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Next Hydrogen

Innovation in Creating Hydrogen from Renewable Power Sources

Founded 2008 Canada Mississauga, Canada 56 employees Post-IPO Debt Total: $13.10M Manufacturing, Renewable Energy

General Information

Company Name Next Hydrogen
Founded Year 2008
Location Canada Mississauga, Canada
Employees 56
Industries Manufacturing, Renewable Energy
Funding Stage Post-IPO Debt
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About Next Hydrogen

Next Hydrogen is a manufacturing startup that focuses on creating hydrogen from renewable power sources. Their water electrolysers are designed to provide utility-scale clean hydrogen for energy storage, offering operational flexibility to leverage intermittently available renewable energy. The units feature rapid response to sudden power changes and an "overdrive" mode that accelerates hydrogen production when electricity prices are low. Notably, the portability and pre-assembled nature of the units facilitate quick and easy deployment without additional capital costs. Established in 2008, the company recently received a $3.00M Post-IPO Debt investment on 12 November 2024. The investor information is not available.

Business keywords: Hydrogen Generation, Energy Storage, Green Technology, Electrolysis, Clean Energy Solutions, Power-to-Gas, Energy Conversion, Decarbonization, Renewable Power Integration, Infrastructure-scale Operations, Dynamic Response Technology

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $3.00M -
12 Nov 2024
Grant $5.00M 1
Sustainable Development Technology Canada
17 Feb 2023
Grant $5.10M 1
Sustainable Development Technology Canada
20 Dec 2022

Next Hydrogen Alternatives & Competitors

View All Alternatives
Next Hydrogen vs
Endua
Endua Australia

Energy that endures.

Grant
17 employees
Manufacturing, Renewable Energy
Next Hydrogen vs
ERGOSUP
ERGOSUP France

High pressure hydrogen made simple

Series B
5 employees
Manufacturing, Renewable Energy
Next Hydrogen vs

SHIFT POWER / ENERGIZE YOUR WORLD

Grant
91 employees
Energy, Manufacturing

FAQ About Next Hydrogen

Innovation in Creating Hydrogen from Renewable Power Sources
Next Hydrogen was founded in 2008.
Next Hydrogen is headquartered in Mississauga, Canada.
Next Hydrogen operates in Manufacturing and Renewable Energy. Its work centres on Hydrogen Generation, Energy Storage, Green Technology and Electrolysis.
Next Hydrogen has approximately 56 employees.
Next Hydrogen has completed 3 funding rounds, raising a total of $13.10M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Next Hydrogen include Endua, ERGOSUP, Hydrogenics, FuelCell Energy, TECO 2030. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Next Hydrogen and Endua 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 Next Hydrogen, https://bouncewatch.com/company/next-hydrogen, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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