Hgen
Hgen is a climate tech company in Los Angeles, United States, founded in 2021. It has raised $7.0M across 2 rounds, most recently a $5.0M Seed in September 2024.
Clean industrial gas for heavy industry
- Headquarters
- Los Angeles, California
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2B
- Website
- hgen.com
- Total Funding
- $7.0M
- Last Round
- $5.0M SeedSep 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.
About
Hgen is a Los Angeles-based clean energy company founded in 2021 that develops and commercializes higher-efficiency alkaline electrolyzers to produce clean hydrogen and oxygen for heavy industry. The company was founded by veterans of Tesla and SpaceX, including CEO Molly Yang (former Tesla Energy Product Lead) and CTO Colin Ho (SpaceX propulsion), with a mission to decarbonize the $100B+ industrial gas market. In 2024, Hgen raised a $5M seed round backed by Seven Seven Six and Breakthrough Energy Fellows to accelerate commercial deployment of its electrolyzer technology.
Summary
It lists 1–10 employees. It has raised $7.0M in total across 2 rounds, most recently a $5.0M Seed round in Sep 2024. Investors include Seven Seven Six, Climate Capital and Fontinalis Partners.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Sep 2024
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Funding: Seed. Amounts, valuations, and investors where available.
Investors
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