How much funding has Electric Hydrogen raised?

Electric Hydrogen has raised $602.0M in total funding, most recently a Series C round.

Who are Electric Hydrogen's investors?

Electric Hydrogen's investors include Fortescue, Fifth Wall, Energy Impact Partners, Equinor Ventures, Breakthrough Energy Ventures, BP Ventures.

When was Electric Hydrogen founded?

Electric Hydrogen was founded in 2020.

Where is Electric Hydrogen headquartered?

Electric Hydrogen is headquartered in Devens, Massachusetts, United States.

What industry is Electric Hydrogen in?

Electric Hydrogen operates in Climate Tech, Energy.

How many employees does Electric Hydrogen have?

Electric Hydrogen has 201-500 employees.

Electric Hydrogen

Making Molecules to Decarbonize our World

Devens, United States · Founded 2020 · $602.0M raised

Climate Tech

Energy

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.