Ekona Power Inc.

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.

Ekona Power Inc. - overview

Established

2017

Location

Burnaby, BC, Canada

Primary Industry

Renewable Energy

About

Founded in 2017 and based in Vancouver, Canada, Ekona Power Inc. produces clean hydrogen through advanced technology to reduce carbon emissions. In December 2024, Ekona Power Inc. raised USD 1 million in venture funding from returning investors Natural Resources Canada and Alberta Innovates.


  Ekona's primary product is clean hydrogen, produced through a methane pyrolysis process using the xCaliber reactor. The reactor splits natural gas into clean hydrogen and solid carbon without relying on carbon capture and storage (CCS) infrastructure, clean electricity, or water feedstock. The resulting hydrogen is suitable for large-scale industrial applications, such as agriculture, mining, energy, petrochemicals, and construction.   The company plans to utilize December 2024 to improve its technology and carry out a Front-End Engineering Design (FEED) study for a commercial clean hydrogen generation plant in Alberta.


Current Investors

Breakthrough Energy Ventures, BDC Capital, National Research Council of Canada Industrial Research Assistance

Primary Industry

Renewable Energy

Sub Industries

Oil & Gas Equipment and Services, Hydro Power

Website

www.ekonapower.com/

Verticals

Clean Technology

Company Stage

Series A

Total Amount Raised

Subscriber access only

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.