# Hydrogen Startups That Raised in 2026: Market Map of 26 Companies > The 26 hydrogen startups that raised money in 2026, mapped in 4 segments and ranked by this year's rounds: $1.4B between them. Updated nightly. Source: https://millionrounds.com/market-maps/hydrogen-raised-2026-market-map (Millionrounds; every figure on the page links to its filing or article) ## Green hydrogen projects 9 - [EverWind Fuels](https://millionrounds.com/company/everwind-fuels) - [Newtrace](https://millionrounds.com/company/newtrace) - [CPH2](https://millionrounds.com/company/cph2) - [CHARBONE](https://millionrounds.com/company/charbone) - [InterContinental Energy](https://millionrounds.com/company/intercontinental-energy) - [Caplyzer](https://millionrounds.com/company/caplyzer) - [Fibernex](https://millionrounds.com/company/fibernex) - [COOloop](https://millionrounds.com/company/cooloop) - [ROTOBOOST](https://millionrounds.com/company/rotoboost) ## Electrolysers 7 - [Hysata](https://millionrounds.com/company/hysata) - [Stargate Hydrogen](https://millionrounds.com/company/stargate-hydrogen) - [Greenzo Energy](https://millionrounds.com/company/greenzo-energy) - [Spiral Hydrogen](https://millionrounds.com/company/spiral-hydrogen) - [OCOchem](https://millionrounds.com/company/ocochem) - [HydrogenPro](https://millionrounds.com/company/hydrogenpro) - [HydGene Renewables](https://millionrounds.com/company/hydgene-renewables) ## Storage and transport 7 - [Atome Energy](https://millionrounds.com/company/atome-energy) - [EnerVenue](https://millionrounds.com/company/enervenue) - [HVR Energy](https://millionrounds.com/company/hvr-energy) - [Photoncycle](https://millionrounds.com/company/photoncycle) - [RFC Power](https://millionrounds.com/company/rfc-power) - [Arculus Solutions](https://millionrounds.com/company/arculus-solutions) - [Neology](https://millionrounds.com/company/neology) ## Fuel cells 3 - [Teragen Energy](https://millionrounds.com/company/teragen-energy) - [Steelhead Composites](https://millionrounds.com/company/steelhead-composites) - [Celadyne Technologies](https://millionrounds.com/company/celadyne-technologies) ## Segment by segment ### Green hydrogen projects 9 startups · $251M raised - [**EverWind Fuels**](https://millionrounds.com/company/everwind-fuels) EverWind Fuels developing new solar and wind farms to produce green hydrogen. Canada $234M - [**Newtrace**](https://millionrounds.com/company/newtrace) Newtrace Private Limited is a climate-tech and deep-tech startup based in Bengaluru, Karnataka, India, founded in 2021. India $6.2M - [**CPH2**](https://millionrounds.com/company/cph2) CPH2 is a developer and manufacturer of green hydrogen technologies. United Kingdom $4.6M - [**CHARBONE**](https://millionrounds.com/company/charbone) CHARBONE Corporation is a green hydrogen company focusing on ultra-high purity hydrogen and the distribution of industrial gases. Canada $3.7M - [**InterContinental Energy**](https://millionrounds.com/company/intercontinental-energy) InterContinental Energy develops green hydrogen fuel projects. Singapore $1.1M - [**Caplyzer**](https://millionrounds.com/company/caplyzer) Caplyzer is a Swedish deeptech startup founded in April 2022 at the KTH Royal Institute of Technology in Stockholm. Sweden $727K - [**Fibernex**](https://millionrounds.com/company/fibernex) Fibernex develops nanofiber materials to optimize green hydrogen production. Denmark $646K - [**COOloop**](https://millionrounds.com/company/cooloop) The hydrogen economy's bottleneck isn't production - it's profitable demand. United Kingdom $200K ### Electrolysers 7 startups · $81M raised - [**Hysata**](https://millionrounds.com/company/hysata) Hysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen. Australia $35M - [**Stargate Hydrogen**](https://millionrounds.com/company/stargate-hydrogen) Stargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy. Estonia $24M - [**Greenzo Energy**](https://millionrounds.com/company/greenzo-energy) Greenzo Energy manufactures electrolyzers and offers integrated green hydrogen generation solutions. India $14M - [**Spiral Hydrogen**](https://millionrounds.com/company/spiral-hydrogen) Spiral Hydrogen is a deep-tech startup based in Tartu, Estonia, founded in 2024. Netherlands $3.1M - [**OCOchem**](https://millionrounds.com/company/ocochem) OCOchem is a clean technology startup based in Richland, Washington, founded in 2017. United States $2.1M - [**HydrogenPro**](https://millionrounds.com/company/hydrogenpro) HydrogenPro designs, manufactures, and supplies high-pressure alkaline electrolyzers. Norway $1.5M - [**HydGene Renewables**](https://millionrounds.com/company/hydgene-renewables) On-site & on-demand green hydrogen from waste biomass, decarbonising the chemical industry - no electrolysis required. Australia $1.4M ### Storage and transport 7 startups · $1.0B raised - [**Atome Energy**](https://millionrounds.com/company/atome-energy) Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment. United Kingdom $665M - [**EnerVenue**](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. United States $300M - [**HVR Energy**](https://millionrounds.com/company/hvr-energy) HVR Energy is a Spanish company based in Madrid, founded in 2020. Spain $23M - [**Photoncycle**](https://millionrounds.com/company/photoncycle) Photoncycle is a renewable energy technology company based in Oslo Science Park, Norway. Norway $17M - [**RFC Power**](https://millionrounds.com/company/rfc-power) RFC Power is a global provider of long-duration energy storage solutions, focused on developing a low-cost hydrogen-manganese hybr United Kingdom $14M - [**Arculus Solutions**](https://millionrounds.com/company/arculus-solutions) Arculus Solutions is a cleantech company dedicated to enhancing hydrogen transportation through the retrofitting of natural gas in United States $2.0M - [**Neology**](https://millionrounds.com/company/neology) Neology Hydrogen SA is a Swiss energy technology company based in Lutry, founded in 2023. Switzerland $250K ### Fuel cells 3 startups · $7.0M raised - [**Teragen Energy**](https://millionrounds.com/company/teragen-energy) Teragen Energy develops advanced regenerative fuel cells, offering a versatile energy technology platform that generates power and United States $6.0M - [**Steelhead Composites**](https://millionrounds.com/company/steelhead-composites) Steelhead Composites is a provider of hydrogen storage solutions used to allow widespread zero-emission fuel cell electrification. United States $750K - [**Celadyne Technologies**](https://millionrounds.com/company/celadyne-technologies) Celadyne Technologies is an American energy materials company founded in 2018, focused on advancing hydrogen fuel cell technology United States $250K **How this map is made.** Every startup here has raised money in rounds we track, and raised in 2026. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in hydrogen, and goes to the first segment whose words it carries. Each segment shows its biggest raisers this year first. 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)[Investors map **Who invests in hydrogen** 38 investors · 4 segments](https://millionrounds.com/market-maps/hydrogen-investors-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)