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Modern Electron announced it raised $32.8 Million in an initial filing from an offering of $32.8 Million

Mar 28, 2023over 2 years ago

Amount Raised

$32.8 Million

BothellSustainabilityEnergy

Company Information

Company

Modern Electron, Inc.

Location

18912 NORTH CREEK PKWY

Bothell, Washington, United States

About

Modern Electron is a cleantech company focused on heat & hydrogen. Our first solution decarbonizes gas use by converting customer’s gas to clean hydrogen onsite without CO2 emissions. Our second solution provides efficiency by transforming heat to power, saving money, and reducing carbon footprint, and providing resiliency in blackouts. Thus we can decarbonize the gas grid and enable widespread use of hydrogen, without requiring trillions and decades to build out hydrogen infrastructure. Our partners today include HVAC, utilities, biogas, and industrial manufacturing companies who rely on natural gas for heat & power and are looking for ways to reduce emissions quickly. Heat is 50% of final energy demand, so Modern Electron’s solutions are critical to meeting net zero climate goals.

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