Photoncycle

Store the season with Photoncycle

Oslo, Norway · Founded 2020 · $16.3M raised

Headquarters
Oslo
Founded
2020
Business Model
B2C
Total Funding
$16.3M
Last Round
$16.3M SeedMar 2026
Rounds
2

About

Photoncycle is a Norwegian climate tech company developing patented solid-state hydrogen storage technology that lets homeowners capture surplus summer solar energy and use it to heat and power their homes through winter. Its system has a storage capacity of up to 10,000 kWh, roughly 700 times that of a standard home battery, bridging the seasonal gap between solar production and winter energy demand. Founded by Bjørn Brandtzæg, who previously raised more than $1.3 billion for large-scale energy infrastructure projects and incubated the idea at MIT in 2020, Photoncycle operates a hydrogen lab in Oslo and is preparing large-scale manufacturing for 2027.

Summary

Photoncycle is a Climate Tech company based in Oslo, Norway, founded in 2020. It has raised $16.3M in total across 2 rounds, most recently a $16.3M Seed round in Mar 2026. Investors include Momentum Capital, Lifeline Ventures and NordicNinja VC.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series ASeries AMar 2026
$16.3M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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