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Energy Tech Series A Founded 2019

Power to Hydrogen

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…

📍 United States · Energy Storage Tech

Funding snapshot

Last roundSeries A
Amount$7M
Date28 April 2025
Total raised$30M
Team size26

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 Ventures Worthington Enterprises Finindus JERA Asahi Kasei American Electric Power EDP E.ON FH Capital INP Capital MOL Switch Karpowership Air Liquide OSTI

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