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Ceres

Energy · Horsham, United Kingdom · Founded 2001 · IPO 2004

World leading developer of low cost, next generation fuel cell technology that creates a real world energy solution MoreLess

Ceres Power is a pioneering technology company specializing in electrochemical solutions that facilitate the transition to a zero-carbon future. The company operates in the clean energy sector, providing advanced fuel cell technology to a diverse range of clients, including automotive manufacturers, energy providers, and industrial companies. Ceres Power's core product is its SteelCell® technology, a fuel cell that converts chemical energy into electrical energy with high efficiency and low emissions. This technology is designed to be scalable and adaptable, making it suitable for various applications from small-scale residential power generation to large-scale industrial energy solutions.

The company primarily generates revenue through licensing its technology to global partners, who then manufacture and deploy the fuel cells in their products. Additionally, Ceres Power engages in joint ventures and strategic partnerships to co-develop new applications and expand its market reach. The business model focuses on long-term, recurring revenue streams from licensing fees, royalties, and joint development agreements.

Ceres Power serves clients across multiple industries, including automotive, stationary power, and portable power markets. The company is well-positioned in the growing clean energy market, driven by increasing regulatory pressures and societal demand for sustainable energy solutions.

Keywords: electrochemical technology, clean energy, fuel cells, SteelCell®, zero-carbon, licensing, automotive, industrial, scalable solutions, sustainable energy.

Valuation $876M
Revenue $79M
EBITDA $1.0M
Total funding $10–50M

Talent graph

Ceres's talent

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Employees mapped 444 incl. 3 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 17 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on Ceres's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
Advanced Propulsion Centre UK
Series B+ 4 investors entered at this stage
Parkwalk Advisors
Berenberg
Investec
M&G

Global footprint

Where Ceres has talent and traffic

Workforce by country
16 countries with
team presence
🇬🇧 United Kingdom93.2%
🇩🇪 Germany0.9%
🇺🇸 United States0.9%
🇨🇳 China0.6%
🇯🇵 Japan0.6%
Top 5 of 16 shown

Patent intelligence

$123M patent portfolio · 132 active families

Estimated portfolio value
$123M
14.0% of market cap · smaller than top peer Sungrow Power Supply ($370M)
132 active patent families
Where Ceres innovates Battery cellElectrical and Electronics engineeringElectrical batteryElectrochemical cellFuel cells

Where Ceres concentrates vs peers

Each axis is a top-10 topic across Ceres and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Ceres

An AI-synthesized read of the highest-engagement posts about Ceres on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Ceres on the full Dealroom platform

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