# Stargate Hydrogen funding: rounds and investors

> Stargate Hydrogen has raised $24M across 2 rounds since 2025. Investors include European Commission. Every round with its source.

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

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

# Who invested in *Stargate Hydrogen*

2 rounds we have observed, with the one investor 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.

Climate Tech

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$24M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Grant, $24M Sept 2026
- **Investors:** 1

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

**$24M** Grant

- **First round:** Venture
- **Biggest round:** $24M
- **Between rounds:** 14 months

## The rounds

- **Sept 2026** Grant **$24M** *1 returning* [European Commission](https://millionrounds.com/fund/european-commission) Source recorded
- **Jul 2025** Venture **Amount undisclosed** *1 new* [European Commission](https://millionrounds.com/fund/european-commission) Source recorded

## Founders and team

From Stargate Hydrogen's own website: 4 on the team.

- **Marko Virkebau** CEO
- **Marc Gschwender** VP of Engineering
- **Rafael Pauli** VP of Sales
- **Timo Tamm** VP of Operations

## Everyone who backed them

[European Commission](https://millionrounds.com/fund/european-commission) VC firm **2** rounds

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

## Also claim to have backed them

This firm lists Stargate Hydrogen 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.

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

## Quick answers about Stargate Hydrogen

### Who invested in Stargate Hydrogen?

Stargate Hydrogen's investors include European Commission.

### How much has Stargate Hydrogen raised?

Stargate Hydrogen has raised $24M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Stargate Hydrogen last raise?

Stargate Hydrogen's most recent round was a Grant of $24M in Sept 2026.

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

Its most recent round, $24M in Sept 2026, is also its largest on record.

### Who backed Stargate Hydrogen first?

Stargate Hydrogen's first round on record, in Jul 2025, was backed by European Commission.

### What stage is Stargate Hydrogen at?

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

### Where is Stargate Hydrogen based?

Stargate Hydrogen is based in Estonia.

## Companies like Stargate Hydrogen

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

[**Aampere** $6.6M · Jul 2026](https://millionrounds.com/company/aampere)[**Yaga** $4.6M · Nov 2025](https://millionrounds.com/company/yaga)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**ZeroW** $417K · Oct 2026](https://millionrounds.com/company/zerow)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)

## Find investors like these

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