H2Scan Announces Successful $70 Million Capital Raise
02/22/22, 12:30 PM
Location
valencia
Money raised
$70 million
H2scan, a world leader in providing hydrogen sensors for electricity utilities and industrial markets, today announced it has closed a $70 million capital raise, securing growth capital to underpin the company’s rapid expansion.
Company Info
Location
valencia, valencian community, spain
Additional Info
H2scan was founded in 2002, and has its headquarters, sales, production and marketing staff in Valencia, California. The company’s Gen 5 technology provides the most accurate, tolerant and affordable hydrogen sensors for a wide range of industrial leak detection and process gas monitoring markets including control systems, safety monitoring and alarm systems.
H2scan sensors are also used for electrical distribution reliability and are ideal for measuring hydrogen concentration in fuel cells, hydrolyzers and the hydrogen distribution pipelines to reduce carbon emissions.
H2scan’s customer base includes some of the largest manufacturing enterprises in the world including ABB, Siemens, GE Energy, Qualitrol, DOD, ExxonMobil, Shell, Chevron, Proctor & Gamble and more.
For more information, please visit http://www.h2scan.com.