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Crosstown H2R - About the company

Crosstown H2R is a seed company based in Baden (Switzerland), founded in 2022 by Prith Harasgama and S Manoj Harasgama. It operates as a Manufacturer of burner systems for industrial hydrogen gas turbine engines. Crosstown H2R has raised $3.78M in funding. The company has 87 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Renewable Iron Fuel Technology, Easy Energy Systems and Sumitomo SHI FW.

Company Details

Manufacturer of burner systems for industrial hydrogen gas turbine engines. This technology enables gas turbines to operate using hydrogen fuel mixtures while maintaining emission standards. The retrofit burner systems provide fuel flexibility by allowing combustion of natural gas or hydrogen. This equipment facilitates emission reductions in power generation and industrial facilities. The burner design supports integration into existing turbine platforms during scheduled maintenance periods.
Email ID
*****@crosstown-h2r.com
Registered Address
c/o c/o Saxer Treuhand AG Baden, Zürcherstrasse 23, 5400 Baden, CH
Key Metrics
Founded Year
2022
Location
Baden, Switzerland
Stage
Seed
Total Funding
$3.78M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
7 as on Jun 30, 2026
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Crosstown H2R's funding and investors

Crosstown H2R has raised a total funding of $3.78M over 2 rounds. Its first funding round was on Mar 18, 2024. Its latest funding round was a Seed round on Jul 04, 2025 for $*****. 6 investors participated in its latest round. Crosstown H2R has 7 institutional investors.

Here is the list of recent funding rounds of Crosstown H2R:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 04, 2025
5147699
Seed
8470566
6025184
2064763
7657519
Mar 18, 2024
5750679
Grant (prize money)
6592207
9071904
3935103
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Crosstown H2R's founders and board of directors

Founder? Claim Profile
The founders of Crosstown H2R are Prith Harasgama and S Manoj Harasgama. Prith Harasgama and S Manoj Harasgama are the CEOs of Crosstown H2R.
Here are the details of Crosstown H2R's key team members:

Crosstown H2R's employee count trend

Crosstown H2R has 7 employees as of Jun 26. Here is Crosstown H2R's employee count trend over the years:
Employee count trend for Crosstown H2R
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Crosstown H2R's Competitors and alternates

Top competitors of Crosstown H2R include Renewable Iron Fuel Technology, Easy Energy Systems and Sumitomo SHI FW. Here is the list of Top 10 competitors of Crosstown H2R, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Renewable Iron Fuel Technology
Renewable Iron Fuel Technology
2020, Eindhoven (Netherlands), Series B
Developer of iron fuel technology for industrial heat decarbonization
$111M
57/100
2nd
Manufacturer of organic fertilizer systems and renewable energy production hardware
$350K
-
49/100
3rd
Logo for Sumitomo SHI FW
Sumitomo SHI FW
2017, Espoo (Finland), Funding Raised
Manufacturer of industrial boilers and provider of energy decarbonization technology
-
48/100
4th
Logo for Hycosys
Hycosys
2024, Bengaluru (India), Seed
Developer of hydrogen combustion systems for power generation and electricity backup
$1.09M
47/100
5th
Logo for BDR Thermea Group
BDR Thermea Group
1866, Apeldoorn (Netherlands), Series B
Manufacturer and distributor of smart climate and sanitary hot water solutions
-
42/100
6th
Logo for Crosstown H2R
Crosstown H2R
2022, Baden (Switzerland), Seed
Manufacturer of burner systems for industrial hydrogen gas turbine engines
$3.78M
38/100
7th
Logo for Arisdyne
Arisdyne
2006, Cleveland (United States), Series A
Manufacturer of controlled flow cavitation technology for industrial mixing processes
$8.06M
36/100
8th
Supplier of hybrid vegetable and field crop seeds
-
-
36/100
9th
Logo for Goyum Screw Press
Goyum Screw Press
1971, Amritsar (India), Unfunded
Manufacturer of mechanical oil mill plants and industrial processing machinery
-
-
36/100
10th
Logo for Brissun Technologies
Brissun Technologies
1995, Pune (India), Unfunded
Manufacturer of edible oil refining plants and biodiesel processing machinery
-
-
34/100
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Crosstown H2R's Investments and acquisitions

Crosstown H2R has made no investments or acquisitions yet.

News related to Crosstown H2R

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