When was Modern Hydrogen founded?

Modern Hydrogen was founded in 2015.

Where is Modern Hydrogen located?

Modern Hydrogen is headquartered in Bothell, United States.

How many employees does Modern Hydrogen have?

As of Aug 31, 2026, the latest employee count at Modern Hydrogen is 15.

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.

Where does Modern Hydrogen rank among its competitors?

Modern Hydrogen ranks 15th amongst 525 active competitors, of which 121 are funded. It stands 7th 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, Nel Hydrogen and Orsted. Among them, Hygenco secured the most recent funding round in June, 2026.

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

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
Social
Part Of

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

15^th among 525 active competitors

Employee Count

15 as on Aug 31, 2026

Similar Companies

Monolith & 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	4354917	Conventional Debt	2654821	2818044	4234694	5308993
Mar 28, 2023	9719529	Series B	7487882	8566049	5915799	Valo Ventures & 6 more
Dec 20, 2021	2729939	Series B	1151362	7704599	At One Ventures	Extantia & 5 more

Access funding benchmarks and valuations. Sign up today!

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 15 employees as of Aug 26. Here is Modern Hydrogen's employee count trend over the years:

Employee count trend for Modern Hydrogen

Uncover Modern Hydrogen's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Modern Hydrogen include Lhyfe, Nel Hydrogen and Orsted. 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	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	Air Products 1940, Allentown (United States), Public	Manufacturer of industrial gases and chemicals	-	Pershing Square Capital Management, Europa ... & 2 others	66/100
6th	Hygenco 2020, Gurugram (India), Series C	Provider of green hydrogen and green ammonia production and distribution solutions	$130M	Neev Fund, IFC & 9 others	66/100
7th	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
8th	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
9th	GH2 Solar 2013, Noida (India), Series A	Provider of solar EPC and green hydrogen solutions	$9.09M	GrowMo360, AARTH AIF & 11 others	65/100
10th	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
15th	Modern Hydrogen 2015, Bothell (United States), Series B	Provider of hydrogen generation solutions	$72.8M	National Grid Partners, Starlight Ventures ... & 12 others	62/100