BayoTech

Houston, United States Founded: 2015 • Age: 11 yrs
Low-carbon hydrogen production, transport, and storage solutions are provided.
Annual revenue - Latest available
Total funding $175.5M 7 rounds
Employees 86 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About BayoTech

BayoTech is a company based in Houston (United States) founded in 2015. BayoTech has raised $175.45 million across 7 funding rounds from investors including Sun Mountain Capital, The Yield Lab and Fortistar. The company has 86 employees as of December 31, 2023. BayoTech has completed 1 acquisition, including IGX Group. BayoTech operates in a competitive market with competitors including Orsted, Nel Hydrogen, Electric Hydrogen, Sunfire and Verdagy, among others.

  • Headquarter Houston, United States
  • Employees 86 as on 31 Dec, 2023
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $175.45 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    86

    as on Dec 31, 2023

  • Investments & Acquisitions
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People of BayoTech

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Kevin Lawlor
Chief Operations Officer
People
Ankeet Kaji
Instrumentation And Electrical Head
People
Chris Granger
Chief Operating Officer
People
David Best
CEO & Executive Director of Engineering

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Funding Insights of BayoTech

BayoTech has successfully raised a total of $175.45M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BayoTech

BayoTech has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Sun Mountain Capital, The Yield Lab and Fortistar.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Private equity fund focused on multiple sectors
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Private equity fund focused on multiple sectors
Locked Locked Locked
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Investor details for BayoTech

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  • Investor domains
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Investments & Acquisitions by BayoTech

BayoTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IGX Group.

Investments
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Investment portfolio details for BayoTech

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Offers hydrogen fueling and other gas products
Locked Locked 2010 Locked
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Complete acquisition details for BayoTech

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Financial Statements - BayoTech

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Detailed financials for BayoTech

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Bayotech Comparisons

BayoTech Primary company
Description
Low-carbon hydrogen production, transport, and storage solut...
Location
Houston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
86
As of 2023
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Peer comparison for BayoTech

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Competitors of BayoTech

BayoTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Orsted, Nel Hydrogen, Electric Hydrogen, Sunfire and Verdagy, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Power generation via bioenergy, thermal, and wind sources is offered.
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Provider of hydrogen production and storage solutions
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Solutions for hydrogen generation via electrolysis are provided.
Locked Locked Locked
Pressurized alkaline and solid oxide electrolysis products are manufactured.
Locked Locked Locked
Electrolyzers for hydrogen production are supplied by Verdagy.
Locked Locked Locked
Producer and supplier of green hydrogen
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Detailed competitors of BayoTech

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Latest news on Bayotech

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Complete news archive for BayoTech

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Frequently Asked Questions about BayoTech

BayoTech was founded in 2015 and raised its 1st funding round 1 year after it was founded.

BayoTech is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Justin Eisenach is the current CEO of BayoTech.

BayoTech is a funded company, having raised a total of $175.45M across 7 funding rounds to date.

As of Dec 31, 2023, the latest employee count at BayoTech is 86.

BayoTech was founded in 2015 in Houston, United States, within the clean energy sector. Hydrogen production, transport, and storage solutions are offered to support low-carbon alternatives. Local production is enabled through a network of BayoGaaS hubs, where hydrogen is generated and distributed to address regional needs. Emissions from transportation are reduced, and supply chains are optimized for efficiency.

BayoTech's top competitors include Lhyfe, Nel Hydrogen and Orsted.

BayoTech has made 1 acquisition, including IGX Group.

BayoTech has 5 investors. Key investors include Sun Mountain Capital, The Yield Lab, Fortistar, Cottonwood Technology Fund, and Newlight Partners.

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