Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
18,000,000
Announcement URL
Funding Round Date
August 20, 2024
Other attributes
Email Address
alexz@power-h2.com
Power to Hydrogen Inc., a leader in electrolysis technology, has successfully raised over $18 million in a Series A funding round. This round was led by Rev1 Ventures and Worthington Enterprises, with additional support from global investors like Finindus, JERA, and American Electric Power. The funding will be used to scale and deploy the company’s AEM electrolysis technology, which is designed for high-efficiency hydrogen production. The investment will also support the expansion of Power to Hydrogen's team and operations in the U.S. and Europe, particularly in Belgium.
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