# Top 50 Hydrogen Startups Worldwide by Funding (2026)

> The 50 best-funded hydrogen startups worldwide, ranked by total funding raised: $11B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/hydrogen-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Fortescue Future Industries** Fortescue Future Industries is a green energy and product company committed to producing zero-emission hydrogen from renewable sources.](https://millionrounds.com/company/fortescue-future-industries) Fortescue Future Industries is a green energy and product company committed to producing zero-emission hydrogen from renewable sources. *Founded* 2020 East Perth, Australia **$2.0B** last round Oct 2025
- 2 [**Valar Atomics** Valar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California.](https://millionrounds.com/company/valar-atomics) Valar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California. *Founded* 2023 El Segundo, United States **$1.6B** last round Aug 2026
- 3 [**Wabash Valley Resources** Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.](https://millionrounds.com/company/wabash-valley-resources) Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide. *Founded* 2016 West Terre Haute, United States **$1.5B** last round Oct 2025
- 4 [**Bloom Energy** Bloom Energy empowers businesses and communities to responsibly take charge of their energy.](https://millionrounds.com/company/bloom-energy) Bloom Energy empowers businesses and communities to responsibly take charge of their energy. *Founded* 2001 San Jose, United States **$960M** last round Jan 2015
- 5 [**The Appalachian Regional Clean Hydrogen Hub** ARCH2's mission is to provide an interconnected, full value chain H2Hub solution.](https://millionrounds.com/company/the-appalachian-regional-clean-hydrogen-hub) ARCH2's mission is to provide an interconnected, full value chain H2Hub solution. *Founded* - Morgantown, United States **$925M** last round Jul 2024
- 6 [**Atome Energy** Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.](https://millionrounds.com/company/atome-energy) Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment. *Founded* - Leeds, United Kingdom **$665M** last round Apr 2026
- 7 [**WildFire Energy** Wildfire Energy is an Australian cleantech startup focused on converting residual waste into renewable energy, hydrogen, and sustainable fuels using its proprie](https://millionrounds.com/company/wildfire-energy) Wildfire Energy is an Australian cleantech startup focused on converting residual waste into renewable energy, hydrogen, and sustainable fuels using its proprie *Founded* 2016 Petrie Terrace, United States **$604M** last round Jul 2026
- 8 [**EnerVenue** EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. *Founded* 2020 Fremont, United States **$312M** last round Mar 2026
- 9 [**Sunfire** Sunfire GmbH is an industrial electrolysis company based in Dresden, Germany, founded in 2010 by Nils Aldag.](https://millionrounds.com/company/sunfire) Sunfire GmbH is an industrial electrolysis company based in Dresden, Germany, founded in 2010 by Nils Aldag. *Founded* 2010 Dresden, Germany **$281M** last round Mar 2024
- 10 [**ABO Energy** ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems.](https://millionrounds.com/company/abo-energy) ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems. *Founded* - Wiesbaden, Germany **$279M** last round Aug 2025
- 11 [**Ambient Fuels** Ambient Fuels is a green energy developer that delivers green hydrogen solutions.](https://millionrounds.com/company/ambient-fuels) Ambient Fuels is a green energy developer that delivers green hydrogen solutions. *Founded* 2021 New York, United States **$250M** last round May 2023
- 12 [**EverWind Fuels** EverWind Fuels developing new solar and wind farms to produce green hydrogen.](https://millionrounds.com/company/everwind-fuels) EverWind Fuels developing new solar and wind farms to produce green hydrogen. *Founded* 2021 Halifax, Canada **$234M** last round Jan 2026
- 13 [**Intelligent Energy** Intelligent Energy is a clean power systems company offering fuel cell and hydrogen generation technologies.](https://millionrounds.com/company/intelligent-energy) Intelligent Energy is a clean power systems company offering fuel cell and hydrogen generation technologies. *Founded* 2001 Loughborough, United Kingdom **$185M** last round Feb 2023
- 14 [**BayoTech** BayoTech sites hydrogen production close to demand and distributes it to consumers via high-pressure gas transport and storage equipment.](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. *Founded* 2015 United States **$170M** last round Jan 2021
- 15 [**Hysata** Hysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen.](https://millionrounds.com/company/hysata) Hysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen. *Founded* - Wollongong, Australia **$146M** last round Sept 2026
- 16 [**InterContinental Energy** InterContinental Energy develops green hydrogen fuel projects.](https://millionrounds.com/company/intercontinental-energy) InterContinental Energy develops green hydrogen fuel projects. *Founded* 2014 Singapore, Singapore **$116M** last round Apr 2026
- 17 [**Koloma** Koloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources.](https://millionrounds.com/company/koloma) Koloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources. *Founded* 2021 Denver, United States **$111M** last round Oct 2026
