Hgen

Hgen

Hydrogen production and distribution for decarbonization

About Hgen

Simplify's Rating
Why Hgen is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

11-50

Company Stage

Seed

Total Funding

$7M

Headquarters

Los Angeles, California

Founded

2021

Overview

Hgen provides clean hydrogen solutions to decarbonize heavy industry. It produces and distributes hydrogen for industrial use, selling through long-term contracts to clients in sectors with high energy demand and significant emissions, such as manufacturing, transportation, and energy production. The hydrogen is offered as a replacement for fossil fuels in industrial processes and as a feedstock or energy source to lower carbon footprints. Compared with competitors, Hgen focuses on reliable, large-scale hydrogen supply for heavy industry and emphasizes long-term, predictable contracts to meet the steady energy needs of energy-intensive sectors. Its goal is to help customers reduce their carbon footprints, comply with environmental regulations, and transition to sustainable energy sources through scalable hydrogen supply.

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Simplify's Take

What believers are saying

  • Bodycote deployment cuts emissions over 90% and hydrogen costs at California facility.
  • $5M funding from Seven Seven Six accelerates commercialization post-$2M seed in 2022.
  • Tesla and SpaceX alumni expertise drives scaling for chemicals, steel, semiconductors.

What critics are saying

  • Catagen's electrolysis-free HGEN undercuts costs in heavy industry within 12-24 months.
  • HYDGEN's AEM electrolyzers erode Hgen's price edge in manufacturing by 6-12 months.
  • Name confusion with HGEN ETF and Catagen dilutes Hgen's visibility immediately.

What makes Hgen unique

  • Hgen's electrolyzer achieves 20x smaller footprint than alternatives using optimized electrodes.
  • Modular 40-foot container design enables two-week installation at Bodycote's Rancho Dominguez site.
  • Alkaline technology shrinks stack size while matching hydrogen output through bubble management.

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Funding

Total Funding

$7M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$5M
Hgen

Benefits

Health Insurance

401(k) Retirement Plan

Remote Work Options

Unlimited Paid Time Off

Flexible Work Hours

Hybrid Work Options

Wellness Program

Mental Health Support

Office/Relocation?

Phone/Internet Stipend

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

-9%

1 year growth

0%

2 year growth

0%
Global Hydrogen Review
Mar 27th, 2026
Bodycote deploys on-site hydrogen generation.

Bodycote deploys on-site hydrogen generation. Bodycote, a provider of heat treatment and thermal processing services, has deployed an on-site hydrogen generation system from Hgen at its Rancho Dominguez facility in California, US. The new system will deliver a cleaner, more resilient, and lower-cost hydrogen supply while contributing to sustainability and decarbonisation objectives. Hydrogen is an essential industrial gas used in Bodycote's precision heat treatment and surface coating technologies, treating metal and metal-alloy components for the aerospace, defense, automotive and energy sectors. This installation provides a lower-cost, lower-emissions solution. The new system at Rancho Dominguez generates hydrogen at the point of use from electricity and water, eliminating impacts associated with bulk hydrogen transportation, distribution, and vendor handling and reducing associated emissions by more than 90%. It will also help drive down the cost of hydrogen. Bodycote partnered with industrial gas innovator Hgen to deploy the hydrogen generation system at the plant. The Hgen module footprint is 20 times smaller than alternatives that produce the same gas volume, reducing system cost and space requirements. Its modular, expandable design allows production capacity to scale with process demand, supporting efficient resource use at Bodycote's California site while strengthening long-term supply security. The containerised module was supplied pre-assembled, minimising custom integration, and installation took less than two weeks. "On-site gas generation avoids the need for expensive gas compression, transport, and storage," said Molly Yang, CEO at Hgen. "The high efficiency of Hgen's technology allows Bodycote to reduce gas costs while advancing its sustainability goals." Success at Rancho Dominguez is expected to pave the way for broader deployment of distributed hydrogen generation across additional sites, reinforcing Bodycote's long-term energy transition strategy and sustainability commitments. The Rancho Dominguez facility offers a complete range of heat-treatment and joining technologies, including annealing, vacuum heat treatment, diffusion bonding, and multiple brazing methods such as vacuum, hydrogen, inert atmosphere and induction brazing. Certified to AS/EN 9100, ISO 14001 and NADCAP for both brazing and heat treatment, the facility upholds rigorous quality, safety and environmental standards, ensuring consistent performance and traceability for critical components. Accreditations such as AS/EN 9100, Nadcap enable the facility to meet the rigorous standards of the aerospace and defence sector. ISO 14001 certifications underpin its commitment to quality, environmental stewardship and health & safety across diverse industries. Embed article link: (copy the HTML code below):

