Hgen
Clean industrial gas for heavy industry
Los Angeles, United States · Founded 2021 · $7.0M raised
- Headquarters
- Los Angeles, California
- Founded
- 2021
- Business Model
- B2B
- Website
- hgen.com
- Total Funding
- $7.0M
- Last Round
- $5.0M SeedSep 2024
- Rounds
- 2
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
Hgen is a Climate Tech company based in Los Angeles, United States, founded in 2021. 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
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Funding History
Sep 2024
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Seed — per-round amounts, valuations, and who invested in each round.
Investors
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