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Orcan Energy AG develops Organic Rankine Cycle systems that turn industrial waste heat into electricity.
Founded in 2008 by Andreas Sichert and based in Munich, Germany, Orcan Energy designs and deploys Organic Rankine Cycle (ORC) systems. These convert waste heat from engines and industrial processes into clean electricity. On January 31, 2023 the company raised EUR 28.50 mn in a Growth round with investors including Air Liquide Ventures and TiLT Capital Partners. It has completed 4 deals in total.
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