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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
Energy, CleanTech, Clean Energy, Industrial
2020
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.
Funding Rounds
7
4
0
$798.3M
Details
3
Electric Hydrogen has raised a total of $798.3M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Early Stage Venture | 24.0M | ||
2022 | Early Stage Venture | 198.0M | ||
2023 | Late Stage Venture | 380.0M |
Investors
Electric Hydrogen is funded by 62 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Hercules Capital | - | FUNDING ROUND - Hercules Capital | 100.0M |
JP Morgan | - | FUNDING ROUND - JP Morgan | 100.0M |
Electric Hydrogen | - | FUNDING ROUND - Electric Hydrogen | 100.0M |
Stifel Venture Banking and Lending Group | - | FUNDING ROUND - Stifel Venture Banking and Lending Group | 100.0M |
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