Company Overview
Snapshot
Founded in June 2017 by Hezy Ram and Eyal Erlich, M. Energy operated with 1–10 employees and raised $400,000 across one funding round from one investor. The company ceased operations in May 2020.
Business overview
M. Energy was developing a fuel cell technology that utilized dimethyl ether (DME), an inexpensive, widely available, and non-toxic gas that can be produced from biomass. The company's core product was a DME-based fuel cell designed for applications such as onboard range extenders and chargers. M. Energy operated within the Energy Tech sector, focusing on alternative fuels and energy storage, with target markets including automotive, electric vehicles, smart mobility, and unmanned aerial vehicles.
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- What was M. Energy's primary technological focus?
- M. Energy focused on developing fuel cell technology that runs on dimethyl ether (DME), a gas that is inexpensive, widely available, and non-toxic, and can be produced from biomass.
- When was M. Energy founded and by whom?
- M. Energy was founded in June 2017 by co-founders Hezy Ram and Eyal Erlich.
- What was the operational status of M. Energy?
- M. Energy ceased to operate in May 2020.
- What was the total capital raised by M. Energy?
- M. Energy raised a total of $400,000 across one funding round.
- With which company did M. Energy partner to develop its fuel cell technology?
- M. Energy partnered with Ballard to develop a 57KW DME-based fuel cell for use as an onboard range extender and charger.