Tech Company Financing Transactions
Electric Hydrogen Funding Round
Electric Hydrogen closed a $198 million investment round on 6/22/2022. Backers included Fifth Wall Ventures, Amazon and Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
6/22/2022
Transaction Type
Venture Equity
Amount
$198,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to scale-up its high throughput electrolyzer technology and the manufacturing and deployment of demonstration projects to produce fossil-free hydrogen (also known as "green hydrogen") at large scale for industrial and infrastructure applications.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Undisclosed
Palo Alto, CA 94020
USA
Palo Alto, CA 94020
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded by experienced renewable energy technologists and backed by committed mission-driven investors, Electric Hydrogen is building solutions to help cost-effectively decarbonize the massive industrial sectors that we all rely on. At Electric Hydrogen we're thinking big and with urgency to decarbonize the physical world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raffi Garabedian
Chief Financial Officer
Derek Warnick
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We report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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