# NovoHydrogen funding: rounds and investors

> NovoHydrogen has raised $20M across 1 round since 2023. Investors include Modern Energy. Every round with its source.

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

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

# Who invested in *NovoHydrogen*

One round we have observed, with the one investor 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 Climate Tech Energy

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2023, from 1 source

- **Latest round:** Round, $20M Oct 2023
- **Led by:** Modern Energy
- **Investors:** 1 (1 led)

See who backed them

## The rounds

- **Oct 2023** Round **$20M** [Modern Energy](https://millionrounds.com/fund/modern-energy) Lead Reported by Firms' own news pages SEC filing: $24M sold, first sale Sept 2023

## Everyone who backed them

[Modern Energy](https://millionrounds.com/fund/modern-energy) VC firm **1** round, led 1

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

## Also claim to have backed them

This firm lists NovoHydrogen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Sunfish Capital Partners](https://millionrounds.com/fund/sunfish-capital-partners) VC firm Per its own site

## Quick answers about NovoHydrogen

### Who invested in NovoHydrogen?

NovoHydrogen's investors include Modern Energy. Modern Energy led its latest round.

### How much has NovoHydrogen raised?

NovoHydrogen has raised $20M across 1 round since 2023.

### When did NovoHydrogen last raise?

NovoHydrogen's most recent round was an Undisclosed round of $20M in Oct 2023, led by Modern Energy.

### What was NovoHydrogen's biggest round?

Its most recent round, $20M in Oct 2023, is also its largest on record.

### Who backed NovoHydrogen first?

NovoHydrogen's first round on record, in Oct 2023, was backed by Modern Energy.

### What stage is NovoHydrogen at?

NovoHydrogen's latest named round is an Undisclosed round, in Oct 2023.

### Where is NovoHydrogen based?

NovoHydrogen is based in the United States.

### Who led NovoHydrogen's rounds?

Modern Energy led the Undisclosed round in 2023.

## Companies like NovoHydrogen

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)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)

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