Recent Funding Boost Electric Hydrogen has recently secured significant funding totaling $298.4M from various investors and financing sources, indicating a strong financial backing to support expansion and growth initiatives.
US Department of Energy Support The company's collaboration with the U.S. Department of Energy has resulted in substantial support, with investments and tax credits amounting to $134.4M, showcasing recognition and backing from a government agency.
Strategic Technology Partnerships Electric Hydrogen has formed tech partnerships with industry leaders like AES Corporation, strengthening its technological capabilities and market positioning to offer cutting-edge solutions to potential clients.
Massive Gigafactory Expansion The company's plans to scale its manufacturing operations at a gigafactory in Devens, MA, with investments exceeding $115M from Trinity Capital, signify significant capacity expansion and production capabilities catering to a broader client base.
Competitive Market Positioning In a landscape with similar companies like Nel Hydrogen and Ballard Power Systems, Electric Hydrogen's financial stability, technological prowess, and strategic partnerships place it in a competitive position to seize market share and standout among competitors.
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539$100M$1BElectric Hydrogen uses 8 technology products and services including Microsoft Excel, Ionicons, jQuery Migrate, and more. Explore Electric Hydrogen's tech stack below.
| Electric Hydrogen Email Formats | Percentage |
| First@eh2.com | 44% |
| FLast@eh2.com | 10% |
| Last@eh2.com | 2% |
| First@eh2.com | 44% |
Industrial Machinery ManufacturingMassachusetts, United States201-500 Employees
Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to produce the lowest cost green hydrogen. The company's 100MW Plant enables critical industries to achieve their climate objectives by making green hydrogen an economic inevitability.
Company Overview
Funding & FinancialsElectric Hydrogen has raised a total of $100M of funding over 7 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $100M.
Electric Hydrogen's revenue is in the range of $10M$50M
Funding & FinancialsElectric Hydrogen has raised a total of $100M of funding over 7 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $100M.
Electric Hydrogen's revenue is in the range of $10M$50M
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