HyAxiom Funding Round

7/17/2023

Venture Equity

$150,000,000

Undisclosed

The company intends to use the funds for capital expenditure, research and development, as well as for working capital and general corporate purposes, as they focus on expanding its U.S. and global business as well as developing and launching new products, including the expansion of production and continued research and development of its PEM electrolyzer (PEMEC) system, which was launched this year.

Private & Independent

Artificial Intelligence

101 East River Dr
East Hartford, CT 06108
USA

Undisclosed

Our mission is to accelerate a sustainable, carbon-free energy future by delivering a full spectrum of reliable, cost-effective hydrogen-based products and solutions. Our core values evolve around promoting people, sustainability, innovation and integrity. We at HyAxiom are committed to treating all our people with genuine care and supporting their growth and development. We believe that that our sustained success can only come through our people working as one team and building on one another. We view the collective passion and collaboration among our people as vital not only to our business growth but to the fulfilment of our shared mission for a cleaner and more sustainable world. We want our people to succeed, as we know from our heart that their success represents our success.