# Hydrogen Market Map United States 2026: 35 Startups in 5 Segments

> 35 hydrogen startups in the United States, mapped in 5 segments: fuel cells, electrolysers and green hydrogen projects and more.

Source: https://millionrounds.com/market-maps/hydrogen-united-states-market-map (Millionrounds; every figure on the page links to its filing or article)

## Fuel cells

13

- [ClearEdge Power](https://millionrounds.com/company/clearedge-power)
- [Nikola Motor Company](https://millionrounds.com/company/nikola-motor-company)
- [Watt Fuel Cell](https://millionrounds.com/company/watt-fuel-cell)
- [Oorja Fuel Cells](https://millionrounds.com/company/oorja-fuel-cells)
- [Proof Energy](https://millionrounds.com/company/proof-energy)
- [Steelhead Composites](https://millionrounds.com/company/steelhead-composites)
- [Teragen Energy](https://millionrounds.com/company/teragen-energy)
- [Redox Power Systems](https://millionrounds.com/company/redox-power-systems)
- [Celadyne Technologies](https://millionrounds.com/company/celadyne-technologies)
- [Hyzon Motors](https://millionrounds.com/company/hyzon-motors)
- [SAFCell](https://millionrounds.com/company/safcell)
- [*VE* Vega Energy Systems](https://millionrounds.com/company/vega-energy-systems)
- [*UR* Urban Renewable H2](https://millionrounds.com/company/urban-renewable-h2)

## Electrolysers

9

- [Electric Hydrogen](https://millionrounds.com/company/electric-hydrogen)
- [EvolOH](https://millionrounds.com/company/evoloh)
- [Power to Hydrogen](https://millionrounds.com/company/power-to-hydrogen)
- [Versogen](https://millionrounds.com/company/versogen)
- [Peregrine Hydrogen](https://millionrounds.com/company/peregrine-hydrogen)
- [OCOchem](https://millionrounds.com/company/ocochem)
- [Advanced Ionics](https://millionrounds.com/company/advanced-ionics)
- [1s1 Energy](https://millionrounds.com/company/1s1-energy)
- [Tobe Energy](https://millionrounds.com/company/tobe-energy)

## Green hydrogen projects

6

- [Ambient Fuels](https://millionrounds.com/company/ambient-fuels)
- [Vema Hydrogen](https://millionrounds.com/company/vema-hydrogen)
- [Phase Two Chemicals](https://millionrounds.com/company/phase-two-chemicals)
- [Thiozen](https://millionrounds.com/company/thiozen)
- [Ecolectro](https://millionrounds.com/company/ecolectro)
- [PCC Hydrogen](https://millionrounds.com/company/pcc-hydrogen)

## Storage and transport

4

- [EnerVenue](https://millionrounds.com/company/enervenue)
- [BayoTech](https://millionrounds.com/company/bayotech)
- [*V* Verne](https://millionrounds.com/company/verne)
- [Arculus Solutions](https://millionrounds.com/company/arculus-solutions)

## Hydrogen mobility

3

- [Bloom Energy](https://millionrounds.com/company/bloom-energy)
- [Hype](https://millionrounds.com/company/hype)
- [Colibriv](https://millionrounds.com/company/colibriv)

## Segment by segment

### Fuel cells

13 startups · $397M raised

- [**ClearEdge Power**](https://millionrounds.com/company/clearedge-power) ClearEdge Power was a fuel cell manufacturer founded in 2003, known for its clean and efficient stationary fuel cell energy solutions. United States $151M
- [**Nikola Motor Company**](https://millionrounds.com/company/nikola-motor-company) Nikola Motor Company manufactures heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. United States $100M
- [**Watt Fuel Cell**](https://millionrounds.com/company/watt-fuel-cell) WATT Fuel Cell is a privately held American company founded in 2010, based in Mount Pleasant, Pennsylvania. United States $82M
- [**Oorja Fuel Cells**](https://millionrounds.com/company/oorja-fuel-cells) Oorja Fuel Cells is a global energy company that designs, manufactures, and commercializes Direct Methanol Fuel Cells (DMFC). United States $21M
- [**Proof Energy**](https://millionrounds.com/company/proof-energy) We are revolutionizing power generation using readily available renewable fuels. United States $12M
- [**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 $7.1M
- [**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
- [**Redox Power Systems**](https://millionrounds.com/company/redox-power-systems) Redox is a solid oxide fuel cell company that provides on-demand, clean energy at a price point that competes with traditional power. United States $5.0M

