When was Modern Hydrogen founded?

Modern Hydrogen was founded in 2015.

Where is Modern Hydrogen located?

Modern Hydrogen is headquartered in Bothell, United States.

Who is the current CEO of Modern Hydrogen?

Tony Pan of Modern Hydrogen. They have also founded 1 company.

How many employees does Modern Hydrogen have?

As of Sep 30, 2026, the latest employee count at Modern Hydrogen is 14.

Is Modern Hydrogen a funded company?

Modern Hydrogen is a funded company, having raised a total of $72.8M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round.

When was the latest funding round of Modern Hydrogen?

Modern Hydrogen's latest funding was a $***** Conventional Debt round on Nov 27, 2024, with participation from 0 investor. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $5.14B in funding in 2026 to date.

Where does Modern Hydrogen rank among its competitors?

Modern Hydrogen ranks 11th amongst 577 active competitors, of which 121 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Hygenco, which secured $105M in Jun, 2026.

Who are the top competitors of Modern Hydrogen?

Modern Hydrogen's top competitors include Lhyfe, Sunfire and Masdar. Among them, Hygenco secured the most recent funding round in June, 2026.

Modern Hydrogen - 2026 Company Profile, Team, Funding & Competitors

Modern Hydrogen is a series B company based in Bothell (United States), founded in 2015 by Max Mankin and Tony Pan. It operates as a Provider of hydrogen generation solutions. Modern Hydrogen has raised $72.8M in funding from investors like Intellectual Ventures, NextEra Energy and Metaplanet. The company has 577 active competitors, including 121 funded and 34 that have exited. Its top competitors include companies like Lhyfe, Sunfire and Masdar.

Company Details

Provider of hydrogen generation solutions. This company is developing cutting-edge technology to locally decarbonize natural gas and produce clean hydrogen. It provides decarbonized natural gas and clean hydrogen for power generation, process heating, and space heating. The company's technology produces pure hydrogen inside a building or home while capturing emissions, which could aid in the decarbonization of heating systems.

Website: modernhydrogen.com
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Key Metrics

Founded Year

2015

Location

Bothell, United States

Stage

Series B

Total Funding

$72.8M in 5 rounds

Latest Funding Round

Conventional Debt, Nov 27, 2024, $*****

Investors

Intellectual Ventures & 13 more

Ranked

11^th among 577 active competitors

Employee Count

14 as on Sep 30, 2026

Similar Companies

HiiROC & 21 more

View Modern Hydrogen's full profile

Modern Hydrogen has raised a total funding of $72.8M over 5 rounds. Modern Hydrogen has 13 institutional investors and 1 angel investor.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 27, 2024	6614275	Conventional Debt	1264516	6054313	8504609	7769505
Mar 28, 2023	5856154	Series B	4500945	7414678	6851099	Valo Ventures & 6 more
Dec 20, 2021	8917494	Series B	6902747	1204505	At One Ventures	Extantia & 5 more

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View details of Modern Hydrogen's funding rounds and investors

The founders of Modern Hydrogen are Max Mankin and Tony Pan. Tony Pan is the CEO of Modern Hydrogen.

Here are the details of Modern Hydrogen's key team members:

Max Mankin: Former Co-Founder & CTO of Modern Hydrogen and founder of 1 other company.
Contact Info: 2 email addresses
Tony Pan: Co-Founder & CEO of Modern Hydrogen and founder of 1 other company.
Contact Info: 1 email address

View details of Modern Hydrogen's Founder profiles and Board Members

Modern Hydrogen's employee count trend

Modern Hydrogen has 14 employees as of Sep 26. Here is Modern Hydrogen's employee count trend over the years:

Employee count trend for Modern Hydrogen

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Top competitors of Modern Hydrogen include Lhyfe, Sunfire and Masdar. Here is the list of Top 10 competitors of Modern Hydrogen, 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	Mitsui, Noria & 12 others	71/100
2nd	Sunfire 2010, Dresden (Germany), Series E	Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems	$487M	Lightrock, Inven Capital & 37 others	67/100
3rd	Masdar 2006, Abu Dhabi (United Arab Emirates), Seed	Developer of renewable energy projects and low-carbon urban development solutions	-	Taaleri, Mubadala & 2 others	66/100
4th	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Vermögensclub, Defense.gov & 5 others	66/100
5th	Air Products 1940, Allentown (United States), Public	Manufacturer of industrial gases and chemicals	-	Pershing Square Capital Management, Military Health ... & 2 others	64/100
6th	GH2 Solar 2013, Noida (India), Series A	Provider of solar EPC and green hydrogen solutions	$9.09M	AARTH AIF, LC Infra Projects & 11 others	64/100
7th	Orsted 2006, Fredericia (Denmark), Acquired	Developer and operator of offshore wind farms and energy assets	-	ELM Responsible Investments, Equinor & 3 others	64/100
8th	HiiROC 2019, Hull (United Kingdom), Series A	Provider of solutions for hydrogen generation and storage	$63.2M	CEMEX Ventures, VNG & 22 others	63/100
9th	EvolOH 2020, Santa Clara (United States), Series A	Manufacturer of electrolyzer stacks for clean hydrogen production	$20.2M	Engine Ventures, URBAN-X & 7 others	63/100
10th	Hygenco 2020, Gurugram (India), Series C	Provider of green hydrogen and green ammonia production and distribution solutions	$130M	IFC, Neev Fund & 9 others	62/100
11th	Modern Hydrogen 2015, Bothell (United States), Series B	Provider of hydrogen generation solutions	$72.8M	National Grid Partners, Starlight Ventures ... & 12 others	62/100