Tech Company Financing Transactions
Power to Hydrogen Funding Round
Power to Hydrogen, based in Columbus, secured $18 million from Rev1 Ventures, Worthington Industries and American Electric Power.
Transaction Overview
Company Name
Announced On
8/19/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Rev1 Ventures (Lead Investor)
Worthington Industries (Lead Investor)
Proceeds Purpose
The company intends to use the funds to grow its U.S.-based team in Columbus, Ohio, expand its manufacturing and supply chain, as well as expand internationally with the launch of new offices in Belgium.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
6625 Singletree Dr.
Columbus, OH 43229
USA
Columbus, OH 43229
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to accelerate the transition to a clean energy economy. We do this with AEM Electrolyzer (Anion Exchange Membrane) technology that cost effectively and efficiently converts renewable electricity and water into high pressure hydrogen.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Christopher Holt
Co-Founder
Paul Matter
VP - Bus. Development
Alex Zorniger
VP - Manufacturing
Courtney Reich
VP - Regulatory Affairs
Nadia Casillas
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We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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