Nel Hydrogen is the older company (1927 vs 1992); VEON is the larger of the two.
Side-by-Side Comparison
| Metric | Nel Hydrogen | VEON |
|---|---|---|
| Founded | ||
| Founded | 1927 older | 1992 |
| Headquarters | ||
| Headquarters | Oslo, Norway | Dubai, United Arab Emirates |
| Employees | ||
| Employees | 362 | 12550 larger |
| Industry | ||
| Industry | Energy, Industrial, Renewable Energy | IT, Information Technology, Internet |
| Funding Stage | ||
| Funding Stage | Grant | Post Ipo Debt |
| Total Funding | ||
| Total Funding | $217.60M | $120.00B |
| Funding Rounds | ||
| Funding Rounds | 4 | 3 |
| Services | ||
| Services | Manufacturing Electrolysers, Hydrogen Generation, Hydrogen Storage and Systems, Renewable Energy Projects | Not tracked yet |
| Target Customers | ||
| Target Customers | Industrial Companies, Public Transportation Entities, Food Production Companies, Energy Sector Companies, Defense and Aerospace Companies | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Not tracked yet | Global Digital Operator, Converged Connectivity, Online Services, Technology-driven, Economic Growth, Amsterdam Headquarters, Dynamic Countries, 7% World Population, Transformative Technology, Telecommunications, Innovation, Digital Services, Global Impact |
| Website | ||
| Website | nelhydrogen.com | veon.com |
About Nel Hydrogen
Nel Hydrogen, a company established in 1927, is at the forefront of pure play hydrogen electrolyser technology, boasting a significant global footprint. Specializing in Alkaline and PEM technology, Nel is instrumental in the green hydrogen economy, facilitating the decarbonization of several industr...
About VEON
VEON is a global digital operator headquartered in Amsterdam, providing converged connectivity and online services across six dynamic countries. With a focus on technology-driven services, VEON aims to empower individuals and drive economic growth in regions representing more than 7% of the world's...
We will tell you when either one moves
BounceWatch watches Nel Hydrogen and VEON for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Nel Hydrogen and VEON — by email.
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Compiled from the BounceWatch company index. We last looked at Nel Hydrogen on 20 Aug 2025, and VEON on 11 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.