Electric Hydrogen was founded in 2020 by David Eaglesham, focusing on delivering transformational low-cost Hydrogen. They focus on offering a complete solution, having powerful advanced PEM technology and an efficient dynamic operating system to improve conversion efficiency. Being split up by coast, the East Coast manages cell engineering, where they develop, test, and scale their electrolyzer technology. Whereas the West Coast is the home of the Prototype plant.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/03/2023 | Series C | $380.65MM | $xx.xx | $1.16B | Fortescue, Fifth Wall, Energy Impact Partners, bp Ventures, Oman Investment Authority, Temasek, Microsoft�s Climate Innovation Fund, the United Airlines Sustainable Flight Fund, New Legacy, Kajima Ventures, Fatima Holdings USA, Amazon�s Climate Pledge Fund, Equinor Ventures, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Prelude Ventures, S2G Ventures | |
Price per Share
$xx.xx
Shares Outstanding
66,318,787
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fortescue, Fifth Wall, Energy Impact Partners, bp Ventures, Oman Investment Authority, Temasek, Microsoft�s Climate Innovation Fund, the United Airlines Sustainable Flight Fund, New Legacy, Kajima Ventures, Fatima Holdings USA, Amazon�s Climate Pledge Fund, Equinor Ventures, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Prelude Ventures, S2G Ventures
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06/22/2022 | Series B-2 | $12.49MM | $xx.xx | $505.87MM | Fifth Wall Climate Tech, S2G Ventures, Silicon Valley Bank, Trinity Capital, Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Prelude Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,633,051
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fifth Wall Climate Tech, S2G Ventures, Silicon Valley Bank, Trinity Capital, Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Prelude Ventures
|
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06/22/2022 | Series B-1 | $126.84MM | $xx.xx | $505.87MM | Fifth Wall Climate Tech, S2G Ventures, Silicon Valley Bank, Trinity Capital, Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Prelude | |
Price per Share
$xx.xx
Shares Outstanding
31,982,763
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fifth Wall Climate Tech, S2G Ventures, Silicon Valley Bank, Trinity Capital, Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, Rio Tinto, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Prelude
|
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06/23/2021 | Series A | $23.86MM | $xx.xx | $80.83MM | Breakthrough Energy Ventures, Prelude Ventures, Capricorn Technology Impact Fund | |
Price per Share
$xx.xx
Shares Outstanding
21,797,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breakthrough Energy Ventures, Prelude Ventures, Capricorn Technology Impact Fund
|
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12/31/2020 | Series Seed | $749,992 | $xx.xx | $1.5MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
22,500,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|