Electric Hydrogen Overview
- Year Founded
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2020
- Status
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Private
- Employees
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292
- Latest Deal Type
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Debt
- Latest Deal Amount
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$2.77M
- Investors
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26
Electric Hydrogen General Information
Description
Manufacturer of high-power electrolyzer systems designed to decarbonize heavy industrial sectors. The company's technology utilizes advanced proton exchange membrane (PEM) stacks, modular plant engineering, and integrated gas processing to provide large-scale hydrogen production facilities, enabling refineries, steel mills, and chemical plants to replace fossil fuels with low-cost clean hydrogen.
Contact Information
Website
www.eh2.comCorporate Office
- 33 Jackson Road
- Devens, MA 01434
- United States
Corporate Office
- 33 Jackson Road
- Devens, MA 01434
- United States
Electric Hydrogen Timeline
Electric Hydrogen Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Debt - General | 14-Nov-2024 | $2.77M | Completed | Generating Revenue | ||
| 9. Debt - General | 09-May-2024 | Completed | Generating Revenue | |||
| 8. Grant | 15-Mar-2024 | Completed | Generating Revenue | |||
| 7. Debt - General | 05-Mar-2024 | Completed | Generating Revenue | |||
| 6. General Corporate Purpose | 31-Dec-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 25-Jul-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 10-May-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 23-Jun-2021 | Completed | Startup | |||
| 2. Seed Round | 21-Dec-2020 | $750K | $750K | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Electric Hydrogen Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A | 21,797,100 | $0.000010 | 6% | $1.09 | $1.09 | 1x | $1.09 | 11.58% |
| Seed | 22,500,000 | $0.000010 | 6% | $0.03 | $0.03 | 1x | $0.03 | 11.95% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Electric Hydrogen Comparisons
Industry
Financing
Details
Electric Hydrogen Competitors (4)
One of Electric Hydrogen’s 4 competitors is Plug Power, a Formerly VC-backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Plug Power | Formerly VC-backed | New York, NY | ||||
| Nel (Alternative Energy Equipment) | Corporation | Oslo, Norway | ||||
| ITM Power | Formerly VC-backed | Sheffield, United Kingdom | ||||
| Ohmium | Venture Capital-Backed | Newark, CA |
Electric Hydrogen Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Electric Hydrogen Patents
Electric Hydrogen Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4796675-A3 | Compression clamps for electrochemical stacks | Pending | 22-Dec-2025 | ||
| US-12592410-B1 | Compression apparatus for electrochemical stacks | Active | 24-Mar-2025 | ||
| EP-4796675-A2 | Compression clamps for electrochemical stacks | Pending | 03-Jan-2025 | ||
| US-12385150-B1 | Compression clamps for electrochemical stacks | Active | 03-Jan-2025 | ||
| WO-2026128291-A1 | Water polishing systems and electrochemical systems having such water polishing systems | Pending | 09-Dec-2024 | C02F1/42 |
Electric Hydrogen Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Electric Hydrogen Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| U.S. Department of Energy | Government | |||
| Hercules Capital (San Mateo) | Lender/Debt Provider | Minority | ||
| BP Ventures (London) | Corporate Venture Capital | Minority | ||
| Fatima Group | Corporation | Minority | ||
| Fortescue Future Industries | Corporation | Minority |
Electric Hydrogen Acquisitions (1)
Electric Hydrogen’s most recent deal was a Merger/Acquisition with Ambient Fuels. The deal was made on 31-May-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ambient Fuels | 31-May-2025 | Merger/Acquisition | Energy Production |
Electric Hydrogen Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Ambient Fuels | New York, NY | 2021 |
Electric Hydrogen FAQs
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When was Electric Hydrogen founded?
Electric Hydrogen was founded in 2020.
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Where is Electric Hydrogen headquartered?
Electric Hydrogen is headquartered in Devens, MA.
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What is the size of Electric Hydrogen?
Electric Hydrogen has 292 total employees.
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What industry is Electric Hydrogen in?
Electric Hydrogen’s primary industry is Alternative Energy Equipment.
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Is Electric Hydrogen a private or public company?
Electric Hydrogen is a Private company.
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What is Electric Hydrogen’s current revenue?
The current revenue for Electric Hydrogen is .
-
How much funding has Electric Hydrogen raised over time?
Electric Hydrogen has raised $779M.
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Who are Electric Hydrogen’s investors?
U.S. Department of Energy, Hercules Capital (San Mateo), BP Ventures (London), Fatima Group, and Fortescue Future Industries are 5 of 26 investors who have invested in Electric Hydrogen.
-
Who are Electric Hydrogen’s competitors?
Plug Power, Nel (Alternative Energy Equipment), ITM Power, and Ohmium are competitors of Electric Hydrogen.
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