Investors map · Worldwide
Who invests in hydrogen
38 investors have backed two or more of the 127 hydrogen startups worldwide on our map, in rounds we track. Grouped by kind, each ranked by how many of these companies it has backed; the most active has backed 6.
38investors on the map
4kinds of investor
European Commissionbacked the most (6)
VC firmsmost common kind
VC firms
19- ECEuropean Commission
EIT InnoEnergy- ARAustralian Renewable Energy Agency (ARENA)
K Fund
Alberta Innovates
IP Group
DSC Investment- EAExport and Investment Fund
Antler
Techstars
Artis Ventures (AV)
Fidelity
DAG Ventures
Go Capital
Crowdcube
Innovate UK
Lifeline Ventures- SDSustainable Development Technology Canada
DNX Ventures
Segment by segment
VC firms
19 investors
- ECEuropean CommissionVC firmBelgium6 backed
- EIT InnoEnergyVC firmNetherlands4 backed
- ARAustralian Renewable Energy Agency (ARENA)Investment firmAustralia3 backed
- K FundVC firmSpain3 backed
- Alberta InnovatesInvestment firmCanada3 backed
- IP GroupVC firmUnited Kingdom2 backed
- DSC InvestmentVC firmSouth Korea2 backed
- EAExport and Investment FundVC firm-2 backed
Belgium
Netherlands
Australia
Spain
Canada
United Kingdom
South KoreaGovernment funds
10 investors
US Department of EnergyGovernment fundUnited States5 backed
European Investment BankGovernment fundLuxembourg4 backed
National Science FoundationGovernment fundUnited States4 backed
European UnionGovernment fundUnited Kingdom3 backed
EIC AcceleratorGovernment fundEuropean Union3 backed
EASME - EU Executive Agency for SMEsGovernment fundBelgium2 backed- AGAustralian GovernmentGovernment fund-2 backed
Scottish EnterpriseGovernment fundUnited Kingdom2 backed
United States
Luxembourg
European UnionAccelerators
6 investors
Cleantech OpenAcceleratorUnited States3 backed
Berkeley SkyDeckAcceleratorUnited States2 backed
Startupbootcamp AustraliaAcceleratorAustralia2 backed
Venture KickAcceleratorSwitzerland2 backed
Y CombinatorAcceleratorUnited States2 backed
MassChallengeAcceleratorUnited States2 backed
SwitzerlandCorporate investors
3 investors
Axon Partners GroupCorporate investorSpain3 backed
KickfundCorporate investorSwitzerland2 backed
Aramco VenturesCorporate investorSaudi Arabia2 backed
Saudi ArabiaHow this map is made. Every investor here has backed two or more startups on our hydrogen map, in rounds we track. Grouped by the kind of investor, each ranked by how many of these companies it has backed. Rebuilt nightly; updated 15 November 2026.
More market maps
All mapsMarket mapHydrogen market map127 startups · 5 segments · $5.3BNew waveNew hydrogen startups, founded 2020 on49 startups · 5 segments · $1.5BRaised in 2026Hydrogen startups that raised in 202626 startups · 4 segments · $1.4BMarket map · EuropeHydrogen market map: Europe61 startups · 5 segments · $2.1BMarket map · United StatesHydrogen market map: United States35 startups · 5 segments · $2.4BMarket map · United KingdomHydrogen market map: United Kingdom18 startups · 4 segments · $949M
Who backs hydrogen?
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