Electric Hydrogen Stock

eh2.comEnergy / Energy efficiencyFounded: 2020Funding to Date: $1.12B

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.

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Private Market Pricing DetailsValuation & Financings

Electric Hydrogen Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Electric Hydrogen Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
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
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
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
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

Electric Hydrogen investors also invested in these private companies

Terra Talent
New Legacy
Amazon�S Climate Pledge Fund
Capricorn Partners
United Airlines Ventures
Kajima Ventures
Mitsubishi Heavy Industries
The United Airlines Sustainable Flight Fund
Capricorn Technology Impact Fund
Microsoft�S Climate Innovation Fund
Trinity Capital Investment
Oman Investment Authority
Fortescue Future Industries
Fatima Group
Fifth Wall Climate Tech
Fatima Holdings Usa

Leadership & Board

Leadership

Derek Warnick
Co-Founder & Chief Financial Officer
David Eaglesham
Co-Founder & Chief Technology Officer
Beth Deane
Chief Legal Officer
Renata Naoumov
Chief People Officer
Dorian West
Co-Founder, Executive Vice President of Engineering & Advisor
Raffi Garabedian
Co-Founder & Chief Executive Officer

Board

David Danielson Ph.D
Breakthrough Energy
Matthew Hill
Equinor Ventures

Electric Hydrogen stock FAQs

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Can you buy Electric Hydrogen stock?

As Electric Hydrogen is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Electric Hydrogen, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Electric Hydrogen stock?

To invest in a private company like Electric Hydrogen through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Electric Hydrogen stock?

Yes, you may sell the Electric Hydrogen stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Electric Hydrogen stock?

If you hold private company shares of Electric Hydrogen – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Electric Hydrogen on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Electric Hydrogen a public company?

No, Electric Hydrogen is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Electric Hydrogen’s stock price?

Electric Hydrogen is a privately held company and therefore does not have a public stock price. However, you may access Electric Hydrogen private market stock price with Forge Data.
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What is Electric Hydrogen’s stock ticker symbol?

Electric Hydrogen does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Electric Hydrogen’s news and media highlights

Schneider Electric, the leader in the digital transformation of energy management and automation, and Hy Stor Energy, a company pioneering carbon-free renewable hydrogen production and long-duration storage at scale, today announced they have signed a memorandum of understanding (MOU) to support the development of Hy Stor Energy's Mississippi Clean Hydrogen Hub (MCHH) and its broader U.S. development platform. In this partnership, Schneider Electric and Hy Stor Energy are solving large-scale energy and sustainability challenges that are required to transition to a renewable and fossil-free energy system.
Trinity Capital Inc., a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen for critical industries. Electric Hydrogen's electrolyzer systems are complete chemical plants that produce green hydrogen from renewable electricity and water, allowing for the decarbonization of industrial processes such as fertilizer production, steelmaking, base chemical production, and more. Electric Hydrogen's 100 megawatt electrolyzer plant produces nearly 50 tons of green hydrogen each day at an ultra-low cost.
Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to convince investors that its tech is a bet they should take. Electric Hydrogen (EH2), a Massachusetts-based green hydrogen technology company, has just become green hydrogen’s first unicorn, with a $380 million Series C raise that brought its valuation up to $1 billion.
Hundreds of companies have promised to produce large amounts of green hydrogen, but none have succeeded. Electric Hydrogen believes the secret to success is finding a better way to split a molecule. Investors believe it too. The company is the green hydrogen industry’s first unicorn. It recently raised $380 million from backers including BP, United Airlines, Microsoft and iron-ore producer Fortescue Metals. That pushed it over the magical $1 billion mark.
Updated on: Nov 17, 2024

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