Orcan Energy Secures $14.5M Funding to Revolutionize Waste Heat into Clean Electricity

Orcan Energy is thrilled to announce a successful funding round in which the company raised 14,500,000, marking a significant milestone in its mission to revolutionize the energy sector. This new capital infusion will further empower Orcan Energy to accelerate the development, production, and distribution of its innovative energy modules that convert waste heat into clean, cost-effective electricity. Based in Munich, Germany, Orcan Energy has been a pioneer in unlocking the potential of unused heat sources using second-generation Organic Rankine Cycle (ORC) technology. By downscaling traditional systems and creating a modular solution, the company now offers a turnkey installation that allows for the efficient extraction of waste heat from a variety of origins—ranging from industrial processes and engines to shipping and geothermal plants. This funding will play a critical role in expanding Orcan Energy’s market presence and advancing its technology, which already boasts more than 600 modules in operation with over 7 million operating hours internationally. With investments this size, the company is strategically positioned to help clients across sectors such as cement, oil and gas, power generation, and marine achieve their sustainability goals by significantly reducing CO2 emissions and operating costs. Furthermore, the infusion of funds will facilitate the rollout of flexible financing models, ensuring that organizations can start generating cash-flow-positive electricity and fuel cost savings from day one. As global energy needs continue to evolve, Orcan Energy remains committed to offering innovative, scalable, and eco-friendly solutions that turn residual heat into valuable energy, paving the way for a more sustainable future for industries around the world.