When was First Hydrogen founded?

First Hydrogen was founded in 2007 and raised its 1st funding round 18 years after it was founded.

Where is First Hydrogen located?

First Hydrogen is headquartered in Vancouver, Canada.

How many employees does First Hydrogen have?

As of May 27, 2025, the latest employee count at First Hydrogen is 49.

Is First Hydrogen a funded company?

First Hydrogen is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 28, 2025.

When was the latest funding round of First Hydrogen?

First Hydrogen's latest funding was a $***** Seed round on Feb 28, 2025, with participation from 0 investor. Its primary sector is Electric Vehicles. In Canada, the Electric Vehicles sector has seen $15.3M in funding in 2026 to date.

Where does First Hydrogen rank among its competitors?

First Hydrogen ranks 9th amongst 35 active competitors, of which 10 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was GreenPower, which secured $1.42M in Aug, 2026.

Who are the top competitors of First Hydrogen?

First Hydrogen's top competitors include Waabi, The Lion Electric and Next Hydrogen. Among them, GreenPower secured the most recent funding round in August, 2026.

First Hydrogen - 2026 Company Profile, Funding & Competitors

Company Details

Manufacturer of hydrogen-powered utility vehicles. The company develops hydrogen-fuel cell-enabled heavy and medium-duty trucks. It offers features like a 600km speed range, connected route management, and more.

Key Metrics

Founded Year

2007

Location

Vancouver, Canada

Stage

Seed

Total Funding

$236K in 1 round

Latest Funding Round

Seed, Feb 28, 2025, $*****

Ranked

9^th among 35 active competitors

Employee Count

49 as on May 27, 2025

Similar Companies

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View First Hydrogen's full profile

First Hydrogen has raised a total funding of $236K over 1 round.

Here is the list of recent funding rounds of First Hydrogen:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 28, 2025	1728272	Seed	4651053	7075204	1101195	2523673

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View details of First Hydrogen's funding rounds and investors

First Hydrogen's employee count trend

First Hydrogen has 49 employees as of May 25. Here is First Hydrogen's employee count trend over the years:

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Top competitors of First Hydrogen include Waabi, The Lion Electric and Next Hydrogen. Here is the list of Top 10 competitors of First Hydrogen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Waabi 2021, Toronto (Canada), Series C	Developer of physical artificial intelligence platform for autonomous trucks and robotaxis	$1.03B	Khosla Ventures, Uber & 27 others	69/100
2nd	The Lion Electric 2008, Saint Jerome (Canada), Public	Manufacturer of all-electric school buses and related electric vehicle services	-	Canada Economic Development, Fondaction & 7 others	60/100
3rd	Next Hydrogen 2007, Mississauga (Canada), Public	Developer of water electrolyzer technology for green hydrogen production solutions	-	Pathfinder, Smoothwater Capital & 3 others	59/100
4th	Aurora Hydrogen 2021, Vancouver (Canada), Series A	Provider of high-efficiency clean hydrogen production technology. This technology utilizes existing energy infrastructure and proven components to produce low-carbon hydrogen fuel on-site at industrial scale. The process offers a lower cost alternative to electrolysis and steam reforming with carbon capture. It is designed to meet industrial demands in hard-to-decarbonize sectors such as steel manufacturing and long-distance transportation. The technology uses microwave energy to heat natural gas, resulting in significantly reduced electricity consumption compared to electrolysis. The company's approach mitigates risk by avoiding the need for precious metals, water, new pipelines, or extensive storage and transportation infrastructure.	$13M	Energy Innovation Capital, Oldendorff Overseas Investments GmbH & Co. KG ... & 6 others	57/100
5th	GreenPower 2010, Vancouver (Canada), Public	Manufacture of multiple categories of electric commercial vehicles	-	-	52/100
6th	New Flyer Industries 1930, Winnipeg (Canada), Public	Platform offering zero-emission and low-emission transit buses and infrastructure solutions	-	H.I.G. Private Equity, Harvest Partners & 3 others	45/100
7th	Ekona 2017, Vancouver (Canada), Series A	Producer of hydrogen for industrial applications	$69.9M	Baker Hughes, BDC & 8 others	44/100
8th	Nuport 2019, Toronto (Canada), Seed	AI-enabled platform offering autonomous driving solutions for trucks	$200K	Berkeley SkyDeck, Ontario Canada & 2 others	41/100
9th	First Hydrogen 2007, Vancouver (Canada), Seed	Manufacturer of hydrogen-powered utility vehicles	$236K	-	40/100
10th	Nova Bus 1979, Saint Eustache (Canada), Unfunded	Manufacturer of hybrid and electric buses	-	-	39/100