# H2SITE funding: rounds and investors

> H2SITE has raised $3.9M across 2 rounds since 2025. Investors include EIC Accelerator, Breakthrough Energy and MassMutual Ventures. Every round with its source.

Source: https://millionrounds.com/company/h2site (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *H2SITE*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$3.9M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Grant, $3.9M Sept 2026
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**?** Venture

**$3.9M** Grant

- **First round:** Venture
- **Biggest round:** $3.9M
- **Between rounds:** 14 months

## The rounds

- **Sept 2026** Grant **$3.9M** *3 returning* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [MassMutual Ventures](https://millionrounds.com/fund/massmutual-ventures) Source recorded
- **Jul 2025** Venture **Amount undisclosed** *3 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [MassMutual Ventures](https://millionrounds.com/fund/massmutual-ventures) Source recorded

## Founders and team

From H2SITE's own website: 10 on the team.

- **Andrés Galnares** Chief Executive Officer
- **Javier Cavada** Head of the Board
- **Mitsubishi Power** Head of the Board
- **Allegra Kowalewsky-Ferreira** Partner
- **Gaëtan Bonhomme** Partner
- **Gorka Hermoso** Financial Director
- **Johann Boukhors** Managing Director
- **Jon Meléndez** Technical Director
- **Jose Antonio Medrano** Technical Director
- **Kjersti Reinsnos** Managing Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2025 **Grant** 2026 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [MassMutual Ventures](https://millionrounds.com/fund/massmutual-ventures)

## Everyone who backed them

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **2** rounds

[Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **2** rounds

[MassMutual Ventures](https://millionrounds.com/fund/massmutual-ventures) VC firm **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=h2site).

## Also claim to have backed them

These 2 firms list H2SITE as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Calderion](https://millionrounds.com/fund/calderion) VC firm Per its own site

[Engie New Ventures](https://millionrounds.com/fund/engie-new-ventures) Corporate VC Per its own site

## Quick answers about H2SITE

### Who invested in H2SITE?

H2SITE's investors include EIC Accelerator, Breakthrough Energy and MassMutual Ventures.

### How much has H2SITE raised?

H2SITE has raised $3.9M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did H2SITE last raise?

H2SITE's most recent round was a Grant of $3.9M in Sept 2026.

### What was H2SITE's biggest round?

Its most recent round, $3.9M in Sept 2026, is also its largest on record.

### Who backed H2SITE first?

H2SITE's first round on record, in Jul 2025, was backed by EIC Accelerator, Breakthrough Energy and MassMutual Ventures.

### What stage is H2SITE at?

H2SITE's latest named round is a Grant, in Sept 2026.

### Where is H2SITE based?

H2SITE is based in Spain.

## Companies like H2SITE

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

[**HelmX Co.** $150K · Aug 2026](https://millionrounds.com/company/helmx-co)[**Energiot** $1.7M · Jun 2026](https://millionrounds.com/company/energiot)[**XFuel** $41M · May 2026](https://millionrounds.com/company/xfuel)[**IONLY** $1.4M · Mar 2026](https://millionrounds.com/company/ionly)[**COX Group** $2.6B · Jan 2026](https://millionrounds.com/company/cox-group)[**Clevergy** $3.7M · Oct 2025](https://millionrounds.com/company/clevergy)

## Find investors like these

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