Stiesdal - About the company
Stiesdal is a series C company based in Odense (Denmark), founded in 2016 by Henrik Stiesdal. It operates as a Developer of offshore foundations, green hydrogen plants, and carbon capture systems. Stiesdal has raised $121M in funding from Andel, with a current valuation of $*****. The company has 639 active competitors, including 130 funded and 36 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Hygenco.
Company Details
Developer of offshore foundations, green hydrogen plants, and carbon capture systems. The company develops industrialized floating offshore foundations. It also develops green hydrogen plants for Power-to-X applications. Furthermore, the company develops systems for green fuel production combined with carbon capture and storage.
- Website
- www.stiesdal.com/
- Registered Address
- 270, Vejlevej, Give, 7323
Key Metrics
Founded Year
2016
Location
Odense, Denmark
Stage
Series C
Total Funding
$121M in 4 rounds
Latest Funding Round
Ranked
33rd among 639 active competitors
Employee Count
120 as on Aug 31, 2026
Legal entities associated with Stiesdal
Stiesdal is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Stiesdal Hydrogen A/s CIN: 41828692 , Denmark, Active | Oct 31, 2020 | - | - | |
Stiesdal Offshore A/s CIN: 38585118 , Denmark, Active | Apr 18, 2017 | - | 37 (As on Aug 31, 2024) | |
Stiesdal A/s CIN: 37655708 , Denmark, Active | - | 89 (As on Dec 31, 2022) |
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Stiesdal's funding and investors
Stiesdal has raised a total funding of $121M over 4 rounds. Its first funding round was on Sep 21, 2018. Stiesdal has 3 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Stiesdal:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 21, 2023 | 1161725 | Series C | 4562110 | 8071477 | 3110528 | 7726567 |
Apr 20, 2021 | 1298817 | Series C | 6869670 | 1333527 | 4940653 | 9005593 |
Apr 28, 2020 | 9971838 | Series B | 6361752 | 5958418 | 3936004 | 2916233 |
View details of Stiesdal's funding rounds and investors
Stiesdal's founders and board of directors
Founder? Claim ProfileThe founders of Stiesdal is Henrik Stiesdal. Jacob Norgaard Andersen is the CEO of Stiesdal.
Here are the details of Stiesdal's key team members:
- Henrik Stiesdal: Founder & CTO of Stiesdal.
- Jacob Norgaard Andersen: CEO of Stiesdal.
View details of Stiesdal's Founder profiles and Board Members
Stiesdal's employee count trend
Stiesdal has 120 employees as of Aug 26. Here is Stiesdal's employee count trend over the years:
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Stiesdal's Competitors and alternates
Top competitors of Stiesdal include Lhyfe, Nel Hydrogen and Hygenco. Here is the list of Top 10 competitors of Stiesdal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of renewable hydrogen produced through water electrolysis and electricity | $96.9M | 71/100 | ||
2nd | Nel Hydrogen 1927, Oslo (Norway), Acquired | Manufacturer of electrolyser technology for renewable hydrogen production and related services | - | 70/100 | |
3rd | Provider of green hydrogen and green ammonia production and distribution solutions | $130M | 66/100 | ||
4th | Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems | $487M | 66/100 | ||
5th | H3 Dynamics 2015, Singapore (Singapore), Series B | Provides aerial inspection services using drones | $39M | 64/100 | |
6th | Developer of technology for producing hydrogen from water | $180M | 64/100 | ||
7th | Provider of solar EPC and green hydrogen solutions | $9.09M | 64/100 | ||
8th | Monolith 2012, Lincoln (United States), Series D | Manufacturer of carbon black and hydrogen products for various industrial uses | $593M | 64/100 | |
9th | Electric Hydrogen 2020, San Carlos (United States), Series C | Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions | $603M | 64/100 | |
10th | Air Products 1940, Allentown (United States), Public | Manufacturer of industrial gases and chemicals | - | 63/100 | |
33rd | Developer of offshore foundations, green hydrogen plants, and carbon capture systems | $121M | 57/100 |
Looking for more details on Stiesdal's competitors? Click here to see the top ones
Stiesdal's Investments and acquisitions
Stiesdal has made no investments or acquisitions yet.
Reports related to Stiesdal
Here is the latest report on Stiesdal's sector:
News related to Stiesdal
Media has covered Stiesdal for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Michael Hannibal Appointed Chief Commercial Officer at Stiesdal OffshoreWindtech-International•Apr 07, 2025•Stiesdal
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Copenhagen Infrastructure Partners acquires minority stake in Stiesdal OffshoreWindtech-International•Oct 23, 2024•CIP, Stiesdal
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Stiesdal Hydrogen and Danfoss Sign Commercial Agreement on Hydrogen Electrolyzer ProductionFuelcellsworks•Apr 03, 2024•Stiesdal, Danfoss
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CIP selects Stiesdal tech to float Scottish windEnergyWatch•Oct 11, 2022•Stiesdal, CIP, Pentland Floating Offshore Wind Farm
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