# H2, Inc.: Semiconductors, South Korea

> H2, Inc.: H2, Inc. is an advanced energy storage company based in South Korea, founded in 2010 and headquartered in Daejeon, with additional locations in...

Source: https://millionrounds.com/startup/h2-inc (Millionrounds; every figure on the page links to its filing or article)

South Korea · [Semiconductors startup](https://millionrounds.com/companies)

# H2, Inc.

H2, Inc. is an advanced energy storage company based in South Korea, founded in 2010 and headquartered in Daejeon, with additional locations in Seoul and Chungcheongnam-do.

Email

Funding reported Last round: Series C

Semiconductors South Korea

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Company summary

- **Founded:** 2010 16 years old
- **Team:** 10 1 to 10 people
- **Funding reported:** 47.7B as listed, currency not stated
- **Last round:** Series C Jan 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for H2, Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About H2, Inc.

H2, Inc. is an advanced energy storage company based in South Korea, founded in 2010 and headquartered in Daejeon, with additional locations in Seoul and Chungcheongnam-do.

The company specializes in developing and commercializing vanadium redox flow battery-based energy storage systems designed for cleaner, long-duration, large-scale power applications. H2, Inc. focuses on designing, manufacturing, and selling redox flow battery systems and related energy storage solutions. Their technology supports renewable energy integration, microgrids, utility-scale storage, and telecom towers. The company also offers engineering services tailored to customer needs, aiming to reduce CO2 emissions and enhance energy efficiency. Their flagship product, EnerFLOW, is a scalable flow battery energy storage system suitable for various applications, including power generation and grid operation. H2, Inc. is committed to advancing sustainable technology to increase the availability of cleaner energy.

## What company datasets say H2, Inc. raised

Funding, as reported

Reported in all **47.7B** in the source's currency

Rounds **5**

Last round **Series C**

Last round size **16M**

Last round date **Jan 2023**

Investors listed **14**

## The company, in detail

What they build

Known for

hardware energy storage oil & energy ess semiconductors b2b renewable integration redox flow battery renewable energy semiconductor manufacturing

Built with from their website

Google Workspace Google Meet J2EE Nginx Gmail

- **Sector:** Semiconductors
- **Industry code:** NAICS 335910, SIC 3691
- **Region:** Daejeon
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/h2)

## Semiconductors in South Korea

Startups like it

- [**Rebellions** Seoul · founded 2020 *Raised*](https://millionrounds.com/company/rebellions)
- [**XCENA** Seongnam-si · founded 2022 *Raised*](https://millionrounds.com/company/xcena)
- [**FuriosaAI** Seoul · founded 2017](https://millionrounds.com/startup/furiosaai)
- [**TRinno Technology** Anyang · founded 2008](https://millionrounds.com/startup/trinno-technology)
- [**CoAsia Nexell** founded 2009](https://millionrounds.com/startup/coasia-nexell)
- [**Powercubesemi,Inc** Seongnam-si · founded 2013](https://millionrounds.com/startup/powercubesemi-inc)
- [**Baum Design Systems** founded 2018](https://millionrounds.com/startup/baum-design-systems)
- [**WAVEPIA** Hwaseong-si · founded 2014](https://millionrounds.com/startup/wavepia)

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