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Industries
Industrial & Manufacturing
Energy
Company Size
1-10
Company Stage
Seed
Total Funding
$7M
Headquarters
Los Angeles, California
Founded
2021
Hgen provides clean hydrogen solutions to help heavy industries reduce their carbon emissions. The company focuses on producing and distributing hydrogen, which serves as a clean energy alternative for industries that consume large amounts of energy and contribute significantly to carbon pollution. Hgen's products work by supplying hydrogen to clients in sectors like manufacturing, transportation, and energy production, enabling them to lower their carbon footprints and meet environmental regulations. What sets Hgen apart from its competitors is its commitment to long-term contracts with industrial clients, ensuring a stable revenue stream while supporting the transition to sustainable energy. The company's goal is to decarbonize heavy industry and promote the use of renewable energy sources.
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Total Funding
$7M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Hgen raises $5M to commercialize higher efficiency electrolyzer.
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.
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.
Hgen hopes its "whole widget" approach to hydrogen production can decarbonize heavy industry and long-haul shipping.
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Industries
Industrial & Manufacturing
Energy
Company Size
1-10
Company Stage
Seed
Total Funding
$7M
Headquarters
Los Angeles, California
Founded
2021
Find jobs on Simplify and start your career today