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H2PRO - About the company

H2PRO is a series B company based in Caesarea (Israel), founded in 2019 by Gideon Grader and Avner Rothschild. It operates as a Developer of technology for producing hydrogen from water. H2PRO has raised $180M in funding from investors like Temasek, ArcelorMittal and Sumitomo. The company has 461 active competitors, including 115 funded and 27 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Orsted.

Company Details

Developer of technology for producing hydrogen from water. It offers a patented technology called Electrochemical, Thermally Activated Chemical that utilizes electricity to split water into hydrogen and oxygen in an electrochemical phase and a thermally activated chemical phase.
Social
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Key Metrics
Founded Year
2019
Location
Caesarea, Israel
Stage
Series B
Total Funding
$180M in 6 rounds
Investors
Ranked
Employee Count
111 as on Apr 30, 2026
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H2PRO's funding and investors

H2PRO has raised a total funding of $180M over 6 rounds. Its first funding round was on Oct 29, 2019. Its latest funding round was a Grant (prize money) round on Apr 17, 2023 for $*****. 1 investor participated in its latest round. H2PRO has 23 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of H2PRO:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2023
3392246
Grant (prize money)
4821762
8480356
2279700
2555679
Jan 25, 2022
4367481
Series B
3077726
8609108
7420691
Mar 09, 2021
1506712
Series A
2677426
2947600
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H2PRO's founders and board of directors

Founder? Claim Profile
The founders of H2PRO are Gideon Grader and Avner Rothschild. Tzahi Rodrig is the CEO of H2PRO.
Here are the details of H2PRO's key team members:

H2PRO's employee count trend

H2PRO has 111 employees as of Apr 26. Here is H2PRO's employee count trend over the years:
Employee count trend for H2PRO
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H2PRO's Competitors and alternates

Top competitors of H2PRO include Lhyfe, Nel Hydrogen and Orsted. Here is the list of Top 10 competitors of H2PRO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lhyfe
Lhyfe
2017, Nantes (France), Public
Producer and supplier of renewable and green hydrogen for various applications
$96.9M
73/100
2nd
Logo for Nel Hydrogen
Nel Hydrogen
1927, Oslo (Norway), Acquired
Manufacturer of electrolyser technology for renewable hydrogen production and related services
-
70/100
3rd
Logo for Orsted
Orsted
2006, Fredericia (Denmark), Acquired
Developer of renewable energy solutions including offshore wind, solar, and bioenergy
-
68/100
4th
Logo for Verdagy
Verdagy
2021, Moss Landing (United States), Series B
Provider of electrolyzers for hydrogen production
$98M
66/100
5th
Logo for Heliogen
Heliogen
2013, Pasadena (United States), Acquired
Producer of hydrogen and syngas using sunlight
$111M
66/100
6th
Logo for Stargate Hydrogen
Stargate Hydrogen
2020, Tallinn (Estonia), Series A
Manufacturer of alkaline electrolyser stacks and containerised hydrogen production systems
$56.3M
65/100
7th
Logo for H3 Dynamics
H3 Dynamics
2015, Singapore (Singapore), Series B
Provides aerial inspection services using drones
$39M
65/100
8th
Logo for Monolith
Monolith
2012, Lincoln (United States), Series D
Manufacturer of carbon black and hydrogen products for various industrial uses
$593M
65/100
9th
Logo for Electric Hydrogen
Electric Hydrogen
2020, San Carlos (United States), Series C
Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions
$603M
64/100
10th
Logo for Modern Hydrogen
Modern Hydrogen
2015, Bothell (United States), Series B
Provider of hydrogen generation solutions
$72.8M
63/100
11th
Logo for H2PRO
H2PRO
2019, Caesarea (Israel), Series B
Developer of technology for producing hydrogen from water
$180M
64/100
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H2PRO's Investments and acquisitions

H2PRO has made no investments or acquisitions yet.

Reports related to H2PRO

Here is the latest report on H2PRO's sector:

News related to H2PRO

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Media has covered H2PRO for 1 event in last 1 year, It was about partnerships.
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