Tech Company Financing Transactions
Modern Hydrogen Funding Round
Modern Hydrogen secured a $32.8 million Series B funding round on 5/11/2023. Investors included NextEra Energy Resources, IRONGREY and Metaplanet.
Transaction Overview
Company Name
Announced On
5/11/2023
Transaction Type
Venture Equity
Amount
$32,800,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to scale-up the capacity of its hydrogen production units, accelerate decarbonization of gas networks and support distributed production of hydrogen, expand clean carbon material offerings and boost its global market presence via the partnership with Miura in Japan.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Undisclosed
Bothell, WA Undisclosed
USA
Bothell, WA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Modern Hydrogen's distributed hydrogen production systems enable clean heat and fuel, today. No waiting on hydrogen pipelines, or delivery trucks. No large, high-pressure storage necessary. No more emissions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tony Pan
Chief Technical Officer
Max Mankin
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