Tech Company Financing Transactions
Electric Hydrogen Funding Round
Fortescue Future Industries, Amazon Climate Pledge Fund and BP Ventures joined a $380 million Series C funding round for Electric Hydrogen. The round was announced on 10/3/2023.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$380,000,000
Round
Series C
Investors
Fortescue Future Industries (Lead Investor)
Breakthrough Energy Ventures (Carmichael Roberts)
Proceeds Purpose
The new capital will accelerate the company's manufacturing and deployment plans to meet customer demand for its power-dense green hydrogen systems.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Undisclosed
Palo Alto, CA 94020
USA
Palo Alto, CA 94020
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded by experienced renewable energy technologists and backed by committed mission-driven investors, Electric Hydrogen is building solutions to help cost-effectively decarbonize the massive industrial sectors that we all rely on. At Electric Hydrogen we're thinking big and with urgency to decarbonize the physical world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raffi Garabedian
Chief Financial Officer
Derek Warnick
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We report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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