Estonia · Funded startup

Who invested in Efenco

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summaryUpdated 26 Oct 2026

$3.2Mraised across 1 round since 2023, from 1 source

Latest round
Grant, $3.2MNov 2023
Investors
1
See who backed them

The rounds

  1. Nov 2023
    Grant$3.2M

    Source recorded

Founders and team

From Efenco's own website: 7 on the team.

  • Kristjan TiikCo-worker / CEO - Chief Executive Officer​
  • Endo ViiresCo-worker / CTO - Chief Technology Officer​
  • Jürgen MetsCo-worker / CCO - Chief Commercial Officer​
  • Kristo TuurmannCo-worker / CFO - Chief Financial Officer
  • Dmitri JelõkovTechnology Project Manager
  • Eva TalveHydrogen Business Lead​​
  • Raigo PertCustomer Technologist/Engineer​​

Everyone who backed them

EIC AcceleratorGovernment1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Efenco

Who invested in Efenco?

Efenco's investors include EIC Accelerator.

How much has Efenco raised?

Efenco has raised $3.2M across 1 round since 2023.

When did Efenco last raise?

Efenco's most recent round was a Grant of $3.2M in Nov 2023.

What was Efenco's biggest round?

Its most recent round, $3.2M in Nov 2023, is also its largest on record.

Who backed Efenco first?

Efenco's first round on record, in Nov 2023, was backed by EIC Accelerator.

What stage is Efenco at?

Efenco's latest named round is a Grant, in Nov 2023.

Where is Efenco based?

Efenco is based in Estonia.

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