When was BayoTech founded?

BayoTech was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is BayoTech located?

BayoTech is headquartered in Houston, United States.

Who is the current CEO of BayoTech?

Justin Eisenach and Diaco Aviki s of BayoTech.

How many employees does BayoTech have?

As of Sep 30, 2026, the latest employee count at BayoTech is 44.

Is BayoTech a funded company?

BayoTech is a funded company, having raised a total of $175M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 28, 2016.

When was the latest funding round of BayoTech?

BayoTech's latest funding was a $***** Series C round on Jun 30, 2021, with participation from 1 investor.

Where does BayoTech rank among its competitors?

BayoTech ranks 30th amongst 534 active competitors, of which 109 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Hygenco, which secured $105M in Jun, 2026.

Who are the top competitors of BayoTech?

BayoTech's top competitors include Lhyfe, Nel Hydrogen and Sunfire. Among them, Hygenco secured the most recent funding round in June, 2026.

BayoTech - 2026 Company Profile, Team, Funding & Competitors

BayoTech is a series C company based in Houston (United States), founded in 2015. It operates as a Provider of solutions for hydrogen production, transport and storage. BayoTech has raised $175M in funding from investors like Cottonwood Technology Fund, Sun Mountain Capital and The Yield Lab. The company has 534 active competitors, including 109 funded and 33 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Sunfire.

Company Details

Provider of solutions for hydrogen production, transport and storage. It provides low-carbon hydrogen solutions that reduce transportation emissions and streamline the supply chain with local production. It is focused on meeting regional demand by producing and distributing hydrogen through a growing network of BayoGaaS hydrogen hubs.

Website: bayotech.us
Social
Email ID: *****@bayotech.us
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Houston, United States

Stage

Series C

Total Funding

$175M in 7 rounds

Latest Funding Round

Series C, Jun 30, 2021, $*****

Investors

Cottonwood Technology Fund & 6 more

Ranked

30^th among 534 active competitors

Employee Count

44 as on Sep 30, 2026

Investment & Acquisitions

IGX Group

Similar Companies

Lhyfe & 184 more

View BayoTech's full profile

BayoTech is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Bayotech, Inc. CIN: 474398706 , United States, Active	Jan 01, 2015	-	63 (As on Dec 31, 2024)	-
Bayotech, Inc. CIN: 7092993 , United States, Active	Sep 22, 2023	-	-	-

BayoTech has raised a total funding of $175M over 7 rounds. Its first funding round was on Jan 28, 2016. Its latest funding round was a Series C round on Jun 30, 2021 for $*****. 1 investor participated in its latest round. BayoTech has 7 institutional investors.

Here is the list of recent funding rounds of BayoTech:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 30, 2021	7026672	Series C	4856929	5199623	3019207	5612602
Dec 24, 2020	9127186	Series C	2969547	2062917	4580138	Sun Mountain Capital & 2 more
Dec 01, 2020	3540511	Series B	1930894	9429985	3456512	1248329

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View details of BayoTech's funding rounds and investors

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

Justin Eisenach: Co-CEO of BayoTech. They serve on the board of 1 company.
Diaco Aviki: Co-CEO of BayoTech.
Contact Info: 1 email address

BayoTech's Board of Directors

BayoTech's board has 16 active members. Mark Smith, Ashley Harris, Sally Corning, David Blivin, Wish Krishnamoorthy, Justin Eisenach, James Scott Dyer, Stewart Stewart, Mauricio Vargas, Ray Quintana, Austin Linh, Wendy Rollstin, Robert A. Jung II, Jeremy Richard, Robert A Jung II and Milton Edward Vernon are independent board members.

Here is the list of BayoTech's board of directors:

Name	Type	Representing	Status	Duration
Mark Smith	Independent board member	-	Current	8y 5m
kexcbmp	Independent board member	-	Current	7y 7m
tucrdrx	Independent board member	-	Current	8y 4m
zqbwthn	Independent board member	-	Current	9y 4m
ybwgmmy	Independent board member	-	Current	6y 9m
poaojtq	Independent board member	-	Current	8y 2m
gtwjyfr	Independent board member	-	Current	2y 2m
fkcwsfg	Independent board member	-	Current	1y 2m
kepmgrs	Independent board member	-	Current	9y 3m
gfydois	Independent board member	-	Current	7y 1m
ohspocz	Independent board member	-	Current	7y 8m
tlpkogh	Independent board member	-	Current	7y 2m
qekhlyl	Independent board member	-	Current	8y 3m
flvlzjq	Independent board member	-	Current	8y 4m
z{gujpl	Independent board member	-	Current	9y 5m
u{weuhp	Independent board member	-	Current	3y 3m

View details of BayoTech's Founder profiles and Board Members

BayoTech's employee count trend

BayoTech has 44 employees as of Sep 26. Here is BayoTech's employee count trend over the years:

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Top competitors of BayoTech include Lhyfe, Nel Hydrogen and Sunfire. Here is the list of Top 10 competitors of BayoTech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lhyfe 2017, Nantes (France), Public	Manufacturer of renewable hydrogen produced through water electrolysis and electricity	$96.9M	Mitsui, Noria & 12 others	70/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Vermögensclub, Defense.gov & 4 others	70/100
3rd	Sunfire 2010, Dresden (Germany), Series E	Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems	$487M	Lightrock, Inven Capital & 37 others	66/100
4th	Hygenco 2020, Gurugram (India), Series C	Provider of green hydrogen and green ammonia production and distribution solutions	$130M	IFC, Neev Fund & 9 others	66/100
5th	H3 Dynamics 2015, Singapore (Singapore), Series B	Provides aerial inspection services using drones	$39M	ACA Investments, Sumitomo Mitsui Banking Corporation ... & 13 others	64/100
6th	GH2 Solar 2013, Noida (India), Series A	Provider of solar EPC and green hydrogen solutions	$9.09M	AARTH AIF, LC Infra Projects & 11 others	64/100
7th	H2PRO 2019, Caesarea (Israel), Series B	Developer of technology for producing hydrogen from water	$180M	Temasek, ArcelorMittal & 24 others	64/100
8th	Monolith 2012, Lincoln (United States), Series D	Manufacturer of carbon black and hydrogen products for various industrial uses	$593M	Cornell Capital, TPG & 11 others	64/100
9th	Electric Hydrogen 2020, San Carlos (United States), Series C	Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions	$603M	Fifth Wall, Energy Impact Partners & 26 others	64/100
10th	Air Products 1940, Allentown (United States), Public	Manufacturer of industrial gases and chemicals	-	Pershing Square Capital Management, Military Health ... & 2 others	63/100
30th	BayoTech 2015, Houston (United States), Series C	Provider of solutions for hydrogen production, transport and storage	$175M	Newlight Partners, Sun Mountain Capital & 5 others	57/100