![]() PowerCell Group PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
| ![]() ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. | |
Founding Date | Founding Date 2008 | Founding Date 2000 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Göteborg, SE HQ Frankfurt Am Main, DE | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB |
Employees | Employees 146 | Employees 30814% decrease |
Valuation ($) | Valuation ($) 225.2 m | Valuation ($) 323.5 m |
Financial | ||
Revenue (est.) | Revenue (est.) kr385m (FY, 2025) | Revenue (est.) £26m (FY, 2025) |
Cost of goods | Cost of goods kr183.9m (FY, 2025) | Cost of goods £42.3m (FY, 2025) |
Gross profit | Gross profit kr227.5m (FY, 2025) | Gross profit (£12.9m) (FY, 2025) |
Net income | Net income (kr29.5m) (FY, 2025) | Net income (£45.5m) (FY, 2025) |
Funding | ||
Total funding raised | Total funding raised $ 35.9m | Total funding raised $ 15.2m |

ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
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