
MyFC
Scalable micro fuel cells for electric applications.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | SEK50.0m | Acquisition | |
Total Funding | 000k |





EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 7 % | (8 %) | 74 % | - | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (8961 %) | (5360 %) | (11538 %) | (9764 %) | - | - | (1247 %) |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (11913 %) | (7950 %) | (17179 %) | (12855 %) | - | - | (1636 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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myFC is a Swedish technology company that develops and provides micro fuel cell solutions designed to be integrated with batteries, extending usage and reducing the carbon footprint of various electric applications. Founded in 2005 as a spin-off from the KTH Royal Institute of Technology in Stockholm, the company initially focused on consumer electronics, launching portable chargers like PowerTrekk and JAQ Hybrid, which used a patented fuel of salt and water to generate power.
Over time, myFC has transitioned from a consumer-facing model to a B2B technology supplier. The company's core technology, LAMINA™, is a thin, modular, and scalable proton-exchange membrane (PEM) fuel cell that can be adapted for different needs. The business model is centered on providing hybrid technology solutions to original equipment manufacturers (OEMs) in sectors such as intralogistics and automotive. For instance, the technology is aimed at automated guided vehicles (AGVs) and warehouse robots, where combining fuel cells with batteries can increase operational uptime to 99.5%, reduce the required number of robots, and enhance performance in cold environments.
The company's offerings have included the LAMINA REX for automotive range extension and the LAMINA MAX, an ultra-thin (under 0.8 mm) fuel cell for potential smartphone integration. myFC Holding AB was listed on the NASDAQ First North Growth Market in 2014 and holds an extensive patent portfolio with over 100 granted and pending patents across approximately 24 patent families.
Keywords: micro fuel cells, hydrogen power, hybrid technology, battery-fuel cell hybrid, green energy solutions, portable power, intralogistics, automated guided vehicles, AGV power, electric vehicle components, PEM fuel cells, range extenders, sustainable energy, off-grid power, LAMINA technology, power modules, materials handling equipment, mobile charging, clean technology, energy solutions