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Orcan Energy
Clean electricity from waste heat
- 21-100 employees
- B2B
- Energy
- Sustainability
- Thalkirchen-Obersendling-Forstenried-Fürstenried-Solln, Munich, Germany
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Company mission
To allow companies from all sectors of industry to convert unused waste heat into very affordable, zero-carbon electricity.
Our take
Considering the push for Net Zero globally, it comes as no surprise that the Green Energy sector is experiencing massive growth. Orcan Energy is a frontrunner in this space that was founded at Munich University in 2008 and has since evolved into an energy provider that converts waste heat from power plants and manufacturing industries into electrical energy.
The company has made the savvy move of focusing not on the largest waste heat providers (think nuclear power) but on the many small to medium waste heat generators - covering almost any manufacturing company that uses engines to produce its products. This means Orcan Energy has a huge customer base which includes marine, cement, steel, oil, and gas companies.
With its green credentials and wide appeal, Orcan Energy has found its share of success, for example enjoying a 5x increase in revenue in 2022. Funding awarded across 2022 and 2023 is being converted into accelerating global traction for its product and increasing the reach of the business.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Exciting, professional onboarding
- Participation program
- Hybrid working with a mountain view
- Actively shape the future of energy production and contribute to reducing the CO2 footprint of emissions-intensive industries
- Learning opportunities and personal responsibility
- Positive teams and shared experiences
- Free drinks, coffee and fruit
- Other benefits such as company pension schemes, JobRad or the GuudCard offer you exclusive discounts and advantages with selected partners
Company values
- Driven by an innovative spirit
- Unwavering commitment to making the world a better place in times of climate change
Funding (1 round)
Sep 2022
$28.5m
LATE VC
Total funding: $28.5m
This company has top investors
Leadership
Andreas Sichert
(CEO)Currently Director of the Board at Orcan International Investment Holdings. Previously Member of the Innovation Board at KAEFER Isoliertechnik, and Editorial Assistant for Biological Cybernetics.