Fundz

Ohmium Announces Close Of $45 Million Series B Financing

PRIVATEApr 14, 2022

Amount Raised

$45 Million

Round Type

Series B

FremontEnergySustainabilityRenewable Energy

Description

Ohmium International, Inc., a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, announced the close of a $45 million Series B Financing today. Existing investor Fenice Investment Group led the round, with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium's rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to approximately two GW annually by the end of 2022. Ohmium's unique interlocking modular PEM electrolyzers provide a safer, modular, flexible, easy to install and maintain alternative to customized electrolyzers

Quick answer

Ohmium raised $45 Million in a Series B round, dated April 14, 2022. Ohmium is based in Fremont, California, United States.

How much did Ohmium raise?
Ohmium raised $45 Million in a Series B round on April 14, 2022.
What does Ohmium do?
Ohmium International enables industries to deploy green hydrogen for a sustainable future.
Where is Ohmium based and how big is it?
Ohmium is based in Fremont, California, United States.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

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

  • RE Royalties Ltd raised $1.3M (Seed) on May 26, 2022.
  • SinglePoint Inc. raised $707K (Seed) on May 11, 2022.
  • LG Energy Solution Ltd raised $1.4B on March 24, 2022.
  • RE Royalties Ltd raised $4.6M (Seed) on March 2, 2022.
  • Sunrock Distributed Generation raised $10M on May 27, 2022.
  • Natrion raised an undisclosed amount (Funding Round) on May 25, 2022.

Who to call at Ohmium, and when

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

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

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Company Information

Company

Ohmium

Location

Fremont, California, United States

About

Ohmium International enables industries to deploy green hydrogen for a sustainable future. The company's suite of electrochemical products enables customers to achieve maximum value in industrial, transportation, and energy projects. Ohmium is headquartered in the United States, with manufacturing in India and operations worldwide. For more information, please visit www.ohmium.com.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ohmium 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.

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