Electric Hydrogen
Making Molecules to Decarbonize our World
Devens, United States · Founded 2020 · $602.0M raised
- Headquarters
- Devens, Massachusetts
- Employees
- 201–500
- Founded
- 2020
- Business Model
- B2B
- Website
- eh2.com
- Total Funding
- $602.0M
- Last Round
- $380.0M Series COct 2023
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Electric Hydrogen (EH2) is a green hydrogen technology company founded in 2020 and headquartered in Devens, Massachusetts. The company designs, manufactures, and commissions the world's most powerful PEM electrolyzers, enabling clean hydrogen production that is economically viable for industrial customers today. EH2 operates a gigafactory in Devens, MA and has teams across the San Francisco Bay Area, Texas, and international locations. The company became the green hydrogen industry's first unicorn in 2023 and has secured over $1 billion in total funding. EH2's electrolyzer plants target green steel, green ammonia, and industrial decarbonization applications globally.
Summary
Electric Hydrogen is a Climate Tech company based in Devens, United States, founded in 2020. It has raised $602.0M in total across 4 rounds, most recently a $380.0M Series C round in Oct 2023. Investors include Trinity Ventures, Fortescue and Fifth Wall.
Tech & App Stack
4 technologies & apps tracked
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Funding History
May 2024
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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