Tech Company Financing Transactions

H2U Technologies Funding Round

FreeFlow, Hess Corporation and Jericho Energy Ventures joined a $11 million Series A funding round for H2U Technologies. The financing round was announced on 3/2/2022.

Transaction Overview

Company Name
Announced On
3/2/2022
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors

FreeFlow (Lead Investor) (David Fleck)

Hess Corporation (Lead Investor)

Jericho Energy Ventures (Lead Investor)

VoLo Earth Ventures (Lead Investor) (Eric Riesenberg)

Motus Ventures

Proceeds Purpose
Fund is dedicated to decarbonization and new energy investments and was impressed by H2U due to its great management team and highly differentiated low-cost approach to generating green hydrogen through PEM water electrolysis.

Company Information

Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
20360 Plummer St
Chatsworth, CA 91311
USA
Email Address
Overview
H2U Technologies uses AI and proprietary methods to discover and test low cost electrocatalysts, a million times faster than any other method. We then apply those low-cost catalysts to a very low-cost, disruptive-design hydrogen electrolyzer. With our IP and the world's largest electrocatalyst activity database, H2U Technologies is uniquely capable of solving a key challenge for the Hydrogen Economy: producing low-cost Green Hydrogen.
Profile
H2U Technologies LinkedIn Company Profile
Social Media
H2U Technologies Company Twitter Account
Company News
H2U Technologies News
Facebook
H2U Technologies on Facebook
YouTube
H2U Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark McGough
  Mark McGough LinkedIn Profile  Mark McGough Twitter Account  Mark McGough News  Mark McGough on Facebook
Chief Operating Officer
Steve Wollenberg
  Steve Wollenberg LinkedIn Profile  Steve Wollenberg Twitter Account  Steve Wollenberg News  Steve Wollenberg on Facebook
Chief Scientific Officer
Nathan Lewis
  Nathan Lewis LinkedIn Profile  Nathan Lewis Twitter Account  Nathan Lewis News  Nathan Lewis on Facebook


 

 

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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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