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Ohmium - About the company

Ohmium is a series C company based in Newark (United States), founded in 2019 by Arne Ballantine and Kirsten Burpee. It operates as a Manufacturer of proton exchange membrane electrolyzers for green hydrogen production. Ohmium has raised $295M in funding from investors like TPG, 3M and Fenice Investment Group. The company has 160 active competitors, including 39 funded and 7 that have exited. Its top competitors include companies like Verdagy, H3 Dynamics and ITM Power.

Company Details

Manufacturer of proton exchange membrane electrolyzers for green hydrogen production. The company designs and commissions electrolyzers intended to boost operational efficiency and sustainability. Its interlocking modular design allows for scalable hydrogen production. The company utilizes proton exchange membrane technology. It offers green hydrogen solutions for industry, power, and transportation sectors.
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Email ID
*****@ohmium.com
Registered Address
No.19/3, 3rd Floor, Bikasipura Road,Off Kanakpura Rd,Konankunte Village, Uttarah, alli Hobli, Bangalore, Bengaluru, Karnataka, India, 560062
Key Metrics
Founded Year
2019
Location
Newark, United States
Stage
Series C
Total Funding
$295M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
556 as on Apr 30, 2026
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Ohmium's funding and investors

Ohmium has raised a total funding of $295M over 3 rounds. Its first funding round was on Apr 14, 2022. Its latest funding round was a Series C round on Jul 16, 2024 for $*****. 1 investor participated in its latest round. Ohmium has 8 institutional investors.

Here is the list of recent funding rounds of Ohmium:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 16, 2024
7607207
Series C
1335548
4832717
1435123
1740532
Apr 26, 2023
5432464
Series C
9656193
4024641
7460305
Apr 14, 2022
1196569
Series B
7050667
8679074
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Ohmium's founders and board of directors

Founder? Claim Profile
The founders of Ohmium are Arne Ballantine and Kirsten Burpee. Arne Ballantine is the CEO of Ohmium.
Here are the details of Ohmium's key team members:

Ohmium's Board of Directors

Ohmium's board has 1 active member. Arne Ballantine is independent board member.
Here is the list of Ohmium's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 3m

Ohmium's employee count trend

Ohmium has 556 employees as of Apr 26. Here is Ohmium's employee count trend over the years:
Employee count trend for Ohmium
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Ohmium's Competitors and alternates

Top competitors of Ohmium include Verdagy, H3 Dynamics and ITM Power. Here is the list of Top 10 competitors of Ohmium, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Verdagy
Verdagy
2021, Moss Landing (United States), Series B
Provider of electrolyzers for hydrogen production
$98M
66/100
2nd
Logo for H3 Dynamics
H3 Dynamics
2015, Singapore (Singapore), Series B
Provides aerial inspection services using drones
$39M
65/100
3rd
Logo for ITM Power
ITM Power
2001, Sheffield (United Kingdom), Public
Manufacturer of electrolysers for green hydrogen production using proton exchange membrane technology
-
64/100
4th
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
5th
Logo for Supercritical
Supercritical
2020, London (United Kingdom), Series A
Provider of high-pressure electrolyzer for the production of hydrogen and oxygen from water
$21M
62/100
6th
Logo for Hystar
Hystar
2020, Oslo (Norway), Series C
Provider of hydrogen generation solutions using electrolyzers
$67.9M
61/100
7th
Logo for Sunfire
Sunfire
2010, Dresden (Germany), Series E
Manufacturer of pressurized alkaline electrolyzers and solid oxide electrolyzer cell systems
$487M
61/100
8th
Logo for Jakson Green
Jakson Green
2022, Noida (India), Funding Raised
Developer of solar PV projects
-
60/100
9th
Logo for Versogen
Versogen
2018, Wilmington (United States), Series A
Provider of solutions for hydrogen generation
$15.5M
59/100
10th
Logo for Clean Power Hydrogen
Clean Power Hydrogen
2016, Doncaster (United Kingdom), Public
Manufacturer of membrane-free electrolysers for green hydrogen production solutions
$3.64M
59/100
15th
Logo for Ohmium
Ohmium
2019, Newark (United States), Series C
Manufacturer of proton exchange membrane electrolyzers for green hydrogen production
$295M
58/100
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Ohmium's Investments and acquisitions

Ohmium has made no investments or acquisitions yet.

Reports related to Ohmium

Here is the latest report on Ohmium's sector:

News related to Ohmium

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Media has covered Ohmium for a total of 8 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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