About EvolOH
EvolOH is a company based in Santa Clara (United States) founded in 2020 by Jimmy Rojas.. EvolOH has raised $20.15 million across 5 funding rounds from investors including 3M, NextEra Energy Resources and Engine Ventures. The company has 13 employees as of December 31, 2023. EvolOH offers products and services including Nautilus Stack Module. EvolOH operates in a competitive market with competitors including BayoTech, thyssenkrupp nucera, H2SITE, HIF Global and 1s1 Energy, among others.
- Headquarter Santa Clara, United States
- Employees 13 as on 31 Dec, 2023
- Founders Jimmy Rojas
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Sectors
EnvironmentEnergy & Utilities
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Evoloh, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.15 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series A
Mar 26, 2024
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Investors
3M
& 4 more
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Employee Count
13
as on Dec 31, 2023
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Products & Services of EvolOH
EvolOH offers a comprehensive portfolio of products and services, including Nautilus Stack Module. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-throughput stacks for efficient clean hydrogen production.
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Funding Insights of EvolOH
EvolOH has successfully raised a total of $20.15M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in March 2024. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $20.0M
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First Round
First Round
(28 Jan 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - EvolOH | Valuation | Engine Ventures | |
| Jul, 2023 | Amount | Grant - EvolOH | Valuation |
investors |
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| Sep, 2022 | Amount | Grant - EvolOH | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EvolOH
EvolOH has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include 3M, NextEra Energy Resources and Engine Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology startups are funded by Engine Ventures venture capital.
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Founded Year | Domain | Location | |
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3M is recognized as a global leader in industrial innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EvolOH
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EvolOH
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evoloh Comparisons
Competitors of EvolOH
EvolOH 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 BayoTech, thyssenkrupp nucera, H2SITE, HIF Global and 1s1 Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Low-carbon hydrogen production, transport, and storage solutions are provided.
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| domain | founded_year | HQ Location |
thyssenkrupp nucera is engaged in green hydrogen and chemical electrolysis technologies.
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| domain | founded_year | HQ Location |
Provider of solutions for hydrogen generation
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| domain | founded_year | HQ Location |
Green hydrogen is generated via electrolysis for decarbonization solutions.
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| domain | founded_year | HQ Location |
Green hydrogen production is facilitated through advanced electrochemical technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evoloh
Frequently Asked Questions about EvolOH
When was EvolOH founded?
EvolOH was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is EvolOH located?
EvolOH is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of EvolOH?
Jimmy Rojas is the current CEO of EvolOH. They have also founded this company.
Is EvolOH a funded company?
EvolOH is a funded company, having raised a total of $20.15M across 5 funding rounds to date. The company's 1st funding round was a Grant of $274.92K, raised on Jan 28, 2021.
How many employees does EvolOH have?
As of Dec 31, 2023, the latest employee count at EvolOH is 13.
What does EvolOH do?
EvolOH was founded in 2020 in Santa Clara, United States, and operates in the clean energy sector. Electrolyzer stacks are produced through high-throughput manufacturing processes, supported by reliable domestic supply chains. Stack modules are provided to integrators, facilitating simplified plant design, reduced commissioning risks, and compatibility with standard balance-of-plant components. Operations emphasize cost efficiency in factory and stack production for hydrogen generation applications.
Who are the top competitors of EvolOH?
EvolOH's top competitors include H2SITE, thyssenkrupp nucera and BayoTech.
What products or services does EvolOH offer?
EvolOH offers Nautilus Stack Module.
Who are EvolOH's investors?
EvolOH has 5 investors. Key investors include 3M, NextEra Energy Resources, Engine Ventures, OSTI.GOV, and URBAN-X.
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