Electric Hydrogen

Electric Hydrogen

Signal active

Organization

Contact Information

Overview

Electric Hydrogen (EH2) is a deep decarbonization company building low-cost, high-efficiency, fossil-free hydrogen systems. Industrial sectors like ammonia and steel production account for a third of global GHGs and will require fossil-free hydrogen at cost parity to eliminate CO2 emissions. Electric Hydrogen is rethinking electrolysis from the ground up to compete with dirty hydrogen on cost and scale. The company's technology brings hydrogen solutions to industry, infrastructure, freight and beyond.

The experience of Electric Hydrogen's leadership team at revolutionary clean energy companies like Tesla and First Solar makes EH2 a qualified hydrogen company to break through today’s barriers of efficiency and cost to make measurable progress toward a zero-emission industrial sector in this decade.

About

Industries

Energy, CleanTech, Clean Energy, Industrial

Founded

2020

Employees

251-500

Headquarters locations

Natick, Massachusetts, United States, North America

Social

Profile Resume

Electric Hydrogen headquartered in United States, North America, operates in the Energy, CleanTech, Clean Energy, Industrial sector. The company focuses on Energy and has secured $89.4B in funding across 112 round(s). With a team of 251-500 employees, Electric Hydrogen is actively contributing to advancements in Energy. Their latest funding round, Debt Financing - Electric Hydrogen, raised $100.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Dolly Singh

Dolly Singh

Sr. Advisor and Investor - Talent & People Operations

imagePlace Raffi Garabedian

Raffi Garabedian

CEO and Co-Founder

imagePlace Derek Warnick

Derek Warnick

Co-Founder & CFO

imagePlace Renata Naoumov

Renata Naoumov

Chief People Officer

Funding Rounds

Funding rounds

7

Investors

4

Lead Investors

0

Total Funding Amount

$798.3M

Details

3

Electric Hydrogen has raised a total of $798.3M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2021Early Stage Venture24.0M
2022Early Stage Venture198.0M
2023Late Stage Venture380.0M

Investors

Electric Hydrogen is funded by 62 investors.

Investor NameLead InvestorFunding RoundPartners
Hercules Capital-FUNDING ROUND - Hercules Capital100.0M
JP Morgan-FUNDING ROUND - JP Morgan100.0M
Electric Hydrogen-FUNDING ROUND - Electric Hydrogen100.0M
Stifel Venture Banking and Lending Group-FUNDING ROUND - Stifel Venture Banking and Lending Group100.0M

Recent Activity

News

May 24, 2024

Business Wire - Electric Hydrogen secures $100M credit facility from HSBC, J.P. Morgan, Stifel Bank and Hercules Capital to ...

News

May 24, 2024

Worcester Business Journal - In wake of Devens plant opening, Electric Hydrogen obtains $100M credit

News

May 16, 2024

Crunchbase News - Hydrogen Energy Is Getting A Heavy Infusion Of VC Funding

News

May 10, 2024

Worcester Business Journal - In wake of Devens plant opening, Electric Hydrogen obtains $100M credit

News

May 09, 2024

Business Wire - Electric Hydrogen secures $100M credit facility from HSBC, J.P. Morgan, Stifel Bank and Hercules Capital to decarbonize critical industries at scale

News

May 09, 2024

Worcester Business Journal - In wake of Devens plant opening, Electric Hydrogen obtains $100M credit