Startup · Estonia
PowerUP Energy Technologies
HQ Tallinn, EstoniaFounded 201611-50 employeesUpdated
PowerUP Energy Technologies provides hydrogen fuel cells generators, a sustainable innovative source of energy.
Funding1 round · ~$11.6M
- Equity raised
- ~$11.6M
- Latest
- ~$11.6MSeries A · Nov 25, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Nov 25, 2025 | Series A | ~$11.6M | — | ScaleWolf | — | Reported |
- Series ALed by ScaleWolf~$11.6MNov 25, 2025
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems6
- UP1KA hydrogen fuel-cell power system.
- UP3KA hydrogen fuel-cell power system.
- UP400A hydrogen fuel-cell power system.
- UPMobileA hydrogen fuel-cell power system.
- UPSystemA hydrogen fuel-cell power system.
- UPSystem MAXA hydrogen fuel-cell power system.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides hydrogen fuel-cell generators for power generation, with no defense use stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Provides hydrogen fuel-cell generators for power generation, with no defense use stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Ivar Kruusenberg | Founder |
| Yozo Okuyama | CTO |
Sources10
Profile2
- 1
PowerUP Energy Technologies · Supports Organization · description, Organization · name, Organization · website
“PowerUP Energy Technologies provides hydrogen fuel cells generators, a sustainable innovative source of energy.”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Estonia", "hq_iso2": "EE", "id": "97692a99-080b-4e30-b2b3-2274e1ffcffb"}”
Systems6
- 3CompanyUP1K
PowerUP Energy Technologies · Supports System
“UP1K 1 kW portable hydrogen fuel cell based generator”
- 4CompanyUP3K
PowerUP Energy Technologies · Supports System
“UP3K 3 kW portable hydrogen fuel cell based generator”
- 5CompanyUP400
PowerUP Energy Technologies · Supports System
“UP400 400 W portable hydrogen fuel cell based generator”
- 6CompanyUPMobile
PowerUP Energy Technologies · Supports System
“UPMobile 10 kW trailer-friendly mobile solution”
- 7
- 8CompanyUPSystem MAX
PowerUP Energy Technologies · Supports System
“UPSystem MAX All-in-one Container solution”
Funding1
- 9
LinkedIn · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · ownership, Role
“funding round: Series A, 2025-11-25, EUR 10,000,000, lead: ScaleWolf;The Mercaton Investment Group”
People1
- 10
dealroom.co · Supports Role
“Energy Technologies is a Tallinn hydrogen fuel-cell company founded in 2016 by Ivar Kruusenberg that builds silent, emission-free modular generators for defence, industrial and off-grid use—originally engineered with the European Space Agency and validated in demanding settings including Ukraine.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.