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Electric Hydrogen
About
Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels.
- 101 - 250
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $198M
- Industries
- Clean Energy,CleanTech,Energy,Industrial
- Founded date
- Jan 1, 2021
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Electric Hydrogen (EH2) is a deep decarbonization company building low-cost, high-efficiency, fossil-free hydrogen systems. Industrial sectors like ammonia and steel production account for a third of global GHGs and will require fossil-free hydrogen at cost parity to eliminate CO2 emissions. Electric Hydrogen is rethinking electrolysis from the ground up to compete with dirty hydrogen on cost and scale. The company's technology brings hydrogen solutions to industry, infrastructure, freight and beyond.The experience of Electric Hydrogen's leadership team at revolutionary clean energy companies like Tesla and First Solar makes EH2 a qualified hydrogen company to break through today’s barriers of efficiency and cost to make measurable progress toward a zero-emission industrial sector in this decade.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 22, 2022 | Series B | $198M | 4 |
Fifth Wall
|
— | Detail |
| Jun 23, 2021 | Series A | $24M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Fifth Wall
|
Yes | Series B |
Trinity Capital
|
— | Series B |
Prelude Ventures
|
— | Series B |
Rio Tinto
|
— | Series B |
