2C Ventures leads €1M pre-seed round to GaltTec
GaltTec, an Estonian deep-tech startup developing micro-tubular solid oxide fuel cells (mSOFCs) for portable and off-grid energy solutions, has successfully closed its pre-seed funding round, raising a total of €1 million from private investors and grants. The investment will accelerate the company's mission to provide lightweight, long-lasting power solutions for drones and IoT devices, reducing reliance on conventional batteries.
"This investment allows us to accelerate the development of our next-generation fuel cell technology, bringing us closer to delivering lightweight, high-efficiency power solutions for drones and off-grid devices," said Glen Kelp, CEO and Co-Founder of GaltTec.
GaltTec already partners with leading drone manufacturers, including Skycorp Technologies, a European pioneer in hydrogen-powered drones, showcasing the real-world potential of its technology.
"GaltTec’s fuel cell technology has the potential to redefine how we power drones and IoT devices, offering a sustainable alternative to traditional batteries and fossil fuels," said Martin Koppel, Partner at 2C Ventures. "We believe their innovation is a game-changer for cleantech and energy resilience, and we’re excited to support their journey as they scale and expand into global markets."
For more information, visit: https://galttec.com/news-events/