Sunfire valuation, funding and investors
Sunfire works in hydrogen technology solutions, based in Dresden, Germany. Founded in 2010, it has about 506 employees.
VALUATION · TODAY
$3.67B −30% after Series E
Range $750M – $5.24B · Grade CTODAY
+12 MO
$2.00B
$4.00B
$6.00B
2011
2013
2015
2017
2019
2021
2023
2025
2027
Series C $28.6M
Series D $125M
Growth $215M
Series E $233M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY506 employees
+6%6m growth
+10%1y growth
+30%2y growth
200
400
600
Data from Mar 2024
Predicted in 1 yr $2.58B −30% vs today
Predicted next raise $443M if a round comes
Winding-down probability 1%
- Last round
- Series E · $233M · Mar 2024
- Valuation at last round
- $2.68B · implied
- Headcount
- 506 · flat
- Grade
- C
- Founded
- 2010
Sunfire valuation today
VCMC values Sunfire at $3.7B today, with a range of $750M to $5.2B and a grade of C. The valuation starts from its last funding round, a Series E round in Mar 2024.
Valuation by date (207 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Feb 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Mar 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Apr 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 May 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Jun 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Jul 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Aug 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Sep 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Oct 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Nov 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Dec 2010 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Jan 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Feb 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Mar 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Apr 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 May 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Jun 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Jul 2011 | $3.11M | $1.13M – $8.55M | $3.11M (0%) | before first round | – | unknown | D | 0% |
| 1 Aug 2011 | $3.11M | $1.13M – $8.55M | $3.13M (0%) | before first round | – | unknown | D | 0% |
| 1 Sep 2011 | $3.11M | $1.13M – $8.55M | $3.14M (+1%) | before first round | – | unknown | D | 0% |
| 1 Oct 2011 | $3.11M | $1.13M – $8.55M | $3.15M (+1%) | before first round | – | unknown | D | 0% |
| 1 Nov 2011 | $3.11M | $1.13M – $8.55M | $3.16M (+2%) | before first round | – | unknown | D | 0% |
| 1 Dec 2011 | $3.11M | $1.13M – $8.55M | $3.17M (+2%) | before first round | – | unknown | D | 0% |
| 1 Jan 2012 | $3.11M | $1.13M – $8.55M | $3.19M (+2%) | before first round | – | unknown | D | 0% |
| 1 Feb 2012 | $3.11M | $1.13M – $8.55M | $3.20M (+3%) | before first round | – | unknown | D | 0% |
| 1 Mar 2012 | $3.11M | $1.13M – $8.55M | $3.21M (+3%) | before first round | – | unknown | D | 0% |
| 1 Apr 2012 | $3.11M | $1.13M – $8.55M | $3.22M (+4%) | before first round | – | unknown | D | 0% |
| 1 May 2012 | $3.11M | $1.13M – $8.55M | $3.24M (+4%) | before first round | – | unknown | D | 0% |
| 1 Jun 2012 | $3.11M | $1.13M – $8.55M | $3.25M (+4%) | before first round | – | unknown | D | 0% |
| 1 Jul 2012 | $3.11M | $1.13M – $8.55M | $3.26M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2012 | $3.13M | $1.14M – $8.59M | $3.28M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2012 | $3.14M | $1.14M – $8.62M | $3.29M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2012 | $3.15M | $1.15M – $8.65M | $3.30M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2012 | $3.16M | $1.15M – $8.69M | $3.31M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2012 | $3.17M | $1.16M – $8.72M | $3.33M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2013 | $3.19M | $1.16M – $8.75M | $3.34M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2013 | $3.20M | $1.16M – $8.79M | $3.35M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2013 | $3.21M | $1.17M – $8.82M | $3.37M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2013 | $3.22M | $1.17M – $8.86M | $3.38M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2013 | $3.24M | $1.18M – $8.89M | $3.39M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2013 | $3.25M | $1.18M – $8.93M | $3.41M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2013 | $3.26M | $1.19M – $8.96M | $3.42M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2013 | $3.28M | $1.19M – $9.00M | $3.43M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2013 | $3.29M | $1.20M – $9.03M | $3.45M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2013 | $3.30M | $1.20M – $9.07M | $3.46M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2013 | $3.31M | $1.21M – $9.10M | $3.47M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2013 | $3.33M | $1.21M – $9.14M | $3.49M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2014 | $3.34M | $1.22M – $9.17M | $3.50M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2014 | $3.35M | $1.22M – $9.21M | $3.51M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2014 | $3.37M | $1.23M – $9.24M | $3.53M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2014 | $3.38M | $1.23M – $9.28M | $3.54M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2014 | $3.39M | $1.23M – $9.32M | $3.55M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2014 | $3.41M | $1.24M – $9.35M | $3.57M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2014 | $3.42M | $1.24M – $9.39M | $3.58M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2014 | $3.43M | $1.25M – $9.43M | $3.60M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2014 | $3.45M | $1.25M – $9.47M | $3.61M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2014 | $3.46M | $1.26M – $9.50M | $3.62M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2014 | $3.47M | $1.26M – $9.54M | $3.64M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2014 | $3.49M | $1.27M – $9.58M | $3.65M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2015 | $3.50M | $1.27M – $9.61M | $3.67M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2015 | $3.51M | $1.28M – $9.65M | $3.68M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2015 | $3.53M | $1.28M – $9.69M | $3.70M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2015 | $3.54M | $1.29M – $9.73M | $3.71M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2015 | $3.55M | $1.29M – $9.76M | $3.72M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2015 | $3.57M | $1.30M – $9.80M | $3.74M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2015 | $3.58M | $1.30M – $9.84M | $3.75M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2015 | $3.60M | $1.31M – $9.88M | $3.85M (+7%) | before first round | – | unknown | D | 0% |
| 1 Sep 2015 | $3.61M | $1.31M – $9.92M | $3.96M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2015 | $3.62M | $1.32M – $9.96M | $4.06M (+12%) | before first round | – | unknown | D | 0% |
| 1 Nov 2015 | $3.64M | $1.32M – $10.0M | $4.17M (+15%) | before first round | – | unknown | D | 0% |
| 1 Dec 2015 | $3.65M | $1.33M – $10.0M | $4.28M (+17%) | before first round | – | unknown | D | 0% |
| 1 Jan 2016 | $3.67M | $1.34M – $10.1M | $4.40M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $3.68M | $1.34M – $10.1M | $4.52M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $3.70M | $1.35M – $10.2M | $4.63M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $3.71M | $1.35M – $10.2M | $4.76M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $3.73M | $1.36M – $10.2M | $4.88M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $3.74M | $1.36M – $10.3M | $5.01M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $3.75M | $1.37M – $10.3M | $5.15M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $3.85M | $1.40M – $10.6M | $5.28M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $3.96M | $1.44M – $10.9M | $5.43M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $4.06M | $1.48M – $11.2M | $5.57M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $4.17M | $1.52M – $11.5M | $5.72M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $4.28M | $1.56M – $11.8M | $5.87M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $4.40M | $1.60M – $12.1M | $6.03M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $4.52M | $1.64M – $12.4M | $6.19M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $4.63M | $1.68M – $12.7M | $6.34M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $4.75M | $1.73M – $13.1M | $6.52M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $4.88M | $1.78M – $13.4M | $6.69M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $5.01M | $1.82M – $13.8M | $6.87M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $5.14M | $1.87M – $14.1M | $7.05M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $5.28M | $1.92M – $14.5M | $7.24M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $5.42M | $1.97M – $14.9M | $7.44M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $5.57M | $2.03M – $15.3M | $7.63M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $5.72M | $2.08M – $15.7M | $7.84M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $5.87M | $2.14M – $16.1M | $8.04M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $6.03M | $2.19M – $16.6M | $8.26M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $6.19M | $2.25M – $17.0M | $8.49M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $6.34M | $2.31M – $17.4M | $8.70M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $6.52M | $2.37M – $17.9M | $8.93M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $6.69M | $2.43M – $18.4M | $9.17M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $6.87M | $2.50M – $18.9M | $9.42M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $7.05M | $2.57M – $19.4M | $9.66M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $7.24M | $2.64M – $19.9M | $9.76M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $7.44M | $2.71M – $20.4M | $9.85M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $7.63M | $2.78M – $21.0M | $9.94M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $7.84M | $2.85M – $21.5M | $10.0M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $8.04M | $2.93M – $22.1M | $10.1M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $8.26M | $3.01M – $22.7M | $10.2M (+24%) | before first round | – | unknown | D | 0% |
| 9 Jan 2019 | $239M | $157M – $472M | $310M (+30%) | after a round | – | unknown | B | 0% |
| 1 Feb 2019 | $243M | $157M – $472M | $310M (+28%) | after a round | – | unknown | B | 0% |
| 1 Mar 2019 | $248M | $157M – $472M | $310M (+25%) | after a round | – | unknown | B | 0% |
| 1 Apr 2019 | $253M | $157M – $472M | $310M (+22%) | after a round | – | unknown | B | 0% |
| 1 May 2019 | $259M | $157M – $472M | $310M (+20%) | after a round | – | unknown | B | 0% |
| 1 Jun 2019 | $265M | $157M – $472M | $310M (+17%) | after a round | – | unknown | B | 0% |
| 1 Jul 2019 | $270M | $157M – $472M | $310M (+15%) | after a round | – | unknown | B | 0% |
| 1 Aug 2019 | $276M | $157M – $472M | $310M (+12%) | after a round | – | unknown | B | 0% |
| 1 Sep 2019 | $283M | $157M – $472M | $310M (+10%) | after a round | – | unknown | B | 0% |
| 1 Oct 2019 | $289M | $157M – $472M | $310M (+7%) | after a round | – | unknown | B | 0% |
| 1 Nov 2019 | $295M | $157M – $472M | $310M (+5%) | after a round | – | unknown | B | 0% |
| 1 Dec 2019 | $302M | $157M – $472M | $310M (+3%) | after a round | – | unknown | B | 0% |
| 1 Jan 2020 | $309M | $157M – $472M | $310M (+1%) | after a round | – | unknown | B | 0% |
| 1 Feb 2020 | $310M | $151M – $472M | $310M (0%) | after a round | – | unknown | B | 0% |
| 1 Mar 2020 | $310M | $145M – $472M | $310M (0%) | after a round | – | unknown | B | 0% |
