Tech Company Financing Transactions
Evoloh Funding Round
Evoloh, operating out of Santa Clara, secured $20 million in funding from Engine Ventures, 3M Corporation and NextEra Energy Resources.
Transaction Overview
Company Name
Announced On
3/26/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
the company will use the funding to refine its manufacturing process, deploy some large-scale pilots and sign paying customers.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Santa Clara, CA Undisclosed
USA
Santa Clara, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2020, EVOLOH Inc. is revolutionizing the manufacturing of water electrolyzers to make low-cost clean hydrogen production possible at gigawatt scale anywhere in the world. Nautilus stacks, the company's patented electrolyzers, leverage advanced liquid alkaline technology to minimize costs and technical risks, while also maximizing manufacturing productivity, durability and efficiency.
Management Team
Title
Name
Email & Social
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