Ekona Power

Ekona Power

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Creating a new solution to producing industrial scale hydrogen that is both low-cost and clean by converting natural gas into hydrogen, clean power, and pure CO2 that can be easily stored or used. Learn more
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DateInvestorsAmountRound
-N/A-
N/ASeed
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CAD2.8mSeed
N/A$380kGrant
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$3.0mConvertible
N/AEarly VC
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CAD79.0mEarly VC
Total Funding$63.3m

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Ekona Power is a pioneering startup that is revolutionizing the energy sector by decarbonizing hydrogen production. The company's primary focus is on serving heavy industries and the energy sector, which are traditionally high carbon-emitting industries. Ekona operates in the clean energy market, specifically in the hydrogen production segment.

The company's business model is centered around its proprietary xCaliber reactor, which can be deployed wherever there is natural gas infrastructure. This reactor uses a process called methane pyrolysis, which splits natural gas into clean hydrogen and solid carbon. This process is unique as it requires no water for hydrogen production, uses minimal electricity, and doesn't rely on CO2 sequestration infrastructure to make it clean.

Ekona's solution is not only environmentally friendly but also cost-effective. It produces 90% fewer greenhouse gas (GHG) emissions than traditional steam methane reformers and is cheaper than blue hydrogen solutions. The company's solution is also scalable and can be easily integrated into existing systems, making it suitable for large-scale, industrial applications.

Ekona generates revenue by selling its clean hydrogen production solution to heavy industries and the energy sector. The company's solution helps these industries meet their net-zero targets while also reducing their operational costs.

In summary, Ekona Power is a clean energy startup that is helping industries decarbonize their operations by providing a cost-effective and scalable solution for clean hydrogen production.

Keywords: Clean Energy, Hydrogen Production, Decarbonization, Heavy Industry, Energy Sector, Methane Pyrolysis, xCaliber Reactor, Greenhouse Gas Reduction, Net-Zero Targets, Cost-Effective Solution.

Tech stack

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