Top list · Worldwide
Hydrogen startups worldwide
145 hydrogen startups worldwide have raised money in rounds we track. These are the 50 that have raised the most, $11B between them, with the United States the most common home.
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Fortescue Future IndustriesFortescue Future Industries is a green energy and product company committed to producing zero-emission hydrogen from renewable sources.Fortescue Future Industries is a green energy and product company committed to producing zero-emission hydrogen from renewable sources.
Founded 2020East Perth, Australia$2.0Blast round Oct 2025 - 2
Valar AtomicsValar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California.Valar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California.
Founded 2023El Segundo, United States$1.6Blast round Aug 2026 - 3
Wabash Valley ResourcesWabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.
Founded 2016West Terre Haute, United States$1.5Blast round Oct 2025 - 4
Bloom EnergyBloom Energy empowers businesses and communities to responsibly take charge of their energy.Bloom Energy empowers businesses and communities to responsibly take charge of their energy.
Founded 2001San Jose, United States$960Mlast round Jan 2015 - 5
The Appalachian Regional Clean Hydrogen HubARCH2's mission is to provide an interconnected, full value chain H2Hub solution.ARCH2's mission is to provide an interconnected, full value chain H2Hub solution.
Founded -Morgantown, United States$925Mlast round Jul 2024 - 6
Atome EnergyAtome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.
Founded -Leeds, United Kingdom$665Mlast round Apr 2026 - 7
WildFire EnergyWildfire Energy is an Australian cleantech startup focused on converting residual waste into renewable energy, hydrogen, and sustainable fuels using its proprieWildfire Energy is an Australian cleantech startup focused on converting residual waste into renewable energy, hydrogen, and sustainable fuels using its proprie
Founded 2016Petrie Terrace, United States$604Mlast round Jul 2026 - 8
EnerVenueEnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.
Founded 2020Fremont, United States$312Mlast round Mar 2026 - 9
SunfireSunfire GmbH is an industrial electrolysis company based in Dresden, Germany, founded in 2010 by Nils Aldag.Sunfire GmbH is an industrial electrolysis company based in Dresden, Germany, founded in 2010 by Nils Aldag.
Founded 2010Dresden, Germany$281Mlast round Mar 2024 - 10
ABO EnergyABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems.ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems.
Founded -Wiesbaden, Germany$279Mlast round Aug 2025 - 11
Ambient FuelsAmbient Fuels is a green energy developer that delivers green hydrogen solutions.Ambient Fuels is a green energy developer that delivers green hydrogen solutions.
Founded 2021New York, United States$250Mlast round May 2023 - 12
EverWind FuelsEverWind Fuels developing new solar and wind farms to produce green hydrogen.EverWind Fuels developing new solar and wind farms to produce green hydrogen.
Founded 2021Halifax, Canada$234Mlast round Jan 2026 - 13
Intelligent EnergyIntelligent Energy is a clean power systems company offering fuel cell and hydrogen generation technologies.Intelligent Energy is a clean power systems company offering fuel cell and hydrogen generation technologies.
Founded 2001Loughborough, United Kingdom$185Mlast round Feb 2023 - 14BayoTechBayoTech sites hydrogen production close to demand and distributes it to consumers via high-pressure gas transport and storage equipment.
BayoTech sites hydrogen production close to demand and distributes it to consumers via high-pressure gas transport and storage equipment.
Founded 2015United States$170Mlast round Jan 2021 - 15
HysataHysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen.Hysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen.
Founded -Wollongong, Australia$146Mlast round Sept 2026 - 16
InterContinental EnergyInterContinental Energy develops green hydrogen fuel projects.InterContinental Energy develops green hydrogen fuel projects.
Founded 2014Singapore, Singapore$116Mlast round Apr 2026 - 17
KolomaKoloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources.Koloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources.
Founded 2021Denver, United States$111Mlast round Oct 2026 - 18VerneVerne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system.
Verne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system.
Founded 2020Berkeley, United States$110Mlast round Apr 2024 - 19
Electric HydrogenElectric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels.Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels.