| 1 Apr 2020 | $310M | $138M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2020 | $310M | $132M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2020 | $310M | $126M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2020 | $310M | $121M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2020 | $310M | $115M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2020 | $310M | $110M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2020 | $310M | $105M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2020 | $310M | $100M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2020 | $310M | $96.0M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2021 | $310M | $91.6M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2021 | $310M | $82.6M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2021 | $310M | $78.9M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2021 | $310M | $75.0M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2021 | $310M | $71.4M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2021 | $310M | $67.9M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2021 | $310M | $64.6M – $472M | $310M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2021 | $310M | $61.4M – $472M | $310M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2021 | $310M | $58.3M – $472M | $310M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2021 | $310M | $55.5M – $472M | $310M (0%) | after a round | – | unknown | D | 0% |
| 19 Oct 2021 | $1.4B | $954M – $2.5B | $1.8B (+30%) | after a round | – | unknown | B | 0% |
| 1 Nov 2021 | $1.4B | $954M – $2.5B | $1.8B (+29%) | after a round | – | unknown | B | 0% |
| 1 Dec 2021 | $1.4B | $954M – $2.5B | $1.8B (+26%) | after a round | – | unknown | B | 0% |
| 1 Jan 2022 | $1.4B | $954M – $2.5B | $1.8B (+23%) | after a round | – | unknown | B | 0% |
| 1 Feb 2022 | $1.5B | $954M – $2.5B | $1.8B (+20%) | after a round | – | unknown | B | 0% |
| 1 Mar 2022 | $1.5B | $954M – $2.5B | $1.8B (+18%) | after a round | – | unknown | B | 0% |
| 1 Apr 2022 | $1.5B | $954M – $2.5B | $1.8B (+15%) | after a round | – | unknown | B | 0% |
| 1 May 2022 | $1.6B | $954M – $2.5B | $1.8B (+13%) | after a round | – | unknown | B | 0% |
| 14 May 2022 | $1.9B | $1.4B – $3.0B | $2.1B (+10%) | after a round | – | unknown | B | 0% |
| 1 Jun 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+9%) | after a round | – | unknown | B | 0% |
| 1 Jul 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+9%) | after a round | – | unknown | B | 0% |
| 1 Aug 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+8%) | after a round | – | unknown | B | 0% |
| 1 Sep 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+7%) | after a round | – | unknown | B | 0% |
| 1 Oct 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+6%) | after a round | – | unknown | B | 0% |
| 1 Nov 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+5%) | after a round | – | unknown | B | 0% |
| 1 Dec 2022 | $2.0B | $1.4B – $3.0B | $2.1B (+4%) | after a round | – | unknown | B | 0% |
| 1 Jan 2023 | $2.1B | $1.4B – $3.0B | $2.1B (+4%) | after a round | – | unknown | B | 0% |
| 1 Feb 2023 | $2.1B | $1.4B – $3.0B | $2.1B (+3%) | after a round | – | unknown | B | 0% |
| 1 Mar 2023 | $2.1B | $1.4B – $3.0B | $2.1B (+2%) | after a round | – | unknown | B | 0% |
| 1 Apr 2023 | $2.1B | $1.4B – $3.0B | $2.1B (+1%) | after a round | – | unknown | B | 0% |
| 1 May 2023 | $2.1B | $1.4B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Jun 2023 | $2.1B | $1.3B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Jul 2023 | $2.1B | $1.3B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Aug 2023 | $2.1B | $1.2B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Sep 2023 | $2.1B | $1.1B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Oct 2023 | $2.1B | $1.1B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Nov 2023 | $2.1B | $1.0B – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Dec 2023 | $2.1B | $982M – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Jan 2024 | $2.1B | $933M – $3.0B | $2.1B (0%) | after a round | – | unknown | B | 0% |
