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Home GREEN

Estonian deeptech startup secures €1M for fuel cell development in drones and IoT

Arctic Startupby Arctic Startup
March 4, 2025
Reading Time: 5 mins read
in GREEN, SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Tartu-based deeptech startup GaltTec OÜ has raised €1 million in pre-seed funding to advance its micro-tubular solid oxide fuel cell (mSOFC) technology, which aims to provide lightweight, long-duration power for drones and IoT devices. The round was led by 2C Ventures, with contributions from DefCAP OÜ, Bitsick OÜ, and ModulEnergy OÜ, alongside grants from the Estonian Business and Innovation Agency, the European Space Agency, the Estonian Ministry of Defense, and NATO DIANA. The company is focusing on improving energy efficiency in off-grid applications and is currently working with the Estonian Defence Forces to test ethanol-based fuel cells. The funding will support further technology development and market expansion.

Founded in 2022, GaltTec is pioneering fuel cell technology to meet the growing demand for lightweight, sustainable, and highly efficient energy solutions. The company’s fuel cells are designed to significantly extend operational endurance for drones and IoT devices, making them a game-changer for industries that rely on long-lasting, portable power sources.

“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.”

GaltTec’s dual-use strategy positions its fuel cells as a critical solution for both commercial and defense sectors. In 2024, the company became the first Estonian startup to join the NATO DIANA accelerator program, which supports deep-tech companies contributing to national security and defense. Additionally, GaltTec has signed a cooperation agreement with the Estonian Defence Forces to test ethanol-based fuel cells, further reinforcing the strategic importance of its technology.

With strong backing from both private and public sectors, GaltTec is well-positioned to scale its technology, expand into new markets, and drive the future of sustainable energy solutions for drones, IoT devices, and beyond.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/galttec-raises-e1-million-pre-seed/

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