Fuelium
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | 1.0m | <1m | <1m | <1m |
% growth | - | 2373 % | (3 %) | 145 % | (70 %) | 46 % | 8 % |
EBITDA | <1m | <1m | <1m | <1m | <1m | <1m | - |
% EBITDA margin | 117 % | 84 % | 134 % | 90 % | 61 % | 56 % | - |
Profit | <1m | <1m | <1m | <1m | <1m | <1m | - |
% profit margin | - | 31 % | 69 % | 49 % | 45 % | 40 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
N/A | Spinout | ||
€50.0k | Grant | ||
Total Funding | €50.0k |
Recent News about Fuelium
EditFuelium.tech is a pioneering startup that specializes in the development and commercialization of eco-friendly, paper-based batteries. These innovative batteries are designed to be a sustainable alternative to traditional non-rechargeable batteries, offering a unique solution that minimizes environmental impact. Fuelium's batteries are made from non-toxic, safe, and abundant materials, making them an ideal choice for applications where sustainability is a priority.
Fuelium serves a diverse range of clients across multiple sectors. Their primary markets include in vitro diagnostics, where their batteries power point-of-care rapid tests; the Internet of Things (IoT), where they are used in smart sensors for environmental monitoring and smart packaging; and electronic skin patches, which are used in wearables and cosmetic facial masks. The company is also open to exploring new sectors and encourages potential clients to challenge them with unique energy needs.
The business model of Fuelium revolves around the customization and sale of their paper-based batteries. Unlike standard batteries, Fuelium's products can be tailored in terms of materials, dimensions, and recyclability processes to meet the specific requirements of the device they power. This adaptability ensures that the energy output is precisely matched to the application's needs, enhancing efficiency and reducing waste.
Fuelium generates revenue through the sale of these customized batteries to businesses in the aforementioned sectors. By offering a sustainable and adaptable power source, they provide significant value to companies looking to reduce their environmental footprint while maintaining high performance in their devices.
In summary, Fuelium.tech is at the forefront of sustainable energy solutions, providing eco-friendly, paper-based batteries that are customizable and efficient. Their innovative approach serves a wide range of applications, from medical diagnostics to smart sensors and wearable technology.
Keywords: eco-friendly, paper-based batteries, sustainable, in vitro diagnostics, IoT, smart sensors, electronic skin patches, wearables, environmental monitoring, customizable.