Founded 2020Devens, United States$100Mlast round May 2024 - 20
Rega EnergyREGA ENERGY is a Portuguese renewable energy company established in 2021, focused on developing, financing, building, owning, and operating biomethane and greenREGA ENERGY is a Portuguese renewable energy company established in 2021, focused on developing, financing, building, owning, and operating biomethane and green
Founded 2021Lisbon, Portugal$67Mlast round Jul 2023 - 21
GravitHyGravitHy is a French industrial company founded in June 2022, focused on producing low-carbon Direct Reduced Iron (DRI) and Hot-Briquetted Iron (HBI) using green hydrogen.GravitHy is a French industrial company founded in June 2022, focused on producing low-carbon Direct Reduced Iron (DRI) and Hot-Briquetted Iron (HBI) using green hydrogen.
Founded 2022Marseille, France$64Mlast round Mar 2025 - 22
Hy2genHY2GEN AG is a German renewable energy company based in Wiesbaden, specializing in the production of green hydrogen and hydrogen-based e-fuels.HY2GEN AG is a German renewable energy company based in Wiesbaden, specializing in the production of green hydrogen and hydrogen-based e-fuels.
Founded 2017Wiesbaden, Germany$54Mlast round Apr 2025 - 23
HiiROCHiiROC is a UK-based technology company founded in 2019 that specializes in producing low-cost, zero-emission clean hydrogen through its proprietary Thermal PlaHiiROC is a UK-based technology company founded in 2019 that specializes in producing low-cost, zero-emission clean hydrogen through its proprietary Thermal Pla
Founded 2019Hull, United Kingdom$53Mlast round Dec 2025 - 24
QuantronQuantron is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses, and vans.Quantron is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses, and vans.
Founded 2019Gersthofen, Germany$50Mlast round Sept 2022 - 25
EODevEODev creates and commercializes sustainable, dependable, and cost-effective hydrogen-based energy solutions.EODev creates and commercializes sustainable, dependable, and cost-effective hydrogen-based energy solutions.
Founded 2019Issy-les-moulineaux, France$50Mlast round Nov 2023 - 26
Hypersonix Launch SystemsHypersonix Launch Systems is an Australian aerospace engineering company based in Carole Park, Queensland, founded in 2019 by Dr.Hypersonix Launch Systems is an Australian aerospace engineering company based in Carole Park, Queensland, founded in 2019 by Dr.
Founded 2019Carole Park, Australia$46Mlast round Nov 2025 - 27
KoreKore Infrastructure refines the carbon in organic wastes into renewable natural gas, hydrogen, or power.Kore Infrastructure refines the carbon in organic wastes into renewable natural gas, hydrogen, or power.
Founded 2008New York, United States$40Mlast round Jul 2026 - 28
Mantle8Mantle8 is a European clean energy startup based in Grenoble, France, founded in 2024 by Emmanuel Masini.Mantle8 is a European clean energy startup based in Grenoble, France, founded in 2024 by Emmanuel Masini.
Founded -Grenoble, France$38Mlast round May 2026 - 29
HystarHystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production.Hystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production.
Founded 2021Oslo, Norway$36Mlast round May 2025 - 30
Spark CleantechSpark Cleantech is a French deeptech company founded in 2021 and based in Gif-sur-Yvette.Spark Cleantech is a French deeptech company founded in 2021 and based in Gif-sur-Yvette.
Founded 2022Gif-sur-Yvette, France$35Mlast round Dec 2025 - 31
HAMR EnergyHydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels.Hydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels.
Founded 2020Melbourne, Australia$32Mlast round Jul 2026 - 32
Pacific Northwest Hydrogen AssociationPacific Northwest Hydrogen Association aims to enhance lives by establishing a clean hydrogen ecosystem throughout the Pacific Northwest.Pacific Northwest Hydrogen Association aims to enhance lives by establishing a clean hydrogen ecosystem throughout the Pacific Northwest.
Founded 2022Seattle, United States$28Mlast round Jul 2024 - 33
Resato Hydrogen TechnologyResato Hydrogen Technology is a leading Dutch company specializing in sustainable hydrogen infrastructure.Resato Hydrogen Technology is a leading Dutch company specializing in sustainable hydrogen infrastructure.
Founded 1991Assen, Netherlands$25Mlast round Jan 2025 - 34
Molten IndustriesMolten Industries is a cleantech startup located in Oakland, California, founded in 2021.Molten Industries is a cleantech startup located in Oakland, California, founded in 2021.