- 18 [**Verne** Verne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system.](https://millionrounds.com/company/verne) Verne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system. *Founded* 2020 Berkeley, United States **$110M** last round Apr 2024
- 19 [**Electric Hydrogen** Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels.](https://millionrounds.com/company/electric-hydrogen) Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels. *Founded* 2020 Devens, United States **$100M** last round May 2024
- 20 [**Rega Energy** REGA ENERGY is a Portuguese renewable energy company established in 2021, focused on developing, financing, building, owning, and operating biomethane and green](https://millionrounds.com/company/rega-energy) REGA ENERGY is a Portuguese renewable energy company established in 2021, focused on developing, financing, building, owning, and operating biomethane and green *Founded* 2021 Lisbon, Portugal **$67M** last round Jul 2023
- 21 [**GravitHy** 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.](https://millionrounds.com/company/gravithy) 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* 2022 Marseille, France **$64M** last round Mar 2025
- 22 [**Hy2gen** HY2GEN AG is a German renewable energy company based in Wiesbaden, specializing in the production of green hydrogen and hydrogen-based e-fuels.](https://millionrounds.com/company/hy2gen) HY2GEN AG is a German renewable energy company based in Wiesbaden, specializing in the production of green hydrogen and hydrogen-based e-fuels. *Founded* 2017 Wiesbaden, Germany **$54M** last round Apr 2025
- 23 [**HiiROC** HiiROC is a UK-based technology company founded in 2019 that specializes in producing low-cost, zero-emission clean hydrogen through its proprietary Thermal Pla](https://millionrounds.com/company/hiiroc) HiiROC 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* 2019 Hull, United Kingdom **$53M** last round Dec 2025
- 24 [**Quantron** Quantron is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses, and vans.](https://millionrounds.com/company/quantron) Quantron is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses, and vans. *Founded* 2019 Gersthofen, Germany **$50M** last round Sept 2022
- 25 [**EODev** EODev creates and commercializes sustainable, dependable, and cost-effective hydrogen-based energy solutions.](https://millionrounds.com/company/eodev) EODev creates and commercializes sustainable, dependable, and cost-effective hydrogen-based energy solutions. *Founded* 2019 Issy-les-moulineaux, France **$50M** last round Nov 2023
- 26 [**Hypersonix Launch Systems** Hypersonix Launch Systems is an Australian aerospace engineering company based in Carole Park, Queensland, founded in 2019 by Dr.](https://millionrounds.com/company/hypersonix-launch-systems) Hypersonix Launch Systems is an Australian aerospace engineering company based in Carole Park, Queensland, founded in 2019 by Dr. *Founded* 2019 Carole Park, Australia **$46M** last round Nov 2025
- 27 [**Kore** Kore Infrastructure refines the carbon in organic wastes into renewable natural gas, hydrogen, or power.](https://millionrounds.com/company/kore) Kore Infrastructure refines the carbon in organic wastes into renewable natural gas, hydrogen, or power. *Founded* 2008 New York, United States **$40M** last round Jul 2026
- 28 [**Mantle8** Mantle8 is a European clean energy startup based in Grenoble, France, founded in 2024 by Emmanuel Masini.](https://millionrounds.com/company/mantle8) Mantle8 is a European clean energy startup based in Grenoble, France, founded in 2024 by Emmanuel Masini. *Founded* - Grenoble, France **$38M** last round May 2026
- 29 [**Hystar** Hystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production.](https://millionrounds.com/company/hystar) Hystar AS is a Norwegian company focused on developing and manufacturing advanced Proton Exchange Membrane (PEM) electrolysers for large-scale green hydrogen production. *Founded* 2021 Oslo, Norway **$36M** last round May 2025
- 30 [**Spark Cleantech** Spark Cleantech is a French deeptech company founded in 2021 and based in Gif-sur-Yvette.](https://millionrounds.com/company/spark-cleantech) Spark Cleantech is a French deeptech company founded in 2021 and based in Gif-sur-Yvette. *Founded* 2022 Gif-sur-Yvette, France **$35M** last round Dec 2025
- 31 [**HAMR Energy** Hydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels.](https://millionrounds.com/company/hamr-energy) Hydrogen assisted molecular recycling (HAMR) allows waste to be converted into chemicals for building products and fuels. *Founded* 2020 Melbourne, Australia **$32M** last round Jul 2026
- 32 [**Pacific Northwest Hydrogen Association** Pacific Northwest Hydrogen Association aims to enhance lives by establishing a clean hydrogen ecosystem throughout the Pacific Northwest.](https://millionrounds.com/company/pacific-northwest-hydrogen-association) Pacific Northwest Hydrogen Association aims to enhance lives by establishing a clean hydrogen ecosystem throughout the Pacific Northwest. *Founded* 2022 Seattle, United States **$28M** last round Jul 2024
- 33 [**Resato Hydrogen Technology** Resato Hydrogen Technology is a leading Dutch company specializing in sustainable hydrogen infrastructure.](https://millionrounds.com/company/resato-hydrogen-technology) Resato Hydrogen Technology is a leading Dutch company specializing in sustainable hydrogen infrastructure. *Founded* 1991 Assen, Netherlands **$25M** last round Jan 2025