### Electrolysers

9 startups · $175M raised

- [**Electric Hydrogen**](https://millionrounds.com/company/electric-hydrogen) Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels. United States $100M
- [**EvolOH**](https://millionrounds.com/company/evoloh) EVOLOH is a cleantech company based in Santa Clara, California, founded in April 2020. United States $20M
- [**Power to Hydrogen**](https://millionrounds.com/company/power-to-hydrogen) Power to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals. United States $18M
- [**Versogen**](https://millionrounds.com/company/versogen) Versogen is a private cleantech company based in Delaware, focused on developing anion exchange membrane (AEM) electrolyzer techno United States $15M
- [**Peregrine Hydrogen**](https://millionrounds.com/company/peregrine-hydrogen) Peregrine Hydrogen is a climate technology company based in Santa Cruz, California, founded in 2023. United States $7.5M
- [**OCOchem**](https://millionrounds.com/company/ocochem) OCOchem is a clean technology startup based in Richland, Washington, founded in 2017. United States $7.1M
- [**Advanced Ionics**](https://millionrounds.com/company/advanced-ionics) Advanced Ionics is a climate-tech company based in New Berlin, Wisconsin, founded in 2017. United States $6.7M
- [**1s1 Energy**](https://millionrounds.com/company/1s1-energy) 1s1 Energy is a private cleantech startup founded in 2019, focused on developing advanced Proton Exchange Membrane (PEM) electroly United States $1.4M

### Green hydrogen projects

6 startups · $281M raised

- [**Ambient Fuels**](https://millionrounds.com/company/ambient-fuels) Ambient Fuels is a green energy developer that delivers green hydrogen solutions. United States $250M
- [**Vema Hydrogen**](https://millionrounds.com/company/vema-hydrogen) Vema Hydrogen is a pioneering clean hydrogen production company. United States $13M
- [**Phase Two Chemicals**](https://millionrounds.com/company/phase-two-chemicals) Phase Two Chemicals specializes in clean chemistry and industrial electrochemistry, focusing on on-site, on-demand hydrogen peroxi United States $12M
- [**Thiozen**](https://millionrounds.com/company/thiozen) Thiozen develops novel hydrogen gas production technology designed to reduce greenhouse gases. United States $3.2M
- [**Ecolectro**](https://millionrounds.com/company/ecolectro) Bringing scalable, low-cost, clean green hydrogen energy to the very near future. United States $2.3M
- [**PCC Hydrogen**](https://millionrounds.com/company/pcc-hydrogen) PCC Hydrogen is a green hydrogen production company that converts environmentally friendly ethanol into high-purity green hydrogen. United States $844K

### Storage and transport

4 startups · $594M raised

- [**EnerVenue**](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. United States $312M
- [**BayoTech**](https://millionrounds.com/company/bayotech) BayoTech sites hydrogen production close to demand and distributes it to consumers via high-pressure gas transport and storage equipment. United States $170M
- [*V* **Verne**](https://millionrounds.com/company/verne) Verne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system. United States $110M
- [**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

### Hydrogen mobility

3 startups · $973M raised

- [**Bloom Energy**](https://millionrounds.com/company/bloom-energy) Bloom Energy empowers businesses and communities to responsibly take charge of their energy. United States $960M
- [**Hype**](https://millionrounds.com/company/hype) Hype is a French company focused on zero-emission hydrogen mobility, primarily serving the urban taxi market. United States $11M
- [**Colibriv**](https://millionrounds.com/company/colibriv) A new era is being born in the world of aviation with the creation of hydrogen aircraft will help us achieve sustainability. United States $2.6M

**How this map is made.** Every startup here has raised money in rounds we track, and is based in United States. 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 best-funded 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)[Market map · Europe **Hydrogen market map: Europe** 61 startups · 5 segments · $2.1B](https://millionrounds.com/market-maps/hydrogen-europe-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)[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 · 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?

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