FirstElement Fuel Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 130

Employees

  • Latest Deal Type
  • Debt

  • Investors
  • 12

FirstElement Fuel General Information

Description

Developer and manufacturer of next-generation hydrogen fuels intended to provide safe, reliable, retail hydrogen to customers of fuel cell electric vehicles. The company's True Zero brand is based on hydrogen with zero harmful emissions and water vapor as the only byproduct when consumed in a fuel cell vehicle, enabling users to reduce the impact on energy consumption and the environment.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5281 California Avenue
  • Suite 260
  • Irvine, CA 92617
  • United States
+1 (949)
Primary Industry
Other Utilities
Corporate Office
  • 5281 California Avenue
  • Suite 260
  • Irvine, CA 92617
  • United States
+1 (949)

FirstElement Fuel Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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FirstElement Fuel Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Debt - General 26-Oct-2023 Completed Generating Revenue
10. Later Stage VC (Series D) 08-Nov-2021 Completed Generating Revenue
9. Grant Completed Generating Revenue
8. Debt - General 15-Mar-2021 Completed Generating Revenue
7. Grant 04-Sep-2020 Completed Generating Revenue
6. Later Stage VC (Series C) 20-Jun-2020 Completed Generating Revenue
5. Corporate 02-Apr-2019 Completed Generating Revenue
4. Grant 14-Nov-2017 Completed Generating Revenue
3. Early Stage VC (Series B) 01-Dec-2014 $13.8M $13.8M Completed Generating Revenue
2. Grant 19-Nov-2014 $27M Completed Generating Revenue
To view FirstElement Fuel’s complete valuation and funding history, request access »

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FirstElement Fuel Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer and manufacturer of next-generation hydrogen fuels intended to provide safe, reliable, retail hydrogen to cust
Other Utilities
Irvine, CA
130 As of 2024

Skipton, United Kingdom
 

Osaka, Japan
 
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FirstElement Fuel Competitors (4)

One of FirstElement Fuel’s 4 competitors is ELEMENT 2, a Venture Capital-Backed company based in Skipton, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ELEMENT 2 Venture Capital-Backed Skipton, United Kingdom
Iwatani Corporation Osaka, Japan
Air Products. Corporation Beaumont, TX
Shell Hydrogen Investments Canada Corporation Calgary, Canada
To view FirstElement Fuel’s complete competitors history, request access »

FirstElement Fuel Patents

FirstElement Fuel Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230416074-A1 Test tank simulator Pending 17-May-2022
US-20250067402-A1 Gaseous fuel storage system Pending 28-Dec-2021
US-20240255105-A1 Gaseous hydrogen fueling methods Pending 01-Oct-2021
US-11598485-B2 Lh2 offloading with auto-purge and pre-cooling Active 20-Jul-2021
US-20230023439-A1 Bayonet for lh2 offloading Active 20-Jul-2021 F16L37/248
To view FirstElement Fuel’s complete patent history, request access »

FirstElement Fuel Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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FirstElement Fuel Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Air Water Corporation Minority
Japan Infrastructure Initiative Company Corporation Minority
MUFG Bank Lender/Debt Provider Minority
Nikkiso Corporation Minority
Japan Bank for International Cooperation Corporation Minority
You’re viewing 5 of 12 investors. Get the full list »

FirstElement Fuel FAQs

  • When was FirstElement Fuel founded?

    FirstElement Fuel was founded in 2013.

  • Where is FirstElement Fuel headquartered?

    FirstElement Fuel is headquartered in Irvine, CA.

  • What is the size of FirstElement Fuel?

    FirstElement Fuel has 130 total employees.

  • What industry is FirstElement Fuel in?

    FirstElement Fuel’s primary industry is Other Utilities.

  • Is FirstElement Fuel a private or public company?

    FirstElement Fuel is a Private company.

  • What is FirstElement Fuel’s current revenue?

    The current revenue for FirstElement Fuel is .

  • How much funding has FirstElement Fuel raised over time?

    FirstElement Fuel has raised $241M.

  • Who are FirstElement Fuel’s investors?

    Air Water, Japan Infrastructure Initiative Company, MUFG Bank, Nikkiso, and Japan Bank for International Cooperation are 5 of 12 investors who have invested in FirstElement Fuel.

  • Who are FirstElement Fuel’s competitors?

    ELEMENT 2, Iwatani, Air Products., and Shell Hydrogen Investments Canada are competitors of FirstElement Fuel.

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