| 1 Feb 2024 | $2.1B | $887M – $3.0B | $2.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2024 | $2.1B | $846M – $3.0B | $2.1B (0%) | after a round | 390 | unknown | C | 0% |
| 6 Mar 2024 | $2.7B | $1.9B – $5.0B | $3.5B (+30%) | after a round | 390 | unknown | B | 0% |
| 1 Apr 2024 | $2.7B | $1.9B – $5.0B | $3.5B (+28%) | after a round | 390 | unknown | B | 0% |
| 1 May 2024 | $2.8B | $1.9B – $5.0B | $3.5B (+25%) | after a round | 390 | unknown | B | 0% |
| 1 Jun 2024 | $2.9B | $1.9B – $5.0B | $3.5B (+22%) | after a round | 390 | unknown | B | 0% |
| 1 Jul 2024 | $2.9B | $1.9B – $5.0B | $3.5B (+19%) | after a round | 390 | unknown | B | 0% |
| 1 Aug 2024 | $3.0B | $1.9B – $5.0B | $3.5B (+17%) | after a round | 390 | unknown | B | 0% |
| 1 Sep 2024 | $3.1B | $1.9B – $5.0B | $3.5B (+14%) | after a round | 390 | unknown | B | 0% |
| 1 Oct 2024 | $3.1B | $1.9B – $5.0B | $3.5B (+12%) | after a round | 390 | unknown | B | 0% |
| 1 Nov 2024 | $3.2B | $1.9B – $5.0B | $3.5B (+9%) | after a round | 390 | unknown | B | 0% |
| 1 Dec 2024 | $3.3B | $1.9B – $5.0B | $3.5B (+7%) | after a round | 390 | unknown | B | 0% |
| 1 Jan 2025 | $3.3B | $1.9B – $5.0B | $3.5B (+5%) | after a round | 390 | unknown | B | 0% |
| 1 Feb 2025 | $3.4B | $1.9B – $5.0B | $3.5B (+2%) | after a round | 390 | unknown | B | 0% |
| 1 Mar 2025 | $3.5B | $1.9B – $5.0B | $3.5B (0%) | after a round | 390 | unknown | B | 0% |
| 1 Apr 2025 | $3.5B | $1.8B – $5.0B | $3.5B (0%) | after a round | 390 | unknown | B | 0% |
| 1 May 2025 | $3.5B | $1.7B – $5.0B | $3.5B (0%) | after a round | 390 | unknown | B | 0% |
| 1 Jun 2025 | $3.5B | $1.7B – $5.0B | $3.5B (0%) | after a round | 390 | unknown | B | 0% |
| 1 Jul 2025 | $3.6B | $1.9B – $5.1B | $3.6B (0%) | after a round | 462 | up | B | 0% |
| 1 Aug 2025 | $3.6B | $1.9B – $5.1B | $3.6B (0%) | after a round | 460 | up | B | 0% |
| 1 Sep 2025 | $3.6B | $1.8B – $5.1B | $3.6B (0%) | after a round | 460 | up | B | 0% |
| 1 Oct 2025 | $3.6B | $1.4B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Nov 2025 | $3.6B | $1.4B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Dec 2025 | $3.6B | $1.3B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Jan 2026 | $3.6B | $1.2B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Feb 2026 | $3.6B | $1.2B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Mar 2026 | $3.6B | $1.1B – $5.1B | $3.6B (0%) | after a round | 461 | flat | C | 1% |
| 1 Apr 2026 | $3.6B | $1.0B – $5.2B | $3.6B (-1%) | after a round | 478 | flat | C | 1% |
| 1 May 2026 | $3.6B | $989M – $5.2B | $3.6B (-2%) | after a round | 478 | flat | C | 1% |
| 1 Jun 2026 | $3.6B | $940M – $5.2B | $3.5B (-2%) | after a round | 478 | flat | C | 1% |
| 1 Jul 2026 | $3.6B | $895M – $5.2B | $3.5B (-3%) | after a round | 478 | flat | C | 1% |
| 1 Aug 2026 | $3.6B | $851M – $5.2B | $3.5B (-4%) | after a round | 478 | flat | C | 1% |
| 1 Sep 2026 | $3.6B | $808M – $5.2B | $3.5B (-4%) | after a round | 478 | flat | C | 1% |
| 1 Oct 2026 | $3.7B | $779M – $5.2B | $3.5B (-4%) | after a round | 506 | flat | C | 1% |
| 24 Oct 2026 | $3.7B | $750M – $5.2B | $2.6B (-30%) | after a round | 506 | flat | C | 1% |
Key facts about Sunfire
- Founded
- 2010
- Headquarters
- Dresden, Germany
- Employees
- about 506 +10% in a year
- Total raised
- $602M
- Funding rounds
- 4
- Last round
- Series E Mar 2024
Sunfire was founded in 2010 by Carl Berninghausen, Christian von Olshausen and Nils Aldag.
Sunfire funding history
Sunfire has 4 funding rounds on record, from Jan 2019 to Mar 2024, $602M in total. None disclosed a valuation.
Series E 5 Mar 2024
Led by GIC; with LGT Private Banking, Ahren Innovation Capital, Carbon Equity, Lightrock, Planet First Partners, Carbon Direct Capital, Amazon Climate Pledge Fund, Blue Earth Capital.
Sources: techfundingnews.com, sunfire.de, sunfire.de and 6 more
$233M
Growth Equity 13 May 2022
With Copenhagen Infrastructure Partners, Blue Earth Capital, Carbon Direct Capital.
