What Starfire Energy does

Starfire Energy is a privately held clean energy technology company headquartered in Aurora, Colorado, founded in 2007, that develops and deploys sustainable energy technologies. The company operates with a lean team in the 11-50 employee band and is led by founder and CEO Joe Beach, with Jennifer Beach as COO and Rick Bernheim as Chief Technology Officer and Vice President of Engineering. The technology base has been developed and validated through repeated non-dilutive federal and state support, including two U.S. Department of Energy ARPA-E awards (2015 and 2019), an NSF SBIR/STTR award (2019), and a Colorado Office of Economic Development and International Trade award (2019).

Capital formation has progressed in distinct phases. Early-stage technology development was funded by federal grants and a $250,000 Colorado state award in 2019. In April 2021, the company closed a corporate-backed round led by AP Ventures with participation from Chevron Technology Ventures, Mitsubishi Heavy Industries, New Energy Technology, and Osaka Gas USA. The most significant event to date is the November 2022 funding round, which raised $24,000,000 led by Samsung Ventures and included Chevron Technology Ventures, Mitsubishi Heavy Industries, IHI Group, Osaka Gas USA, Çalık Enerji, AP Ventures, the Fund for Sustainability and Energy (F4SE), Pavilion Capital, and Rockies Venture Club. The mix of strategic energy and industrial corporates alongside climate-specialist investors points to a capital-intensive business model built around industrial offtake, deployment partnerships, and downstream integration rather than high-volume consumer sales.

No product specifications, pricing model, customer list, revenue figures, or geographic sales footprint are disclosed in the available sources, and the company's website currently returns an empty directory listing rather than substantive content. As a result, the precise end-product, unit economics, go-to-market motion, and active customer base cannot be determined from the provided data. The investor syndicate nevertheless suggests a B2B orientation aimed at energy, heavy industry, and gas utility counterparties in the United States and select international markets represented by the strategic backers.

Name

Starfire Energy

Website

https://starfireenergy.com

Company type

Private

Founded year

2007

Headcount range

11–50 employees

Short description

Starfire Energy is a privately held Aurora, Colorado-based clean energy technology company founded in 2007 that develops and deploys sustainable energy technologies, backed by DOE/ARPA-E, NSF, and a 2022 strategic round led by Samsung Ventures.

Ownership category

akta.pro rank

Product category

Sustainable Energy Technology

NAICS

Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK)

Keywords

• Sustainable energy technology
• Clean energy development
• Renewable energy deployment
• Low-carbon energy systems
• Energy technology development

Headquarters

HQ city

Aurora

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Core offering

Starfire Energy develops and deploys sustainable energy technologies. The company is a privately held, for-profit firm headquartered in Aurora, United States, with 11-50 employees, founded in 2007. Its work centers on creating and rolling out technologies intended to support cleaner energy production and use.

Differentiator

Problem solved

Functional benefit

Products and services

• Sustainable Energy Technologies

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• Nel ASA: Norwegian electrolyzer and hydrogen fueling solutions company that builds PEM and alkaline electrolyzers for green hydrogen production. Directly comparable to Starfire Energy as a clean hydrogen process-technology provider targeting distributed and industrial-scale green H2.
• ITM Power: UK-based PEM electrolyzer manufacturer focused on green hydrogen production for industrial, transport, and energy applications. Closely comparable to Starfire Energy as a dedicated hydrogen process-technology provider with similar scale and stage.
• Electric Hydrogen: U.S.-based developer of large-scale PEM electrolyzers for industrial green hydrogen production. Closely comparable to Starfire Energy in focus on green H2 process technology for industrial customers, and a more direct competitor for distributed/stranded application projects.
• Amogy: U.S. startup developing ammonia-based power systems for hard-to-abate sectors including shipping and heavy transport. Comparable to Starfire Energy because both companies focus on ammonia as a clean-fuel carrier and on cracking/synthesis technology for distributed energy applications.

Broad incumbents

• Plug Power: U.S. clean hydrogen and fuel cell platform spanning electrolyzers, fuel cells, and end-to-end hydrogen solutions. Comparable to Starfire Energy as a green hydrogen producer, though Plug Power is far larger and more vertically integrated.
• Cummins (Accelera): Cummins' Accelera segment designs and manufactures PEM electrolyzers for green hydrogen production. Comparable to Starfire Energy as a hydrogen production technology provider, though Cummins has substantially greater resources and a broader portfolio.
• Thyssenkrupp nucera: German industrial electrolyzer specialist (spun out of Thyssenkrupp) supplying large-scale alkaline water electrolysis for green hydrogen. Comparable to Starfire Energy as a hydrogen process-technology provider serving industrial-scale applications.
• Air Products: Global industrial gas major with the world's largest green hydrogen project pipeline (NEOM, etc.). Comparable to Starfire Energy as a major player in green and blue hydrogen and ammonia production, though at vastly greater scale.
• Linde: Global industrial gases and engineering company with a significant clean hydrogen and clean ammonia portfolio. Comparable to Starfire Energy as a hydrogen/ammonia production technology and project developer, though Linde operates at global incumbent scale.

Emerging players

• Ohmium: U.S.-based developer of modular PEM electrolyzers for distributed green hydrogen production. Comparable to Starfire Energy as a peer-stage startup focused on modular, distributed green hydrogen process technology.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds9 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Starfire Energy