Founded 2021Oakland, United States$25Mlast round Jun 2024 - 35
Modern HydrogenModern Hydrogen is a breakthrough energy technology company.Modern Hydrogen is a breakthrough energy technology company.
Founded 2015Woodinville, United States$25Mlast round Dec 2024 - 36
Stargate HydrogenStargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy.Stargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy.
Founded 2021Tallinn, Estonia$24Mlast round Sept 2026 - 37
HVR EnergyHVR Energy is a Spanish company based in Madrid, founded in 2020.HVR Energy is a Spanish company based in Madrid, founded in 2020.
Founded -Madrid, Spain$23Mlast round Sept 2026 - 38
Doosan Mobility InnovationDoosan Mobility Innovation (DMI) is a South Korean company and a subsidiary of the Doosan Group, established in 2016.Doosan Mobility Innovation (DMI) is a South Korean company and a subsidiary of the Doosan Group, established in 2016.
Founded 2018Yongin-si, South Korea$22Mlast round Apr 2022 - 39
FuellaFuella is a pure-play developer of large-scale green hydrogen projects.Fuella is a pure-play developer of large-scale green hydrogen projects.
Founded 2020Bergen, Norway$22Mlast round Jul 2023 - 40Tai Hydrogen EnergyTai Hydrogen is an energy solutions provider that focuses on the products and applications of clean energy based on green hydrogen.
Tai Hydrogen is an energy solutions provider that focuses on the products and applications of clean energy based on green hydrogen.
Founded 2022Shanghai$21Mlast round Jan 2024 - 41
EvolOHEVOLOH is a cleantech company based in Santa Clara, California, founded in April 2020.EVOLOH is a cleantech company based in Santa Clara, California, founded in April 2020.
Founded 2020Santa Clara, United States$20Mlast round Mar 2024 - 42
HyLightHyLight is a French startup founded in 2022, based in Le Plessis-Pâté, specializing in autonomous, hydrogen-powered airship drones for long-range aerial infrastHyLight is a French startup founded in 2022, based in Le Plessis-Pâté, specializing in autonomous, hydrogen-powered airship drones for long-range aerial infrast
Founded 2022Champigny-sur-Marne, France$18Mlast round Oct 2026 - 43
Power to HydrogenPower to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals.Power to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals.
Founded 2019Columbus, United States$18Mlast round Aug 2024 - 44
PhotoncyclePhotoncycle is a renewable energy technology company based in Oslo Science Park, Norway.Photoncycle is a renewable energy technology company based in Oslo Science Park, Norway.
Founded 2020Oslo, Norway$17Mlast round Mar 2026 - 45
Gen2 EnergyGen2 Energy creates, runs, and manages a green hydrogen supply chain.Gen2 Energy creates, runs, and manages a green hydrogen supply chain.
Founded 2019Horten, Norway$17Mlast round Mar 2022 - 46
MattecoMatteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023.Matteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023.
Founded 2023Paterna, Spain$16Mlast round Oct 2024 - 47Rongke HydrogenRongke Hydrogen is a hydrogen fuel cell R&D company, mainly engaged in hydrogen fuel cell research, manufacturing, and sales.
Rongke Hydrogen is a hydrogen fuel cell R&D company, mainly engaged in hydrogen fuel cell research, manufacturing, and sales.
Founded 2021China$16Mlast round Nov 2021 - 48
ACUA OceanWe design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)
Founded 2020Plymouth, United Kingdom$15Mlast round Sept 2026 - 49
P2X SolutionsP2X Solutions is a producer of green hydrogen and a pioneer in power-to-x technology.P2X Solutions is a producer of green hydrogen and a pioneer in power-to-x technology.
Founded 2020Helsinki, Finland$15Mlast round Dec 2021 - 50
Greenzo EnergyGreenzo Energy manufactures electrolyzers and offers integrated green hydrogen generation solutions.Greenzo Energy manufactures electrolyzers and offers integrated green hydrogen generation solutions.
Founded 2020India$15Mlast round Oct 2026
East Perth, Australia
El Segundo, United States
Leeds, United Kingdom
Dresden, Germany
Halifax, Canada
Singapore, Singapore
Lisbon, Portugal
Marseille, France
Oslo, Norway
Assen, Netherlands
Tallinn, Estonia
Madrid, Spain
Yongin-si, South Korea
China
Helsinki, Finland
IndiaCompanies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
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