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Oct 29th, 2025
Hgen Optimizes Hydrogen Production Based on Lessons from Tesla and SpaceX

Hgen optimizes hydrogen production based on lessons from Tesla and SpaceX. Hydrogen might be touted as a fuel of the future that stands ready to decarbonize shipping and industry, but for the 90 million metric tons used today in everything from fertilizer production to chemical manufacturing, 96% is derived directly from natural gas, oil, or coal. For instance, one of the most common ways is through steam reformation of methane, which basically cooks methane so the hydrogen falls off, releasing carbon dioxide in the process. Hardly the stuff of a climate-friendly future. That means there's plenty of room for companies trying to make the production of hydrogen cheaper. "There's over $100 billion spent today on hydrogen in industrial applications," said Molly Yang, co-founder and CEO of Hgen. Yang and her co-founder Colin Ho founded Hgen three years ago after stints at Tesla and SpaceX, respectively. Their goal was to modularize electrolyzers, the chemistry kits capable of cranking out green hydrogen by splitting water atoms into hydrogen and oxygen. Electrolysis isn't perfectly clean - it still requires electricity, which today is generated from a mixture of renewables and fossil fuels, but as the grid gets cleaner, the production of hydrogen through electrolysis gets cleaner as well. That vision earned them a $2 million seed round in 2022 led by Founders Fund, and induction into that year's Breakthrough Energy Fellows cohort. Now, Hgen is back with another $5 million funding round from Seven Seven Six with participation from Fontinalis Partners and Founders Fund, the company exclusively told TechCrunch. Part of Hgen's initial pitch was that Limacu has all the electrolyzer technology Limacu need today, but it's not sufficiently optimized. "We aren't a materials R&D company," Yang told TechCrunch. Instead, the team focused on optimizing the entire widget, from the electrolyzer's electrodes to the tangle of pipes and pumps that support them. Hgen is using alkaline electrolyzers, an old and proven technology that typically trades some of the efficiency gains of newer approaches in favor of lower costs. But Yang claimed that Hgen has found a way to shrink the electrolyzer twenty-fold, reducing materials and manufacturing costs. "Even with first builds, we're coming out at a much lower cost," she said. In an electrolyzer, the magic happens at the interface between the electrode and the liquid. The electrodes carry electricity into the liquid and facilitate the chemical reaction that splits the bonds between hydrogen and oxygen. When that happens, bubbles of hydrogen gas on one side of the electrolyzer and oxygen gas on the other form on the electrodes and eventually trickle up to the surface. But those bubbles also tend to overstay their welcome. "That blocks the electrodes from being reactive and being able to form new hydrogen," Yang said. So Hgen tweaked the electrode design to encourage hydrogen and oxygen bubbles to leave sooner. That means that Hgen's electrolyzer stack can be smaller and produce the same amount of hydrogen. A smaller stack uses fewer materials and takes up less space, further cutting costs. "Our cell design basically allows for this virtuous cycle," she said. Yang said that Hgen is going to package the entire thing into a 40-foot shipping container that can be delivered to a site and hooked up with minimal labor - "just water and electrical inputs," she said. The startup is initially targeting companies that currently get hydrogen delivered in a liquified form, which Yang said can cost well over $10 per kilogram. "Being able to avoid all of that liquefaction, all of that truck delivery, is just a more appealing cost proposition for them," she said. "And also a more stable, secure supply for them."

Antara News Agency
Sep 17th, 2024
Hgen Raises $5M to Commercialize Higher Efficiency Electrolyzer

Hgen raises $5M to commercialize higher efficiency electrolyzer.

Fuel Cells Works
Sep 17th, 2024
Hgen Raises $5M for Alkaline Electrolyzers | Fuel Cells Works

Hgen, a hydrogen startup, raised $5 million to accelerate commercialization of its alkaline electrolyzers with 20x higher volumetric power density, reducing the cost of hydrogen production.

JatApp
Sep 20th, 2022
SpaceX invests into Hgen in $2M

At the same time, big companies nod towards green energy startups as well: Tesla and SpaceX invest $2 million in Hgen, a startup which works with production and distribution of hydrogen-based energy.

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