# Electric Hydrogen funding: rounds and investors

> Electric Hydrogen has raised $100M across 1 round since 2024. Investors include Temasek Holdings, HSBC and Fifth Wall. Every round with its source.

Source: https://millionrounds.com/company/electric-hydrogen (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Electric Hydrogen*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2024, from 1 source

- **Latest round:** Debt, $100M May 2024
- **Investors:** 5

See who backed them

## The rounds

- **May 2024** Debt **$100M** [Temasek Holdings](https://millionrounds.com/fund/temasek) [HSBC](https://millionrounds.com/fund/hsbc) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) [S2G Investments](https://millionrounds.com/fund/s2g-investments) [Hercules Capital](https://millionrounds.com/fund/hercules-capital) Source recorded

## Founders and team

From Electric Hydrogen's own website and the SEC filings it signed: 3 founders, 7 on the team.

**Raffi Garabedian** CEO and Co-founder *Named on its 2023 Form D*

**David Eaglesham** CTO and Founder *Named on its 2023 Form D*

**Derek Warnick** CFO and Co-founder *Named on its 2023 Form D*

- **Beth Deane** Chief Legal Officer
- **Renata Naoumov** Chief People Officer
- **Chris Shugart** VP Development
- **Yang Liu** VP Power and Infrastructure
- **Margaret Deane** Executive Officer i
- **Michael Leskinen** Team
- **United Airlines** Team

On the board, as filed i *David Danielson* *Dipender Saluja* *Gabriel Kra* *Mark Hutchinson* *Peter Gajdos* *Rich Hossfeld* *Shayle Kann*

## Everyone who backed them

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round

[Fifth Wall](https://millionrounds.com/fund/fifth-wall) VC firm **1** round

[S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth equity **1** round

[Hercules Capital](https://millionrounds.com/fund/hercules-capital) Venture debt **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=electric-hydrogen).

## Quick answers about Electric Hydrogen

### Who invested in Electric Hydrogen?

Electric Hydrogen's investors include Temasek Holdings, HSBC, Fifth Wall, S2G Investments and Hercules Capital.

### How much has Electric Hydrogen raised?

Electric Hydrogen has raised $100M across 1 round since 2024.

### When did Electric Hydrogen last raise?

Electric Hydrogen's most recent round was a Debt of $100M in May 2024.

### What was Electric Hydrogen's biggest round?

Its most recent round, $100M in May 2024, is also its largest on record.

### Who backed Electric Hydrogen first?

Electric Hydrogen's first round on record, in May 2024, was backed by Temasek Holdings, HSBC and Fifth Wall and 2 others.

### What stage is Electric Hydrogen at?

Electric Hydrogen's latest named round is a Debt, in May 2024.

### Where is Electric Hydrogen based?

Electric Hydrogen is based in the United States.

## Companies like Electric Hydrogen

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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