10 months ago

HYDGEN Raises $5M for Green Hydrogen Production Expansion

HYDGEN Raises $5M for Green Hydrogen Production Expansion
HYDGEN raises $5 million to deliver industrial-scale green hydrogen · thehindubusinessline.com

Imagine a company called HYDGEN that makes a special machine to create clean energy called green hydrogen.

They just got $5 million to make their machines better and sell them in more places.

Their machine uses a special method called AEM electrolyzers, which is like a super-efficient way to split water into hydrogen.

This new funding will help HYDGEN produce hydrogen in a cost-effective way, so factories can make their own clean fuel.

This will reduce shipping costs and make the supply of hydrogen more reliable.

They are expanding to Japan, Europe and the Middle East to further help industries that are already using hydrogen.

Key facts

Company
HYDGEN
Funding Amount
$5 million
Funding Round
Equity and Debt
Lead Investor
Transition VC
Technology
AEM electrolyzers
Product Range
1 kW to 100 kW systems (250kW in development)

Quotes

Manipaddy Krishna Kumar

Co-Founder and COO of HYDGEN

“Many discussions about hydrogen focus on its role in a clean energy future, but the urgent opportunity is enabling industries to have hydrogen where and when they need it, with purity they can trust. Our AEM electrolyzers allow companies to produce hydrogen on-site at a competitive cost, solving supply chain challenges today while preparing them for the broader transition to green hydrogen in the years ahead.”
thehindubusinessline.com

Mohamed Shoeb Ali

Managing Partner at Transition VC

“HYDGEN is the first team we’ve seen capable of scaling AEM electrolyzers to true industrial levels while maintaining cost leadership. This is no longer a research initiative but a commercially ready platform serving industries already dependent on hydrogen today.”
thehindubusinessline.com

Khoong Hock Yun

Managing Partner at Moringa Ventures

“Global decarbonization requires solutions that are not just green but practical. HYDGEN’s approach to decentralized hydrogen production can reshape the global supply chain by making hydrogen generation efficient, resilient, and accessible at the point of use.”
thehindubusinessline.com

Sources

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