BayoTech

company

About

BayoTech provides low cost, low/no carbon hydrogen generation systems for agriculture, fuel cells, and energy industries.

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.63M
Industries
Chemical Engineering,CleanTech,Electric Vehicle,Electrical Distribution,Manufacturing
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
BayoTech, Inc
Also Known As
BayoTech On-Site Hydrogen

Biotech is a chemical company that specializes in manufacturing hydrogen-based products used for agriculture, fuel cell, and energy. Biotech builds a hydrogen generator with a low carbon footprint. The company was founded in 2015 and is headquartered in Albuquerque, New Mexico.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$174.13M
BayoTech has raised a total of $174.13M in funding over 2 rounds. Their latest funding was raised on Jan 5, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 5, 2021 Series C $157M 4 Newlight Partners Detail
Apr 6, 2018 Series B $12.50M 2 Detail
Jun 16, 2017 Seed $1.63M Detail
Jan 26, 2016 Seed $3M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
5
BayoTech is funded by 5 investors. Newlight Partners and Cottonwood Technology Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Newlight Partners Yes Series C
Cottonwood Technology Fund Series C
Fortistar Series C
Sun Mountain Capital Series C
The Yield Lab Seed

Employee Profiles

Number of Employee Profiles
6
BayoTech has 6 current employee profiles, including Executive Mauricio Vargas
Executive
Executive
Executive
Executive

Acquisition

BayoTech has acquired 1 organizations. Their most recent acquisition was IGX Group, Inc. on Jul 1, 2021. They acquired IGX Group, Inc. for 0.

Date Company Name
Industry Acquisition Type Price
Jul 1, 2021 IGX Group, Inc.
Chemical acquisition Detail