence), based on comparable companies in the sector.

### What is PowerUp's valuation?

StartupHub estimates PowerUp's effective valuation at $78.4M (range $50.0M to $120.0M, 20% confidence), based on comparable companies in the sector.

### How much funding has PowerUp raised?

PowerUp has raised a total of $20M in funding. The most recent round on record is Series A.

### Where is PowerUp headquartered?

PowerUp is headquartered in Tallinn, Estonia.

### When was PowerUp founded?

PowerUp was founded in 2016.

### What industry does PowerUp operate in?

PowerUp operates in Clean Energy, Hydrogen Fuel Cells, Defense Tech, Energy Storage, Critical Infrastructure, Industrial Automation.

### How many employees does PowerUp have?

PowerUp has approximately 49 people on record.

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