About Evolve Hydrogen
Evolve Hydrogen is a company based in Stony Brook (United States) founded in 2020 by Brian Gilman and Spencer Teplin. Evolve Hydrogen has raised $31.25 thousand across 1 funding round. Evolve Hydrogen offers products and services including Evolveâ„¢ Electrolyzer. Evolve Hydrogen operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Stony Brook, United States
- Founders Brian Gilman, Spencer Teplin
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Phone•••• ••••
- Website evolvehydrogen.com
- Social LinkedIn X Instagram
- Legal Name Evolve Hydrogen, Inc
- Total Equity Funding$31.25K (USD)
in 1 rounds
- Latest Funding Round$31.25K (USD), Seed
Jun 2021
Products & Services of Evolve Hydrogen
Evolve Hydrogen offers a comprehensive portfolio of products and services, including Evolve™ Electrolyzer.
Device for efficient green hydrogen production from seawater sources
Funding Insights of Evolve Hydrogen
Evolve Hydrogen has successfully raised a total of $31.25K through 1 strategic funding round. The most recent funding activity was a Seed round of $31.25 thousand completed in June 2021. 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 $31,250
- Total Rounds 1
- Last Round Seed — $31,250
- First Round $31,250
(Jun 2021)
All 1 funding rounds of Evolve Hydrogen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $31,250 | Seed | – | – | – |
People of Evolve Hydrogen
2 people are tracked at Evolve Hydrogen (2 in leadership).
| Name | Role | Group |
|---|---|---|
Brian Gilman | Co-Founder & CEO | Leadership |
Spencer Teplin | Co-Founder | Leadership |
Complete people profiles for Evolve Hydrogen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of Evolve Hydrogen
2 dated milestones of Evolve Hydrogen across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Evolve Hydrogen is founded.
- Funding First funding round of $31K.
Competitors of Evolve Hydrogen
Evolve Hydrogen 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 Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nelhydrogen.com | 1927 | Oslo, Norway | – | 673 | Provider of hydrogen production and storage solutions | |
| orsted.com | 2006 | Fredericia, Denmark | – | 5,638 | Power generation via bioenergy, thermal, and wind sources is offered. | |
| lhyfe.com | 2017 | Nantes, France | $96.93M | 195 | Producer and supplier of green hydrogen | |
| sunfire.de | 2010 | Dresden, Germany | $693.37M | 64 | Pressurized alkaline and solid oxide electrolysis products are manufactured. | |
| h3dynamics.com | 2015 | Singapore | $39M | – | Aerial inspection services are delivered using automated drones. | |
| eh2.com | 2020 | San Carlos, United States | $602.65M | 146 | Solutions for hydrogen generation via electrolysis are provided. | |
| verdagy.com | 2021 | Moss Landing, United States | $98M | 42 | Electrolyzers for hydrogen production are supplied by Verdagy. | |
| greenhydrogen.dk | 2007 | Kolding, Denmark | $259.35M | 298 | On-site hydrogen production solutions for energy applications are developed. | |
| stargatehydrogen.com | 2020 | Tallinn, Estonia | $56.34M | 57 | Green hydrogen is produced via electrolysis using alkaline technology. |
Detailed competitors of Evolve Hydrogen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Evolve Hydrogen
10 companies that operate in the same segment as Evolve Hydrogen (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Evolve Hydrogen
Evolve Hydrogen was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Evolve Hydrogen is headquartered in Stony Brook, United States. It is registered at Stony Brook, New York, United States.
Brian Gilman is the current CEO of Evolve Hydrogen. They have also founded this company.
Evolve Hydrogen is a funded company, having raised a total of $31.25K across 1 funding round to date. The company's 1st funding round was a Seed of $31.25K, raised on Jun 2021.
Evolve Hydrogen was founded in 2020 and is headquartered in Stony Brook, United States. Operations center on the clean energy sector, where electrolysis solutions powered by renewable sources are developed for hydrogen production. The Evolve system, based on polymer technology, is employed to extract hydrogen from various water sources, including tap water, seawater, and groundwater. Services target sustainable energy applications across industrial contexts.
Evolve Hydrogen's top competitors include Lhyfe, Nel Hydrogen and Orsted.
Evolve Hydrogen offers Evolveâ„¢ Electrolyzer.
Evolve Hydrogen operates through Evolve Hydrogen, Inc.