- 34 [**Molten Industries** Molten Industries is a cleantech startup located in Oakland, California, founded in 2021.](https://millionrounds.com/company/molten-industries) Molten Industries is a cleantech startup located in Oakland, California, founded in 2021. *Founded* 2021 Oakland, United States **$25M** last round Jun 2024
- 35 [**Modern Hydrogen** Modern Hydrogen is a breakthrough energy technology company.](https://millionrounds.com/company/modern-hydrogen) Modern Hydrogen is a breakthrough energy technology company. *Founded* 2015 Woodinville, United States **$25M** last round Dec 2024
- 36 [**Stargate Hydrogen** Stargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy.](https://millionrounds.com/company/stargate-hydrogen) Stargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy. *Founded* 2021 Tallinn, Estonia **$24M** last round Sept 2026
- 37 [**HVR Energy** HVR Energy is a Spanish company based in Madrid, founded in 2020.](https://millionrounds.com/company/hvr-energy) HVR Energy is a Spanish company based in Madrid, founded in 2020. *Founded* - Madrid, Spain **$23M** last round Sept 2026
- 38 [**Doosan Mobility Innovation** Doosan Mobility Innovation (DMI) is a South Korean company and a subsidiary of the Doosan Group, established in 2016.](https://millionrounds.com/company/doosan-mobility-innovation) Doosan Mobility Innovation (DMI) is a South Korean company and a subsidiary of the Doosan Group, established in 2016. *Founded* 2018 Yongin-si, South Korea **$22M** last round Apr 2022
- 39 [**Fuella** Fuella is a pure-play developer of large-scale green hydrogen projects.](https://millionrounds.com/company/fuella) Fuella is a pure-play developer of large-scale green hydrogen projects. *Founded* 2020 Bergen, Norway **$22M** last round Jul 2023
- 40 [**Tai Hydrogen Energy** Tai Hydrogen is an energy solutions provider that focuses on the products and applications of clean energy based on green hydrogen.](https://millionrounds.com/company/tai-hydrogen-energy) Tai Hydrogen is an energy solutions provider that focuses on the products and applications of clean energy based on green hydrogen. *Founded* 2022 Shanghai **$21M** last round Jan 2024
- 41 [**EvolOH** EVOLOH is a cleantech company based in Santa Clara, California, founded in April 2020.](https://millionrounds.com/company/evoloh) EVOLOH is a cleantech company based in Santa Clara, California, founded in April 2020. *Founded* 2020 Santa Clara, United States **$20M** last round Mar 2024
- 42 [**HyLight** HyLight is a French startup founded in 2022, based in Le Plessis-Pâté, specializing in autonomous, hydrogen-powered airship drones for long-range aerial infrast](https://millionrounds.com/company/hylight) HyLight 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* 2022 Champigny-sur-Marne, France **$18M** last round Oct 2026
- 43 [**Power to Hydrogen** Power to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals.](https://millionrounds.com/company/power-to-hydrogen) Power to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals. *Founded* 2019 Columbus, United States **$18M** last round Aug 2024
- 44 [**Photoncycle** Photoncycle is a renewable energy technology company based in Oslo Science Park, Norway.](https://millionrounds.com/company/photoncycle) Photoncycle is a renewable energy technology company based in Oslo Science Park, Norway. *Founded* 2020 Oslo, Norway **$17M** last round Mar 2026
- 45 [**Gen2 Energy** Gen2 Energy creates, runs, and manages a green hydrogen supply chain.](https://millionrounds.com/company/gen2-energy) Gen2 Energy creates, runs, and manages a green hydrogen supply chain. *Founded* 2019 Horten, Norway **$17M** last round Mar 2022
- 46 [**Matteco** Matteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023.](https://millionrounds.com/company/matteco) Matteco is a materials technology company based in Valencia (Paterna), Spain, founded in 2023. *Founded* 2023 Paterna, Spain **$16M** last round Oct 2024
- 47 [**Rongke Hydrogen** Rongke Hydrogen is a hydrogen fuel cell R&D company, mainly engaged in hydrogen fuel cell research, manufacturing, and sales.](https://millionrounds.com/company/rongke-hydrogen) Rongke Hydrogen is a hydrogen fuel cell R&D company, mainly engaged in hydrogen fuel cell research, manufacturing, and sales. *Founded* 2021 China **$16M** last round Nov 2021
- 48 [**ACUA Ocean** We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs)](https://millionrounds.com/company/acua-ocean) We design, develop and deploy hydrogen- powered uncrewed surface vessels (H-USVs) *Founded* 2020 Plymouth, United Kingdom **$15M** last round Sept 2026
- 49 [**P2X Solutions** P2X Solutions is a producer of green hydrogen and a pioneer in power-to-x technology.](https://millionrounds.com/company/p2x-solutions) P2X Solutions is a producer of green hydrogen and a pioneer in power-to-x technology. *Founded* 2020 Helsinki, Finland **$15M** last round Dec 2021
- 50 [**Greenzo Energy** Greenzo Energy manufactures electrolyzers and offers integrated green hydrogen generation solutions.](https://millionrounds.com/company/greenzo-energy) Greenzo Energy manufactures electrolyzers and offers integrated green hydrogen generation solutions. *Founded* 2020 India **$15M** last round Oct 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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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