When was Watermeln founded?

Watermeln was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Watermeln located?

Watermeln is headquartered in Amsterdam, Netherlands.

How many employees does Watermeln have?

As of May 31, 2026, the latest employee count at Watermeln is 5.

Is Watermeln a funded company?

Watermeln is a funded company, having raised a total of $5.45M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2023.

When was the latest funding round of Watermeln?

Watermeln's latest funding was a $***** Series A round on Aug 16, 2024, with participation from 2 investors. Its primary sector is Renewable Energy Tech. In Netherlands, the Renewable Energy Tech sector has seen $132M in funding in 2026 to date.

Where does Watermeln rank among its competitors?

Watermeln ranks 173rd amongst 580 active competitors, of which 137 are funded. It stands 7th 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 Watermeln?

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

Watermeln - 2026 Company Profile, Team, Funding & Competitors

Watermeln is a series A company based in Amsterdam (Netherlands), founded in 2018 by Jasper Baltus and Jeff Wezel. It operates as a Provider of hydrogen generators for high power applications. Watermeln has raised $5.45M in funding from AKEF. The company has 580 active competitors, including 137 funded and 39 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Orsted.

Company Details

Provider of sustainable and zero-emission hydrogen generators for high power, offering a glimpse into the future of emission-free energy solutions.

Website: watermeln.com
Email ID: *****@watermeln.com
Phone Number: +31 **********

Key Metrics

Founded Year

2018

Location

Amsterdam, Netherlands

Stage

Series A

Total Funding

$5.45M in 2 rounds

Latest Funding Round

Series A, Aug 16, 2024, $*****

Investors

AKEF & 1 more

Ranked

173^rd among 580 active competitors

Employee Count

5 as on May 31, 2026

Similar Companies

Lhyfe & 189 more

View Watermeln's full profile

Watermeln has raised a total funding of $5.45M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Series A round on Aug 16, 2024 for $*****. 2 investors participated in its latest round. Watermeln has 2 institutional investors.

Here is the list of recent funding rounds of Watermeln:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 16, 2024	5478519	Series A	1763888	4374185	1416304	9814801
2023	2704	Seed	2078	6314	4927	9879

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View details of Watermeln's funding rounds and investors

The founders of Watermeln are Jasper Baltus and Jeff Wezel.

Here are the details of Watermeln's key team members:

Jasper Baltus: Co-Founder of Watermeln.
Contact Info: 1 email address
Jeff Wezel: Co-Founder of Watermeln.
Contact Info: 1 email address

View details of Watermeln's Founder profiles and Board Members

Watermeln's employee count trend

Watermeln has 5 employees as of May 26. Here is Watermeln's employee count trend over the years:

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Top competitors of Watermeln include Lhyfe, Nel Hydrogen and Orsted. Here is the list of Top 10 competitors of Watermeln, 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, Bpifrance & 12 others	71/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Vermögensclub, Defense.gov & 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	Enagas 1972, Madrid (Spain), Public	Provider of pipeline based natural gas transportation and ware-housing services	-	Oman Oil Company, Mubadala & 4 others	67/100
5th	Heliogen 2013, Pasadena (United States), Acquired	Producer of hydrogen and syngas using sunlight	$111M	Prime Movers Lab, ArcelorMittal & 23 others	66/100
6th	H3 Dynamics 2015, Singapore (Singapore), Series B	Provides aerial inspection services using drones	$39M	ACA Investments, Sparks Asset Management ... & 13 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	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
9th	H2PRO 2019, Caesarea (Israel), Series B	Developer of technology for producing hydrogen from water	$180M	Temasek, ArcelorMittal & 24 others	64/100
10th	Masdar 2006, Abu Dhabi (United Arab Emirates), Seed	Developer of renewable energy projects and low-carbon urban development solutions	-	Mubadala, Taaleri & 2 others	64/100
173rd	Watermeln 2018, Amsterdam (Netherlands), Series A	Provider of hydrogen generators for high power applications	$5.45M	AKEF, BEEQUIP Equipment Finance	33/100