Sources: lightrock.com, sunfire.de, iotm2mcouncil.org
$215M
Series D 18 Oct 2021
Led by Lightrock, Planet First Partners; with Carbon Direct Capital, HydrogenOne Capital.
Sources: milbank.com, sunfire.de
$125M
Series C 8 Jan 2019
Led by Paul Wurth S.A.; with Inven Capital, Idinvest Partners, Total Energy Ventures, Sunfire Entrepreneurs Club.
Sources: finsmes.com
$29M
Sunfire investors
16 investors have backed Sunfire; Lightrock, Planet First Partners and GIC and 1 more led at least one round.
- Lightrock lead, 2 rounds
- GIC lead
- Paul Wurth S.A. lead
- Amazon Climate Pledge Fund
- HydrogenOne Capital
- Idinvest Partners
- LGT Private Banking
- Sunfire Entrepreneurs Club
- Total Energy Ventures
What Sunfire does
Sunfire works in industrial machinery & supplies, with 13 recorded offerings and customers in renewable energy and industrial.
Sunfire SE is a German company engaged in hydrogen technology, with a focus on electrolysis solutions for industrial-scale hydrogen production. The company develops and manufactures electrolyzers, including solid oxide electrolysis cell (SOEC) and alkaline electrolysis systems, and provides services such as data-driven monitoring and preventive maintenance for electrolyzer solutions. Sunfire also operates as a manufacturer of synthetic fuels and green hydrogen technology, and is involved in research and development of power-to-liquids plants. The company serves industrial clients and operates manufacturing sites in Germany and Switzerland, supported by a local supplier network and production partnerships.
Description from Veridion's company data.
Products and services
- Hydrogen Technology Solutions
- Electrolysis Equipment Manufacturing
- Solid Oxide Electrolysis Cell Manufacturing
- Alkaline Electrolysis Cell Manufacturing
- Green Hydrogen Production Solutions
- Synthetic Fuel Production Solutions
- Power-to-Liquids Plant Development
- Industrial-Scale Electrolysis Project Delivery
- Electrolyzer Data Monitoring Services
- Electrolyzer Preventive Maintenance Services
- Customized Electrolyzer Services
- Hydrogen Technology Research and Development
- Sustainable Energy Solutions Consulting
Markets
- Renewable Energy
- Industrial
Technology
- Reversible Electrolysis Technology
- Solid Oxide Electrolysis Cell (SOEC)
- Alkaline Electrolysis
Supply chain
- Sustainable Sourcing
- Supplier Collaboration
- Global Sourcing
Business model
- Business-to-Business
- Service Provider
- Manufacturing
- Enterprise
Industry codes (NAICS)
- 333248 All Other Industrial Machinery Manufacturing 70% match
- 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance 30% match
Questions about Sunfire
What is Sunfire worth?
Valuation $3.7B (range $750M to $5.2B), as of 24 Oct 2026.
Has Sunfire raised money?
Sunfire has 4 funding rounds on record, from Jan 2019 to Mar 2024, $602M in total. None disclosed a valuation.
Who has invested in Sunfire?
Lightrock, Planet First Partners, GIC, Paul Wurth S.A., Carbon Direct Capital and Blue Earth Capital, and 10 more. Lead investors include Lightrock, Planet First Partners, GIC and Paul Wurth S.A..
How many people work at Sunfire?
About 506, up 10% over the last year. Headcount grew from 390 in Mar 2024 to 506 in Sep 2026.
What does Sunfire do?
Sunfire works in industrial machinery & supplies, with 13 recorded offerings and customers in renewable energy and industrial. Its main offerings are hydrogen technology solutions, electrolysis equipment manufacturing and solid oxide electrolysis cell manufacturing.
When was Sunfire founded, and where is it based?
Sunfire was founded in 2010 and is based in Dresden, Germany. It has about 506 employees, up 10% over the last year.