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Summary:

A breakthrough in fuel cell technology, which seems to be perpetually “just a few years away,” means there’s still a lot of room for startups to help bring this complex technology to market. We recently read in Israel’s Globes, via a blog post from Israel Cleantech […]

A breakthrough in fuel cell technology, which seems to be perpetually “just a few years away,” means there’s still a lot of room for startups to help bring this complex technology to market. We recently read in Israel’s Globes, via a blog post from Israel Cleantech Ventures intern Jonathan Shapira, that Israel Cleantech Ventures has invested in Israeli fuel cell startup CellEra. CellEra’s CEO Ziv Gottesfeld has both confirmed the Series A round with us and told us that the investment was $2 million.

CellEra’s objective, Gottesfeld explained, is to bridge the fuel cell commercialization gap by developing “truly affordable and reliable” fuel cell-based power solutions. The startup, which is still in stealth mode as it works to register its IP, is a family business; it was founded in 2007 by Gottesfeld, VP R&D Dario Dekel, and CTO Shimshon Gottesfeld (father of Ziv Gottesfeld).

Ziv Gottesfeld sent us over the bios for the company’s founder, which offers some clues as to what CellEra is focusing on. Shimshon Gottesfeld is the technology guru for the group, and his bio says he has 20 years of experience in fuel cell technology projects, and has worked on the latest polymer electrolyte (PEMFC) and direct methanol (DMFC) fuel cell technology.

Shimshon Gottsefeld was also most recently (until May 2006) the VP of R&D and CTO of MTI Fuel Cells, which is developing portable methanol fuel cells for consumer electronics that it aims to bring to market in 2009 (we interviewed MTI’s CEO Peng Lim last September). If CellEra’s CTO, co-founder and “visionary” has decades of experience in methanol fuel cell technology, then we can guesstimate that CellEra’s new IP will benefit from that research. We look forward to learning more about it.

By Katie Fehrenbacher

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  1. [...] Shimshon Gottsefeld was also most recently (until May 2006) the VP of R&D and CTO of MTI Fuel Cells, which is developing portable methanol fuel cells for consumer electronics that it aims to bring to market in 2009 (we interviewed MTI’s … Read More [...]

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  2. [...] company’s founders do have extensive experience in methanol fuel cell technology, which leads Earth2Tech to speculate that it is working in that [...]

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  3. [...] company’s founders do have extensive experience in methanol fuel cell technology, which leads Earth2Tech to speculate that it is working in that [...]

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  4. Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.

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  5. [...] Cleantech Ventures does, well, they pretty much cover it all: wastewater treatment startup Aqwise, fuel cell firm CellEra, landfill biogas company Citrine Renewable Energy, wastewater energy producer Emefcy, HID lighting [...]

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  6. [...] fuel-cell startup CellEra has kept its activities under wraps since it raised $2 million from Israel Cleantech Ventures last year. But a German press release from angel investor group [...]

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