H2 was founded in 2010 and raised its 1st funding round 13 years after it was founded.

H2 is headquartered in Daejeon, South Korea.

Who is the current CEO of H2?

Shin Han of H2. They have also founded 1 company.

How many employees does H2 have?

As of Aug 31, 2026, the latest employee count at H2 is 10.

Is H2 a funded company?

H2 is a funded company, having raised a total of $77M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 12, 2023.

When was the latest funding round of H2?

H2's latest funding was a $***** Series B round on Jan 22, 2025, with participation from 3 investors. Its primary sector is Energy Storage Tech. In South Korea, the Energy Storage Tech sector has seen $42.3M in funding in 2026 to date.

Where does H2 rank among its competitors?

H2 ranks 7th amongst 58 active competitors, of which 23 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was XL Batteries, which secured $13M in Jun, 2026.

Who are the top competitors of H2?

H2's top competitors include ESS, Quino Energy and VFlow Tech. Among them, XL Batteries secured the most recent funding round in June, 2026.

H2 - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of energy storage solutions. It is an energy storage solution developer that manufactures vanadium redox flow battery storage systems based on its proprietary technology. It finds application in setting up microgrids, re integration,telecom towers,utility scale energy storage and other residential and commercial behind the meter use.

Website: h2aec.com
Email ID: *****@h2aec.com
Phone Number: +82 **********

Key Metrics

Founded Year

2010

Location

Daejeon, South Korea

Stage

Series B

Total Funding

$77M in 2 rounds

Latest Funding Round

Series B, Jan 22, 2025, $*****

Investors

STIC Investments & 5 more

Ranked

7^th among 58 active competitors

Employee Count

10 as on Aug 31, 2026

Similar Companies

ESS & 63 more

View H2's full profile

H2 has raised a total funding of $77M over 2 rounds. Its first funding round was on Jan 12, 2023. Its latest funding round was a Series B round on Jan 22, 2025 for $*****. 3 investors participated in its latest round. H2 has 6 institutional investors.

Here is the list of recent funding rounds of H2:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2025	2084649	Series B	4253172	4431087	1602533	6184709
Jan 12, 2023	5947980	Series B	4554896	4195417	8119611	9385471

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View details of H2's funding rounds and investors

The founders of H2 is Shin Han. Shin Han is the CEO of H2.

Here are the details of H2's key team members:

Shin Han: Founder & CEO of H2.
Contact Info: 1 email address

View details of H2's Founder profiles and Board Members

H2's employee count trend

H2 has 10 employees as of Aug 26. Here is H2's employee count trend over the years:

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Top competitors of H2 include ESS, Quino Energy and VFlow Tech. Here is the list of Top 10 competitors of H2, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ESS 2011, Wilsonville (United States), Public	Provider of iron flow battery-based energy storage system	$46.2M	Honeywell, BASF & 21 others	63/100
2nd	Quino Energy 2021, Menlo Park (United States), Series A	Provider of solutions for energy storage systems	$14.7M	Atri Energy Transition, ANRI & 6 others	60/100
3rd	VFlow Tech 2018, Singapore (Singapore), Series A	Manufacturer of vanadium redox flow batteries for energy storage systems	$34M	Granite Asia, PSA International & 34 others	56/100
4th	Standard Energy 2013, Yuseong District (South Korea), Series D	Developer of redox flow batteries	$76.7M	SBVA, Lotte India & 5 others	55/100
5th	XL Batteries 2019, Marlborough (United States), Series B	Organic flow energy storage solution	$40.6M	Catalus Capital, Xerox Ventures & 6 others	55/100
6th	Sinergy Flow 2022, Milano (Italy), Seed	Developer of sustainable and low-cost redox flow batteries based on earth's abundant materials	$10.1M	360 Capital Partners, CDP Venture Capital ... & 6 others	54/100
7th	H2 2010, Daejeon (South Korea), Series B	Provider of energy storage solutions	$77M	E&Investment, STIC Investments & 4 others	53/100
8th	Delectrik 2016, Gurugram (India), Seed	Developer of flow battery systems for renewable energy integration	$2.58M	IIMA Ventures, Aims Investment & 16 others	51/100
9th	RFC Power 2017, Harrogate (United Kingdom), Seed	Provider of solutions for regenerative fuel cell	-	IP Group, Kiko Ventures & 1 others	50/100
10th	Flexbase 2010, Laufenburg (Switzerland), Unfunded	Developer of large-scale redox flow battery energy storage and AI data centers	-	-	43/100