Modern Hydrogen Overview
- Year Founded
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2015
- Status
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Out of Business
- Employees
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83
- Latest Deal Type
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Out of Business
Modern Hydrogen General Information
Description
Developer of a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon efficiently. The company's system transforms industrial and commercial boilers' and furnaces' heat into power for use onsite to reduce wasted energy, enabling clients to save money, reduce carbon emissions and increase resiliency during power outages.
Contact Information
Website
modernhydrogen.comCorporate Office
- 20300 Woodinville Snohomish Road
- Suite B
- Woodinville, WA 98072
- United States
Corporate Office
- 20300 Woodinville Snohomish Road
- Suite B
- Woodinville, WA 98072
- United States
Modern Hydrogen Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Out of Business | 05-Jul-2026 | Completed | Out of Business | |||
| 6. Later Stage VC | 11-Dec-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B2) | 28-Mar-2023 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 03-Dec-2021 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A2) | 08-Oct-2020 | Completed | Generating Revenue | |||
| 2. Grant | 07-Mar-2017 | $5K | $10.4M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 01-Jan-2016 | $10.4M | $10.4M | Completed | Startup |
Modern Hydrogen Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-2 | ||||||||
| Series B | ||||||||
| Series A-2 | 22,517,419 | $0.000100 | 6% | $1.46 | $1.46 | 1x | $1.46 | 22.85% |
| Series A | 10,400,000 | $0.000100 | 6% | $1 | $1 | 1x | $1 | 10.55% |
Modern Hydrogen Comparisons
Industry
Financing
Details
Modern Hydrogen Competitors (7)
One of Modern Hydrogen’s 7 competitors is Bloom Energy, a Formerly VC-backed company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bloom Energy | Formerly VC-backed | San Jose, CA | ||||
| Plug Power | Formerly VC-backed | New York, NY | ||||
| Nel (Alternative Energy Equipment) | Corporation | Oslo, Norway | ||||
| GRZ Technologies | Venture Capital-Backed | Avenches, Switzerland | ||||
| McPhy Energy | Private Equity-Backed | Foussemagne, France |
Modern Hydrogen Patents
Modern Hydrogen Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12612555-B2 | Systems and methods for removing carbon from reaction chambers in pyrolysis reactors | Active | 24-Oct-2023 |
Modern Hydrogen Signals
Modern Hydrogen FAQs
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When was Modern Hydrogen founded?
Modern Hydrogen was founded in 2015.
-
Where is Modern Hydrogen headquartered?
Modern Hydrogen is headquartered in Woodinville, WA.
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What is the size of Modern Hydrogen?
Modern Hydrogen has 83 total employees.
-
What industry is Modern Hydrogen in?
Modern Hydrogen’s primary industry is Alternative Energy Equipment.
-
Is Modern Hydrogen a private or public company?
Modern Hydrogen is a Private company.
-
What is Modern Hydrogen’s current revenue?
The current revenue for Modern Hydrogen is .
-
How much funding has Modern Hydrogen raised over time?
Modern Hydrogen has raised $128M.
-
Who are Modern Hydrogen’s competitors?
Bloom Energy, Plug Power, Nel (Alternative Energy Equipment), GRZ Technologies, and McPhy Energy are some of the 7 competitors of Modern Hydrogen.
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