Tech Company Financing Transactions
Universal Hydrogen Funding Round
Universal Hydrogen closed a $20.5 million Series A funding round on 4/23/2021. Backers included Playground Global, Airbus Ventures and Coatue Management.
Transaction Overview
Company Name
Announced On
4/23/2021
Transaction Type
Venture Equity
Amount
$20,500,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
21 Park Ave.
Venice Los Angeles, CA 90291
USA
Venice Los Angeles, CA 90291
USA
Phone
Undisclosed
Website
Email Address
Overview
Universal Hydrogen is making hydrogen-powered commercial flight a near-term reality. The company takes a flexible, scalable, and capital-light approach to hydrogen logistics by transporting it in modular capsules over the existing freight network from green production sites to airports around the world.
Management Team
Title
Name
Email & Social
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