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Power to Hydrogen

Series A

Power to Hydrogen provides reversible fuel cell technology that converts electricity and water into high-purity hydrogen and oxygen. The system enables hydrogen production from abundant renewable energy sources such as wind power, including during off-peak hours. Founded in 2019 and headquartered in the United States, the company has raised approximately $29.7M in Series A funding from investors including Rev1…

Energy Tech · Energy Storage Tech · United States · EST 2019

About

Power to Hydrogen provides reversible fuel cell technology that converts electricity and water into high-purity hydrogen and oxygen. The system enables hydrogen production from abundant renewable energy sources such as wind power, including during off-peak hours. Founded in 2019 and headquartered in the United States, the company has raised approximately $29.7M in Series A funding from investors including Rev1 Ventures, Worthington Enterprises, Finindus, JERA, Asahi Kasei, American Electric Power, EDP, Air Liquide, and E.ON. The company's reversible fuel cell approach allows the same system to function as both an electrolyzer for hydrogen production and a fuel cell for power generation, providing flexible energy storage and generation capabilities for grid-scale renewable energy integration.

Business model

Energy Storage Tech > Hydrogen > Hydrogen Generation > Electrolysis > Alkaline

Institutional investors

Rev1 VenturesWorthington EnterprisesFinindusJERAAsahi KaseiAmerican Electric PowerEDPE.ONFH CapitalINP CapitalMOL SwitchKarpowershipAir LiquideOSTI

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