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Electric Hydrogen logo — Making Molecules to Decarbonize our World

Electric Hydrogen

Making Molecules to Decarbonize our World

Founded 2020 United States Natick, United States 391 employees Debt Financing Total: $798.30M Energy, Industrial +1

General Information

Company Name Electric Hydrogen
Founded Year 2020
Location United States Natick, United States
Employees 391
Industries Energy, Industrial, Clean Energy
Funding Stage Debt Financing
Social

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About Electric Hydrogen

Electric Hydrogen (EH2) is a United States based startup leveraging its expertise in manufacturing the world’s most powerful electrolyzers for critical industries. The company's slogan "Fossil-free hydrogen for a decarbonized world" succinctly captures its mission and commitment to sustainability. EH2's complete solution encompasses all the necessary components to efficiently produce green hydrogen, including power conversion, gas processing, water treatment, and thermal management. Founded in 2020, the company operates in the Energy, Industrial, and Clean Energy sectors. The most recent milestone for Electric Hydrogen was a significant $46.30M grant investment received on 14 March 2024, with the U.S. Department of Energy as the investor. This funding not only attests to the company's potential but also signifies the confidence of a prominent government institution in their technology and business model. Electric Hydrogen's focus on producing low-cost green hydrogen caters to the growing demand for sustainable solutions in process industries, offering a compelling value proposition to its investors. As critical industries increasingly prioritize their climate objectives, Electric Hydrogen is poised to play a pivotal role in driving the economic inevitability of green hydrogen.

Business keywords: Green hydrogen, Electrolyzers, Decarbonization, Renewable energy, Clean technology, Sustainable industry, Electrolysis, Energy conversion, Hydrogen production, Power generation, Water treatment, Climate objectives

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing $100.00M 4
Hercules Capital HSBC
Hercules Capital, HSBC +2
09 May 2024
Grant $46.30M 1
US Department of Energy
14 Mar 2024
Debt Financing $50.00M 1
Trinity Capital
Trinity Capital
05 Mar 2024
Series C $380.00M 10
Prelude Ventures S2G Ventures Temasek Holdings
Prelude Ventures, S2G Ventures +8
02 Oct 2023
Series B $198.00M 10
Prelude Ventures Fifth Wall S2G Ventures
Prelude Ventures, Fifth Wall +8
22 Jun 2022
Debt Financing Undisclosed 2
Trinity Capital
Trinity Capital, Silicon Valley Bank
22 Jun 2022
Series A $24.00M 4
Prelude Ventures Breakthrough Energy Ventures Capricorn Investment Group
Prelude Ventures, Breakthrough Energy Ventures +2
23 Jun 2021

Latest News

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Yeşil hidrojene odaklanan Electric Hydrogen, 380 milyon dolar yatırım aldı — Webrazzi
Yeşil hidrojene odaklanan Electric Hydrogen, 380 milyon dolar yatırım aldı
Webrazzi Jan 23, 2024

Electric Hydrogen Alternatives & Competitors

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Electric Hydrogen vs
Ohmium
Ohmium United States

Making green hydrogen a reality today

Corporate Round
589 employees
Energy, Manufacturing
Compare Electric Hydrogen vs Ohmium
Electric Hydrogen vs
Plug Power
Plug Power United States

Green Hydrogen at Work

Post-IPO Equity
2207 employees
Energy, Industrial
Compare Electric Hydrogen vs Plug Power
Electric Hydrogen vs
HyAxiom, Inc.
HyAxiom, Inc. United States

The Clean Energy You Count On

Private Equity
267 employees
Energy, Industrial
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FAQ About Electric Hydrogen

Making Molecules to Decarbonize our World
Electric Hydrogen was founded in 2020.
Electric Hydrogen is headquartered in Natick, United States.
Electric Hydrogen operates in Energy, Industrial and Clean Energy. Its work centres on Green hydrogen, Electrolyzers, Decarbonization and Renewable energy.
Electric Hydrogen has approximately 391 employees.
Electric Hydrogen has completed 7 funding rounds, raising a total of $798.30M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Electric Hydrogen include Ohmium, Plug Power, HyAxiom, Inc., Supercritical, SynTech Bioenergy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Electric Hydrogen and Ohmium are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Electric Hydrogen, https://bouncewatch.com/company/electric-hydrogen, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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