Ore Energy

Raised $42.4M in a Series A round, announced 4 August 2026.

Round

Ore Energy raised Series A funding to build its first manufacturing facility and scale production of iron-air batteries.

Amount
$42.4M
Stage
Series A
Announced
4 August 2026
Leads
Plural, HV Capital
Other investors
Positron Ventures
Use of funds
Scale up its iron-air batteries, which store renewable energy for up to 100 hours.
Total raised
$61M to date
Checked
Amount and date matched across 2 press sources

Company

Develops iron-air batteries for long-duration renewable energy storage

Based in
Amsterdam, Netherlands
Founded
2023
Sector
Climate & Energy
Website
oreenergy.com ↗

Founders

  • Aytac YilmazCo-founder and CEO
  • Rutil Özdemirco-founder
  • Yaiza Gonzalez Garciaco-founder

Sources and links

Sources
Dutch iron-air battery startup Ore Energy secures $43M from Plural and HV Capital techfundingnews.com
Ore Energy raises €37.3 million to scale iron-air batteries that store renewable power for up to 100 hours | E eu-startups.com
Website
oreenergy.com ↗
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