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.
- Website
- www.h2pro.co/
Key Metrics
Founded Year
2019
Location
Caesarea, Israel
Stage
Series B
Total Funding
$180M in 6 rounds
Latest Funding Round
Ranked
11th among 461 active competitors
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:
Filter 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 |
View details of H2PRO's funding rounds and investors
H2PRO's founders and board of directors
Founder? Claim ProfileHere are the details of H2PRO's key team members:
- Gideon Grader: Co-Founder of H2PRO and founder of 1 other company. Contact Info: 1 email address
- Avner Rothschild: Co-Founder of H2PRO and founder of 1 other company. Contact Info: 1 email address
- Tzahi Rodrig: CEO of H2PRO.
View details of H2PRO's Founder profiles and Board Members
H2PRO's employee count trend
H2PRO has 111 employees as of Apr 26. Here is H2PRO's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Producer and supplier of renewable and green hydrogen for various applications | $96.9M | 73/100 | ||
2nd | Nel Hydrogen 1927, Oslo (Norway), Acquired | Manufacturer of electrolyser technology for renewable hydrogen production and related services | - | 70/100 | |
3rd | Developer of renewable energy solutions including offshore wind, solar, and bioenergy | - | 68/100 | ||
4th | Verdagy 2021, Moss Landing (United States), Series B | Provider of electrolyzers for hydrogen production | $98M | 66/100 | |
5th | Heliogen 2013, Pasadena (United States), Acquired | Producer of hydrogen and syngas using sunlight | $111M | 66/100 | |
6th | Stargate Hydrogen 2020, Tallinn (Estonia), Series A | Manufacturer of alkaline electrolyser stacks and containerised hydrogen production systems | $56.3M | 65/100 | |
7th | H3 Dynamics 2015, Singapore (Singapore), Series B | Provides aerial inspection services using drones | $39M | 65/100 | |
8th | Monolith 2012, Lincoln (United States), Series D | Manufacturer of carbon black and hydrogen products for various industrial uses | $593M | 65/100 | |
9th | Electric Hydrogen 2020, San Carlos (United States), Series C | Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions | $603M | 64/100 | |
10th | Modern Hydrogen 2015, Bothell (United States), Series B | Provider of hydrogen generation solutions | $72.8M | 63/100 | |
11th | Developer of technology for producing hydrogen from water | $180M | 64/100 |
Looking for more details on H2PRO's competitors? Click here to see the top ones
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
Media has covered H2PRO for 1 event in last 1 year, It was about partnerships.
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H2Pro & Doral Hydrogen Partner on Off-Grid Solar-to-Hydrogen Project in SpainHydrogen Central•Mar 12, 2026•Doral Energy Group, H2PRO
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Electrolyser maker H2Pro eyes USD-250m opportunity with SumitomoRenewables Now•Mar 17, 2023•H2PRO, Sumitomo
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H2Pro and Sumitomo Corp to Partner on High-Efficiency Green Hydrogen and Ammonia Deal Worth $250MFuelcellsworks•Mar 08, 2023•H2PRO, Sumitomo
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ArcelorMittal makes US$5 million investment in H2Pro via XCarb™ innovation fundGlobeNewswire•Jan 25, 2022•ArcelorMittal, H2PRO, Temasek, Horizons Ventures and 2 others
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Doral and H2PRO will set up a pilot plant to produce green hydrogen in Yotvatacharotarsamachar.com•Dec 21, 2021•Doral Corp, H2PRO
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Gates-backed Startup Joins Race To Make Green Hydrogen CheaperBloombergQuint•Mar 09, 2021•H2PRO, Microsoft
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