Electric Hydrogen Raises $380M in Series C Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Stay updated with breaking news from Dave Eaglesham. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
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. 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.
Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and
Today ELECTRIC HYDROGEN (EH2) announced the successful completion of an oversubscribed $380 million Series C financing. The new capital will accelerate the
Fifth Wall Climate Tech leads round that includes Amazon, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries and Rio Tinto...