Modern Hydrogen Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Out of Business

  • Employees
  • 83

Employees

  • Latest Deal Type
  • 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

Formerly Known As
Modern Electron, Inc.
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 20300 Woodinville Snohomish Road
  • Suite B
  • Woodinville, WA 98072
  • United States
Primary Industry
Alternative Energy Equipment
Vertical(s)
Corporate Office
  • 20300 Woodinville Snohomish Road
  • Suite B
  • Woodinville, WA 98072
  • United States

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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
To view Modern Hydrogen’s complete valuation and funding history, request access »

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%
To view Modern Hydrogen’s complete cap table history, request access »

Modern Hydrogen Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon ef
Alternative Energy Equipment
Woodinville, WA
83 As of 2024

San Jose, CA
 

New York, NY
 
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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
You’re viewing 5 of 7 competitors. Get the full list »

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

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Modern Hydrogen FAQs

  • When was Modern Hydrogen founded?

    Modern Hydrogen was founded in 2015.

  • Where is Modern Hydrogen headquartered?

    Modern Hydrogen is headquartered in Woodinville, WA.

  • 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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