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Qnergy Announces $16M Series C Financing

2021-11-17
OGDEN, UT, Qnergy today announced the closing of a $16 million Series C funding round.
Qnergy, the world's leading manufacturer of clean, reliable, electric power based on Stirling engines, today announced the closing of a $16 million Series C funding round led by OGCI Climate Investments ("CI") with participation from Tene Capital ("Tene").

Qnergy provides power solutions that work reliably with a broad range of heat sources including raw natural gas and biogas. Qnergy's Stirling engines are enclosed, frictionless external combustion systems that require no lubrication, oil-change or repair and can deliver tens of thousands of hours of uninterrupted operation. Qnergy leverages it's reliable off-grid power to help customers eliminate methane emissions. This includes driving air compressors that help the natural gas industry eliminate methane emission from pneumatic devices, and using biogas from organic waste to deliver on-site power.
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