When was Avium founded?

Avium was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Avium located?

Avium is headquartered in Lawrence, United States.

How many employees does Avium have?

As of Sep 30, 2026, the latest employee count at Avium is 7.

Is Avium a funded company?

Avium is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Apr 15, 2020.

When was the latest funding round of Avium?

Avium's latest funding was a $***** Grant (prize money) round on May 06, 2024, with participation from 1 investor.

Where does Avium rank among its competitors?

Avium ranks 426th amongst 2262 active competitors, of which 95 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Origis Energy, which secured $900M in Jun, 2026.

Who are the top competitors of Avium?

Avium's top competitors include Enel X, PowerFlex and Origis Energy. Among them, Origis Energy secured the most recent funding round in June, 2026.

Avium - 2026 Company Profile, Team, Funding & Competitors

Avium is a seed company based in Lawrence (United States), founded in 2018 by Joseph Barforoush. It operates as a Developer of advanced alkaline electrolyzer technology for hydrogen production systems. Avium has raised an undisclosed amount in funding from Tallgrass. The company has 2262 active competitors, including 95 funded and 171 that have exited. Its top competitors include companies like Enel X, PowerFlex and Origis Energy.

Company Details

Developer of advanced alkaline electrolyzer technology for hydrogen production systems. This technology improves the efficiency, durability, and cost-effectiveness of hydrogen generation. By utilizing specialized catalysts, coatings, and stack designs, the systems enable on-site production for industrial processes and energy storage applications. These solutions support grid reliability and provide a sustainable resource for various industrial sectors. The hardware facilitates the conversion of water and electricity into hydrogen to meet global energy demands.

Key Metrics

Founded Year

2018

Location

Lawrence, United States

Stage

Seed

Latest Funding Round

Grant (prize money), May 06, 2024, $*****

Investors

Tallgrass & 2 more

Ranked

426^th among 2262 active competitors

Employee Count

7 as on Sep 30, 2026

Similar Companies

CleanMax & 8965 more

View Avium's full profile

Avium has raised funding over 3 rounds. Its first funding round was on Apr 15, 2020. Its latest funding round was a Grant (prize money) round on May 06, 2024 for $*****. 1 investor participated in its latest round. Avium has 3 institutional investors.

Here is the list of recent funding rounds of Avium:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 06, 2024	6942333	Grant (prize money)	5353678	1826966	1806652	9601143
Oct 14, 2022	1376959	Seed	5911236	4822664	2748925	2103841
Apr 15, 2020	3177476	Grant (prize money)	6756738	9159548	8830280	America’s Seed Fund

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View details of Avium's funding rounds and investors

The founders of Avium is Joseph Barforoush.

Here are the details of Avium's key team members:

Joseph Barforoush: Co-founder & CTO of Avium.

View details of Avium's Founder profiles and Board Members

Avium's employee count trend

Avium has 7 employees as of Sep 26. Here is Avium's employee count trend over the years:

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Top competitors of Avium include Enel X, PowerFlex and Origis Energy. Here is the list of Top 10 competitors of Avium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Enel X 2001, Boston (United States), Acquired	Developer of utility-scale renewable energy projects	$168M	Foundation Capital, Glen Capital & 9 others	75/100
2nd	PowerFlex 2017, San Diego (United States), Acquired	Provider of renewable energy project development services	$100M	Wells Fargo Innovation Incubator, Manulife Investment Management ... & 3 others	73/100
3rd	Origis Energy 2008, Miami (United States), Acquired	Utility Scale and commercial solar project developer	$149M	Nomura, CIT & 10 others	71/100
4th	SolarMax Technology 2008, Riverside (United States), Public	Residential solar solution developer	$19.5M	-	62/100
5th	Edison 1886, Rosemead (United States), Public	Developer of wind energy projects	-	Greyrock Investments, CSC Upshot Ventures ... & 1 others	61/100
6th	Southern 1912, Atlanta (United States), Public	Provider of energy utility, natural gas, and communications technology fund	-	DOE, Alliance Holdings & 2 others	61/100
7th	Hillman Group 1964, Cincinnati (United States), Public	Provider of hardware and home improvement products to retail markets	-	HarbourVest Partners, Rotunda Capital Partners ... & 8 others	61/100
8th	NextEra Energy Resources 1925, Juno Beach (United States), Public	Developer of wind and solar energy power projects	-	OSTI	60/100
9th	Idaho Power 1916, Boise (United States), Funding Raised	Solar panel & products installation company	-	OSTI, USGS	60/100
10th	We Energies 1896, Milwaukee (United States), Funding Raised	Provider of independent electric power through solar energy	-	OSTI	60/100
426th	Avium 2018, Lawrence (United States), Seed	Developer of advanced alkaline electrolyzer technology for hydrogen production systems	-	DOE, America’s Seed Fund & 1 others	25/100