# HyAxiom, Inc.: Renewable Energy Equipment Manufacturing, East Hartford, United States

> HyAxiom, Inc.: HyAxiom, Inc. is a leading global fuel cell and hydrogen solutions provider, enabling reliable, cost-competitive and carbon-free energy...

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

United States · [Renewable Energy Equipment Manufacturing startup](https://millionrounds.com/companies)

# HyAxiom, Inc.

HyAxiom, Inc. is a leading global fuel cell and hydrogen solutions provider, enabling reliable, cost-competitive and carbon-free energy sources for industrial and commercial uses.

Funding reported Last round: Private equity

Renewable Energy Equipment Manufacturing East Hartford, United States

Company summary

- **Founded:** 2014 12 years old
- **Team:** 241 201 to 1,000 people
- **Funding reported:** $150M in dollars
- **Last round:** Private equity Jul 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 HyAxiom, 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 HyAxiom, Inc.

HyAxiom, Inc. is a leading global fuel cell and hydrogen solutions provider, enabling reliable, cost-competitive and carbon-free energy sources for industrial and commercial uses.

Building upon decades of experience in fuel cell development, HyAxiom’s mission is to accelerate a sustainable energy future by delivering a full spectrum of hydrogen solutions including fuel cells for both stationary and mobility applications as well as electrolyzers for hydrogen production. As a core technology provider, HyAxiom is a key pillar in the Doosan Group’s hydrogen vision. HyAxiom’s PureCell®, which is based on proprietary phosphoric acid fuel cell (PAFC) technology, is the only commercially operating stationary fuel cell system running solely on hydrogen, today. Our headquarters are located in East Hartford, Connecticut and we manufacture in South Windsor, Connecticut. WE ARE ACTIVELY SEEKING NEW TALENT TO JOIN OUR TEAM. Please visit our website to review the open positions: https://jobs.doosan.com/go/CSB_Jobs-%40-Doosan-Corporation/7866400/

## What company datasets say HyAxiom, Inc. raised

Funding, as reported

Reported in all **$150M** in dollars

Rounds **1**

Last round **Private equity**

Last round date **Jul 2023**

Investors listed **4**

## Founders and team

From HyAxiom, Inc.'s own website: 7 on the team.

- **Doo Soon Lee** Chief Executive Officer
- **Edward Kim** Chief Legal Officer
- **Sridhar Kanuri** Chief Operating Officer
- **Tim Purtell** Chief Financial Officer
- **Travis Douglas** Chief Commercial Officer
- **Brian Chakulski** VP of R&D, Engineering
- **Rakshit Gupta** VP of Strategy, Business Development

## On a portfolio page

Investors who name them

- [Doosan Group](https://millionrounds.com/fund/doosan-group)

Each firm lists HyAxiom, Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Renewable Energy Equipment Manufacturing in United States

Startups like it

- [**Viking Cold Solutions** Houston · founded 2007](https://millionrounds.com/startup/viking-cold-solutions)
- [**Gridscape Solutions** Fremont · founded 2012](https://millionrounds.com/startup/gridscape-solutions)
- [**Chomp** Seattle · founded 2013](https://millionrounds.com/startup/chomp-4)
- [**Jackery** Fremont · founded 2012](https://millionrounds.com/startup/jackery)
- [**Koolbridge Energy Inc** Wilmington · founded 2013](https://millionrounds.com/startup/koolbridge-energy-inc)

## Is this your company?

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