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
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 Fortescue, Fifth Wall and Energy Impact Partners.
Tech & App Stack
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Funding History
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Oct 2023
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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