Bloom Energy Corporation
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Bloom Energy Corporation - overview
Established
2001
Location
San Jose, CA, US
Primary Industry
Power & Utilities
About
Bloom Energy Corporation provides advanced onsite power generation solutions, specializing in converting various fuels into electricity without combustion, catering to sectors demanding reliable and scalable energy sources. Bloom Energy Corporation, founded in 2001 in San Jose, US, specializes in clean energy solutions. The company was co-founded by Eric Engebretsen, Jim McElroy, John Pearce, Julie Estey, Miriam Frankel, Stephanie Akoumany, and Tamir Abo-el-Nour. In December 2025, Bloom Energy Corporation raised an undisclosed amount of PIPE funding from Situational Awareness.
The company's operational focus has remained steadfast on innovative power generation technologies, and it currently has 17 deals under its belt. Bloom Energy primarily offers onsite power generation solutions through its flagship product, the Bloom Energy Server®, which converts fuels such as natural gas, biogas, and hydrogen into electricity without combustion. This technology caters to end users requiring reliable and scalable power, particularly in sectors like data centers, manufacturing, healthcare, and utilities. The systems can be installed in as little as three months, providing grid-connected primary power for predictable energy costs.
Bloom Energy's solutions are deployed across North America, Europe, and parts of Asia, addressing the energy needs of various clients focused on sustainability and efficiency. In the most recent fiscal year of 2024, Bloom Energy reported revenue of USD 1,473. 86 mn and an EBITDA of USD 434. 79 mn.
The company's revenue generation primarily relies on the sale and deployment of its Energy Servers, typically through B2B transactions, allowing for tailored installations that meet specific energy demands. Bloom Energy aims to leverage its recent IPO funding of USD 270 mn to accelerate product development and expand its market presence. The company is actively designing new products to enhance its energy solutions, targeting growth in emerging markets across Europe and Asia by 2025. Recent funding will support these initiatives, enabling the company to broaden its reach and integrate innovative technologies that align with global energy demands.
Current Investors
Alumni Ventures Group, Manhattan Venture Partners, Asian Cowboy
Primary Industry
Power & Utilities
Sub Industries
Power Plant, Electric Utilities, Power Generation Equipment & Services
Website
www.bloomenergy.com/
Verticals
Clean Technology, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Bloom Energy Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Bloom Energy Corporation | - | ||||||||
| PIPE | Completed | Bloom Energy Corporation | - | ||||||||
| PIPE | Completed | Bloom Energy Corporation | - | ||||||||
| PIPE | Completed | Bloom Energy Corporation | - |
Displaying 1 - 4 of 4

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.