Last updated 2026-07-26
- Went public on TASE (GNCL), Nov 2020
- Raised $30.4M Series B led by Harel Group, Jan 2022
- Raised $55.4M Follow-on PO led by Poalim IBI, Nov 2020
Total raised
$111.0M
Last: Grant 2023-10
Stage
Public
Founded
2011
Headcount
105
HQ
Petah Tikva, Israel
Sector
Energy Tech
About
GenCell is an Israeli company developing hydrogen alkaline-based fuel cell systems and solutions that replace diesel generators with clean backup power for utilities, homeland security, healthcare, and automated industries, as well as ammonia (NH3) based off-grid power solutions. The company's proprietary technologies enable on-demand hydrogen generation from anhydrous ammonia, eliminating the need for high-pressure hydrogen storage and transport. GenCell's solutions include long-duration backup systems for telecom and utility infrastructure, off-grid power units that extract hydrogen from ammonia on-site, and hybrid systems for electric vehicle charging and disaster response.
Funding history · 5 rounds · $111.0M total
6 events/rounds · $111.0M Total Funding: $55.7M in Private Equity, $116.3M in Public Equity
Aug 2025
★ Barclays Hotels
Jan 2022
★ Harel Group★ Meitav-Dash★ Migdal Insurance★ Meitav DASH Investments Ltd★ Migdal Insurance and Financial Holdings Ltd.★ Harel Insurance Investments & Financial Services Ltd
Apr 2021
★ BNP Paribas Energy Transition FundTDK VenturesTennison Securities
Nov 2020
★ Poalim IBILanda VenturesPaz Oil CompanyBenny Landa (via Landa Ventures)seven global financial institutionsPublic investors (underwriters Poalim IBI)
Oct 2012
★ Landa Ventures★ Enterprise Ireland
Offices
Petah Tikva, Israel · HQ / main office
Show all offices (1 more)
- Los Angeles, United States
Q&A
- What is GenCell's primary business?
- GenCell Energy develops hydrogen and ammonia-based alkaline fuel cell systems that provide zero-emission power for backup, off-grid, and distributed energy applications.
- When was GenCell founded?
- GenCell was founded in February 2011.
- What was GenCell's most recent funding round?
- GenCell received a Grant in October 2023.
- When did GenCell go public and on what exchange?
- GenCell went public on the TASE in November 2020 with an IPO that raised $61,000,000 at a valuation of $240,000,000.
- Which investor participated in GenCell's PIPE round in April 2021?
- BNP Paribas Energy Transition Fund participated in GenCell's PIPE round in April 2021, which raised $14,300,000.
- What significant order did GenCell receive in December 2023?
- In December 2023, GenCell received an order valued at approximately $4.5 million from the Federal Electricity Commission of the State of Mexico (CFE) for additional units of its backup power solution.
- What was a key development for GenCell in July 2024?
- In July 2024, the California Mobility Center deployed the first GenCell EVOX® for fast DC EV charging in Sacramento.
- What was GenCell's involvement at COP28 in December 2023?
- At COP28 in December 2023, GenCell presented its green, grid-independent EV charging solution and vision towards GreenFSG.
Team · 10
Rami Reshef
Founder · Co-founder & CEO
Gil Shavit
Founder · Co-founder & CBDO
Shmulik Perez
Deputy CEO & COO
Haim Moshe
Chief Product Officer
Ron Cardwell
President, GenCell Inc.
Shelli Zargary
Director of Marketing
Shelli Zaragary
Marketing Strategy and Content
Alex Saucedo
Director of Sales & Business Development
Doug Audesmore
EVOX Product Manager
John Felts
Regional Sales Manager
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionHydrogenClean Energy GenerationEnergy TechEnergy Production & SourcesAutomotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Target customers
Transportation & LogisticsTransportation InfrastructureEnergy, Utilities & Waste ManagementUtilitiesElectricityNew FuelsHydrogenDefense, Safety & SecuritySecurityHomeland SecurityNational SecurityMilitaryCommunication ServicesWireless & Mobile
Business model
B2BB2G
Highlights
Climate Tech1 PatentsVerified
Tags
energybatteriespower-suppliesfuelssmart-citynanotechnologyclimate-techwaterhydrogenschoolselectric-utilitiesmanufacturing-facilitieshospitalsalternative-fuelsrenewable-energyenergy-storagesmart-mobilityfirst-respondersfuel-cellautomotivecommercial-siteshomeland-securityoff-gridenergytech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | gencellenergy.com/ |
|---|---|
| linkedin.com/company/3500202 | |
| facebook.com/GenCellEnergy | |
| YouTube | youtube.com/channel/UCnzeYLlBbndU2YeM0MW7miA |
| Wikipedia | en.wikipedia.org/wiki/GenCell |
| Wikidata | wikidata.org/wiki/Q105393678 |
Identifiers & details
| Legal name | GenCell Ltd. |
|---|---|
| Founded | 2011 |
| Employees (exact) | 105 |
| Offices | Los Angeles |
| Market cap | $6.1M |
| Status reason | Public on TASE on Nov, 2020; |
| Wikidata QID | Q105393678 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| IPO | 2020-11 | TASE | GNCL | $61.0M |
Radar intelligence
Patents
| EPO | 90 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
GitHub
| Top repos | opendnp3 |
|---|
Web history (Wayback)
| Domain | gencellenergy.com |
|---|
Wikidata
| QID | Q105393678 |
|---|
Certificate / subdomain footprint
| Subdomains | 23 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514579887 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה ציבורית |
| Incorporated | 2011-02-21 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2020 |
| Active charges / liens | 0 |
| Registry events | 3 — charge (2), other (1) |
| Registered address | הסיבים 49 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2025-12-29 | סילוק שעבוד |
| 2025-12-29 | סילוק שעבוד |
| 2025-12-16 | עדכון כתובת ו/או מען דיגיטלי |