Fundz

Clean Energy Startup Electric Hydrogen Raises $380 Million In Latest Funding Round

PRIVATEOct 03, 2023

Amount Raised

$380 Million

Round Type

Funding Round

BostonManufacturingEnergySoftware

Description

Hydrogen startup Electric Hydrogen (EH2) said on Tuesday it has raised $380 million in an oversubscribed Series C financing round. The funding was led by Fortescue, Fifth Wall and Energy Impact Partners and included new investors BP Ventures, Oman Investment Authority, Temasek, Microsoft's Climate Innovation Fund, the United Airlines Sustainable Flight Fund among others.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisit The company did not immediately respond to request for details on the valuation at which the amount was raised. EH2 has raised over $600 million since its founding in 2020. Green hydrogen is touted as the clean-energy alternative to existing fossil fuels and major corporates are investing millions in an attempt to decarbonizing their operations, fleets and factories

Quick answer

Electric Hydrogen raised $380 Million in a Funding Round round, dated October 3, 2023. Electric Hydrogen is based in Boston, Massachusetts, United States.

How much did Electric Hydrogen raise?
Electric Hydrogen raised $380 Million in a Funding Round round on October 3, 2023.
What does Electric Hydrogen do?
Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today.
Where is Electric Hydrogen based and how big is it?
Electric Hydrogen is based in Boston, Massachusetts, United States. Fundz records about 342 employees.
Who are the decision-makers at Electric Hydrogen?
Fundz holds 2 contacts at Electric Hydrogen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Manufacturing around the same time

Companies in the same sectors as Electric Hydrogen that raised within 45 days of this round, from Fundz verified event records.

  • Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.
  • Efenco raised $4.9M (Seed) on November 16, 2023.
  • Osaro, Inc. raised $18M on November 16, 2023.
  • OCOchem raised $5M (Seed) on November 15, 2023.
  • Keychain raised $18M (Funding Round) on November 14, 2023.
  • Divergent raised $230M (Series D) on November 13, 2023.

Who to call at Electric Hydrogen, and when

A new round usually means Electric Hydrogen is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Electric Hydrogen raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Electric Hydrogen, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Electric Hydrogen. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Electric Hydrogen

Location

Boston, Massachusetts, United States

About

Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today. The company’s complete HYPRPlant includes all system components required to turn water and electricity into the lowest cost clean hydrogen. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Electric Hydrogen raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Predictive Intelligence
Strategic

ML-powered predictions for Electric Hydrogen's next move

See what Strategic adds

Electric Hydrogen raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.