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 | Amazon�S Climate Pledge Fund, Bp Ventures, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Equinor Ventures, Fatima Holdings Usa, Fifth Wall, Fortescue, Kajima Ventures, Microsoft�S Climate Innovation Fund, Mitsubishi Heavy Industries, New Legacy, Oman Investment Authority, Prelude Ventures, Rio Tinto, S2g Ventures, Temasek, The United Airlines Sustainable Flight Fund | |
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
--
Key Investors
Amazon�S Climate Pledge Fund, Bp Ventures, Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, Equinor Ventures, Fatima Holdings Usa, Fifth Wall, Fortescue, Kajima Ventures, Microsoft�S Climate Innovation Fund, Mitsubishi Heavy Industries, New Legacy, Oman Investment Authority, Prelude Ventures, Rio Tinto, S2g Ventures, Temasek, The United Airlines Sustainable Flight Fund
|
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06/22/2022 | Series B-2 | $12.49MM | $xx.xx | $505.87MM | Breakthrough Energy Ventures, Capricorn Partners, Climate Pledge Fund, Cosan, Energy Impact Partners, Equinor Ventures, Fifth Wall Climate Tech, Honeywell, Mitsubishi Heavy Industries, Prelude Ventures, Rio Tinto, S2g Ventures, Silicon Valley Bank, Trinity Capital | |
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
--
Key Investors
Breakthrough Energy Ventures, Capricorn Partners, Climate Pledge Fund, Cosan, Energy Impact Partners, Equinor Ventures, Fifth Wall Climate Tech, Honeywell, Mitsubishi Heavy Industries, Prelude Ventures, Rio Tinto, S2g Ventures, Silicon Valley Bank, Trinity Capital
|
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06/22/2022 | Series B-1 | $126.84MM | $xx.xx | $505.87MM | Breakthrough Energy Ventures, Capricorn Partners, Climate Pledge Fund, Cosan, Energy Impact Partners, Equinor Ventures, Fifth Wall Climate Tech, Honeywell, Mitsubishi Heavy Industries, Prelude, Rio Tinto, S2g Ventures, Silicon Valley Bank, Trinity Capital | |
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
--
Key Investors
Breakthrough Energy Ventures, Capricorn Partners, Climate Pledge Fund, Cosan, Energy Impact Partners, Equinor Ventures, Fifth Wall Climate Tech, Honeywell, Mitsubishi Heavy Industries, Prelude, Rio Tinto, S2g Ventures, Silicon Valley Bank, Trinity Capital
|
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06/23/2021 | Series A | $23.86MM | $xx.xx | $80.83MM | Breakthrough Energy Ventures, Capricorn Technology Impact Fund, Prelude Ventures | |
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
--
Key Investors
Breakthrough Energy Ventures, Capricorn Technology Impact Fund, Prelude Ventures
|
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12/31/2020 | Series Seed | $749,992.50 | $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
--
Key Investors
Undisclosed Investors
|