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Hydrogenics

SHIFT POWER / ENERGIZE YOUR WORLD

Founded 1995 Canada Mississauga, Canada 91 employees Grant Total: $59.47M Energy, Manufacturing +1

General Information

Company Name Hydrogenics
Founded Year 1995
Location Canada Mississauga, Canada
Employees 91
Industries Energy, Manufacturing, Renewable Energy
Funding Stage Grant
Social

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About Hydrogenics

Hydrogenics, a part of Cummins, stands as a leading figure in the hydrogen energy sector, specializing in the design and installation of industrial and commercial hydrogen systems globally. With over 70 years of experience, the company is renowned for its comprehensive solutions that include hydrogen generators for industrial processing and refueling stations, fuel cells for vehicles such as urban transit buses and commercial fleets, and installations for independent power units and UPS systems.

Focused on enhancing renewable energy systems, Hydrogenics caters to a variety of industries including Energy, Manufacturing, and Renewable Energy. Established in 1995, its headquarters are located in Mississauga, Canada, with additional offices and systems installed worldwide.

The company's extensive expertise and global presence make it a compelling opportunity for investors interested in scalable renewable energy solutions, even though it currently shows no record of recent investments.

Business keywords: Hydrogen Systems, Hydrogen Generation, Fuel Cells, Electric Vehicles, Industrial Hydrogen Applications, Fueling Stations, Renewable Energy Optimization, Water Electrolysis Technology, Proton Exchange Membrane (PEM) Technology, OnSite Generation, Power Systems, Backup Power Solutions, Stationary Applications, Commercial Fleets, Energy Storage Solutions

Services & Products

Decarbonization Solutions
Electric and Hydrogen Power Solutions
Custom Power Solutions
Hydrogen Production Technologies

Target Customers

Commercial Transportation Sectors Industrial Enterprises Buses and Trucks Manufacturers Mining Companies Rail Industries Boats and Ports Operations

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €3.50M 1
EASME
01 Jan 2019
Post IPO Equity $20.52M -
21 Dec 2018
Grant €50.00K 1
EASME
01 Aug 2018
Post IPO Equity $21.00M -
27 Jun 2017
Post IPO Debt $7.50M 1
Origin Merchant Partners
06 May 2015
Grant $4.40M 1
California Energy Commission
30 Mar 2015
Grant Undisclosed -
16 Jan 2014
Grant $2.50M 1
Sustainable Development Technology Canada
01 May 2003

Hydrogenics Alternatives & Competitors

View All Alternatives
Hydrogenics vs
H2SYS
H2SYS France

Development of PEM Fuel Cell Systems and electric solutions powered with hydrogen

19 employees
Energy, Information Technology
Hydrogenics vs

The Heart of the Hydrogen Economy

78 employees
Energy, Manufacturing
Hydrogenics vs

Power in all meridians

Series A
29 employees
Energy, Renewable Energy

FAQ About Hydrogenics

SHIFT POWER / ENERGIZE YOUR WORLD
Hydrogenics was founded in 1995.
Hydrogenics is headquartered in Mississauga, Canada.
Hydrogenics operates in Energy, Manufacturing and Renewable Energy. Its work centres on Hydrogen Systems, Hydrogen Generation, Fuel Cells and Electric Vehicles. Its customers include Commercial Transportation Sectors, Industrial Enterprises and Buses and Trucks Manufacturers.
Hydrogenics has approximately 91 employees.
Hydrogenics has completed 8 funding rounds, raising a total of $59.47M. The latest funding stage is Grant.
Hydrogenics offers: Decarbonization Solutions, Electric and Hydrogen Power Solutions, Custom Power Solutions, Hydrogen Production Technologies.
Top alternatives and competitors to Hydrogenics include H2SYS, Greenerity GmbH, PowiDian Energy, Endua, Intelligent Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hydrogenics and H2SYS 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 Hydrogenics, https://bouncewatch.com/company/hydrogenics, updated 19 August 2025. When citing, please name BounceWatch and link this page.

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