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Chevron, Trafigura And Papé Group Close Investment In Downstream Hydrogen Business Oneh2

Sep 06, 2023•about 2 years ago

LongviewOil And GasGovernmentEnergy

Investors

ChevronThe Papé GroupTrafiguraChevron U.S.A. Inc.

Description

Hydrogen distribution and fueling business OneH2 has closed its latest funding round with investments led by Chevron U.S.A. Inc. and current investors Trafigura and The Papé Group. Terms of the transactions were not disclosed.

Company Information

Company

OneH2

Location

Longview, North Carolina, United States

About

Based in Longview, NC, OneH2 is a leader in hydrogen solutions, providing holistic production, delivery, and equipment maintenance services for hydrogen fuel. OneH2 produces and delivers hydrogen fuel across the U.S. and maintains a growing network of on-site hydrogen generators and delivery locations. OneH2 offers scalable end-to-end hydrogen fuel solutions that enable emission-free mobility operations, including hydrogen buy-back programs and custom configurations to suit each business’s needs.

FundzWatch™ Score

Medium Activity

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers