When was H2PRO founded?

H2PRO was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is H2PRO located?

H2PRO is headquartered in Caesarea, Israel.

How many employees does H2PRO have?

As of Aug 31, 2026, the latest employee count at H2PRO is 104.

Is H2PRO a funded company?

H2PRO is a funded company, having raised a total of $180M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 29, 2019.

When was the latest funding round of H2PRO?

H2PRO's latest funding was a $***** Grant (prize money) round on Apr 17, 2023, with participation from 1 investor.

Where does H2PRO rank among its competitors?

H2PRO ranks 10th amongst 551 active competitors, of which 124 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Nel Hydrogen, which secured $151K in Jul, 2025.

Who are the top competitors of H2PRO?

H2PRO's top competitors include Lhyfe, Nel Hydrogen and Orsted. Among them, Nel Hydrogen secured the most recent funding round in July, 2025.

H2PRO - 2026 Company Profile, Team, Funding & Competitors

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 551 active competitors, including 124 funded and 30 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/
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Key Metrics

Founded Year

2019

Location

Caesarea, Israel

Stage

Series B

Total Funding

$180M in 6 rounds

Latest Funding Round

Grant (prize money), Apr 17, 2023, $*****

Investors

Temasek & 25 more

Ranked

10^th among 551 active competitors

Employee Count

104 as on Aug 31, 2026

View H2PRO's full profile

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	2099870	Grant (prize money)	7010457	9336429	4286174	4532672
Jan 25, 2022	8266082	Series B	5095186	1639735	6454451	Horizons Ventures & 3 more
Mar 09, 2021	9301063	Series A	7681488	7362767	Sumitomo & 2 more	Bill Gates & 9 more

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View details of H2PRO's funding rounds and investors

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:

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 104 employees as of Aug 26. Here is H2PRO's employee count trend over the years:

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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	Lhyfe 2017, Nantes (France), Public	Manufacturer of renewable hydrogen produced through water electrolysis and electricity	$96.9M	Andera Partners, Noria & 12 others	71/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Defense.gov, Vermögensclub & 4 others	69/100
3rd	Orsted 2006, Fredericia (Denmark), Acquired	Developer and operator of offshore wind farms and energy assets	-	ELM Responsible Investments, Equinor & 2 others	68/100
4th	Heliogen 2013, Pasadena (United States), Acquired	Producer of hydrogen and syngas using sunlight	$111M	Prime Movers Lab, ArcelorMittal & 24 others	66/100
5th	Sunfire 2010, Dresden (Germany), Series E	Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems	$487M	Lightrock, Blue Earth Capital & 37 others	66/100
6th	GeoPura 2019, Newcastle Upon Tyne (United Kingdom), Acquired	Manufacturer of hydrogen power units for clean energy generation systems	$125M	UK Infrastructure Bank, GM Ventures & 10 others	65/100
7th	Monolith 2012, Lincoln (United States), Series D	Manufacturer of carbon black and hydrogen products for various industrial uses	$593M	Cornell Capital, TPG & 11 others	64/100
8th	H3 Dynamics 2015, Singapore (Singapore), Series B	Provides aerial inspection services using drones	$39M	ACA Investments, Sumitomo Mitsui Banking Corporation ... & 13 others	64/100
9th	Electric Hydrogen 2020, San Carlos (United States), Series C	Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions	$603M	Fifth Wall, Energy Impact Partners & 26 others	64/100
10th	H2PRO 2019, Caesarea (Israel), Series B	Developer of technology for producing hydrogen from water	$180M	Temasek, ArcelorMittal & 24 others	64/100