# Hydrogen Investors Map 2026: 38 Investors Backing Hydrogen Startups > The 38 investors that have backed two or more hydrogen startups worldwide, by kind: VC firms, government funds and accelerators and more. Source: https://millionrounds.com/market-maps/hydrogen-investors-map (Millionrounds; every figure on the page links to its filing or article) ## VC firms 19 - [*EC* European Commission](https://millionrounds.com/fund/european-commission) - [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) - [*AR* Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) - [K Fund](https://millionrounds.com/fund/kfund) - [Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) - [IP Group](https://millionrounds.com/fund/ip-group) - [DSC Investment](https://millionrounds.com/fund/dsc-investment) - [*EA* Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) - [Antler](https://millionrounds.com/fund/antler) - [Techstars](https://millionrounds.com/fund/techstars) - [Artis Ventures (AV)](https://millionrounds.com/fund/artis-ventures-av) - [Fidelity](https://millionrounds.com/fund/fidelity) - [DAG Ventures](https://millionrounds.com/fund/dag-ventures) - [Go Capital](https://millionrounds.com/fund/go-capital) - [Crowdcube](https://millionrounds.com/fund/crowdcube) - [Innovate UK](https://millionrounds.com/fund/innovate-uk) - [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) - [*SD* Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) - [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) ## Government funds 10 - [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) - [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) - [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) - [European Union](https://millionrounds.com/fund/european-union) - [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) - [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) - [*AG* Australian Government](https://millionrounds.com/fund/australian-government) - [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) - [Advanced Propulsion Centre UK](https://millionrounds.com/fund/advanced-propulsion-centre-uk) - [Bpifrance](https://millionrounds.com/fund/bpifrance) ## Accelerators 6 - [Cleantech Open](https://millionrounds.com/fund/cleantech-open) - [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) - [Startupbootcamp Australia](https://millionrounds.com/fund/startupbootcamp-australia) - [Venture Kick](https://millionrounds.com/fund/venture-kick) - [Y Combinator](https://millionrounds.com/fund/y-combinator) - [MassChallenge](https://millionrounds.com/fund/masschallenge) ## Corporate investors 3 - [Axon Partners Group](https://millionrounds.com/fund/axon-partners-group) - [Kickfund](https://millionrounds.com/fund/kickfund) - [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) ## Segment by segment ### VC firms 19 investors - [*EC* **European Commission**](https://millionrounds.com/fund/european-commission) VC firm Belgium 6 backed - [**EIT InnoEnergy**](https://millionrounds.com/fund/innoenergy) VC firm Netherlands 4 backed - [*AR* **Australian Renewable Energy Agency (ARENA)**](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Investment firm Australia 3 backed - [**K Fund**](https://millionrounds.com/fund/kfund) VC firm Spain 3 backed - [**Alberta Innovates**](https://millionrounds.com/fund/alberta-innovates) Investment firm Canada 3 backed - [**IP Group**](https://millionrounds.com/fund/ip-group) VC firm United Kingdom 2 backed - [**DSC Investment**](https://millionrounds.com/fund/dsc-investment) VC firm South Korea 2 backed - [*EA* **Export and Investment Fund**](https://millionrounds.com/fund/export-and-investment-fund) VC firm - 2 backed ### Government funds 10 investors - [**US Department of Energy**](https://millionrounds.com/fund/u-s-department-of-energy) Government fund United States 5 backed - [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 4 backed - [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 4 backed - [**European Union**](https://millionrounds.com/fund/european-union) Government fund United Kingdom 3 backed - [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 3 backed - [**EASME - EU Executive Agency for SMEs**](https://millionrounds.com/fund/easme-eu-executi) Government fund Belgium 2 backed - [*AG* **Australian Government**](https://millionrounds.com/fund/australian-government) Government fund - 2 backed - [**Scottish Enterprise**](https://millionrounds.com/fund/scottish-enterprise) Government fund United Kingdom 2 backed ### Accelerators 6 investors - [**Cleantech Open**](https://millionrounds.com/fund/cleantech-open) Accelerator United States 3 backed - [**Berkeley SkyDeck**](https://millionrounds.com/fund/berkeley-skydeck) Accelerator United States 2 backed - [**Startupbootcamp Australia**](https://millionrounds.com/fund/startupbootcamp-australia) Accelerator Australia 2 backed - [**Venture Kick**](https://millionrounds.com/fund/venture-kick) Accelerator Switzerland 2 backed - [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 2 backed - [**MassChallenge**](https://millionrounds.com/fund/masschallenge) Accelerator United States 2 backed ### Corporate investors 3 investors - [**Axon Partners Group**](https://millionrounds.com/fund/axon-partners-group) Corporate investor Spain 3 backed - [**Kickfund**](https://millionrounds.com/fund/kickfund) Corporate investor Switzerland 2 backed - [**Aramco Ventures**](https://millionrounds.com/fund/aramco-ventures) Corporate investor Saudi Arabia 2 backed **How 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 maps](https://millionrounds.com/market-maps) [Market map **Hydrogen market map** 127 startups · 5 segments · $5.3B](https://millionrounds.com/market-maps/hydrogen-market-map)[New wave **New hydrogen startups, founded 2020 on** 49 startups · 5 segments · $1.5B](https://millionrounds.com/market-maps/new-hydrogen-startups-market-map)[Raised in 2026 **Hydrogen startups that raised in 2026** 26 startups · 4 segments · $1.4B](https://millionrounds.com/market-maps/hydrogen-raised-2026-market-map)[Market map · Europe **Hydrogen market map: Europe** 61 startups · 5 segments · $2.1B](https://millionrounds.com/market-maps/hydrogen-europe-market-map)[Market map · United States **Hydrogen market map: United States** 35 startups · 5 segments · $2.4B](https://millionrounds.com/market-maps/hydrogen-united-states-market-map)[Market map · United Kingdom **Hydrogen market map: United Kingdom** 18 startups · 4 segments · $949M](https://millionrounds.com/market-maps/hydrogen-united-kingdom-market-map) ## Who backs hydrogen? Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports. [Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)