Fusion Fuel

Sabugo, Portugal Founded: 2016 • Age: 10 yrs
Provider of solar energy-based hydrogen generation
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About Fusion Fuel

Fusion Fuel is a company based in Sabugo (Portugal) founded in 2016 by Joao Wahnon and Pedro Falcao Cunha.. The company has 131 employees as of December 31, 2024. Fusion Fuel has completed 1 acquisition, including Quality Industrial. Fusion Fuel offers products and services including PEM Electrolysis Technology and Green Hydrogen Solutions. Fusion Fuel operates in a competitive market with competitors including Heliogen, BlueDot Photonics, SunHydrogen, SoHHytec and Enapter, among others.

  • Headquarter Sabugo, Portugal
  • Employees 131 as on 31 Dec, 2024
  • Founders Joao Wahnon, Pedro Falcao Cunha
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fusion Fuel Green Plc
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $1.74 M
    -61.25
    as on Dec 31, 2024
  • Net Profit
    $-14.91 M
    55.53
    as on Dec 31, 2024
  • EBITDA
    $-16.22 M
    53.93
    as on Dec 31, 2024
  • Latest Funding Round
    $4.3 M (USD), Post-IPO

    Jul 22, 2025

  • Investors
  • Employee Count
    131

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Fusion Fuel

Fusion Fuel is a publicly listed company on the NASDAQ with ticker symbol HTOO in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: HTOO . Sector: Process industries · USA

Products & Services of Fusion Fuel

Fusion Fuel offers a comprehensive portfolio of products and services, including PEM Electrolysis Technology and Green Hydrogen Solutions. 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.

Primary

System for generating green hydrogen using water and solar power.

Innovative tools for carbon-free hydrogen generation and investment.

People of Fusion Fuel
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Tomás Liniers Gorostizaga
Mobility Manager
People
Sinead O'Driscoll
Finance Director
People
Ali Thornbury Aca
Accounting Director

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Funding Insights of Fusion Fuel

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $4.3M
  • First Round

    (25 Aug 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Post-IPO - Fusion Fuel Valuation

investors

Mar, 2025 Amount Post-IPO - Fusion Fuel Valuation

investors

Jan, 2025 Amount Post-IPO - Fusion Fuel Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fusion Fuel

Fusion Fuel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fusion Fuel

Fusion Fuel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quality Industrial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of heavy engineered equipment and infrastructure for the Energy & Utility sectors
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fusion Fuel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fusion Fuel Comparisons

Employees
+
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Competitors of Fusion Fuel

Fusion Fuel 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 Heliogen, BlueDot Photonics, SunHydrogen, SoHHytec and Enapter, 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
Heliogen is focused on decarbonizing industries with solar thermal energy.
domain founded_year HQ Location
Manufacturer of nanotech-enabled solar panels and photonic devices
domain founded_year HQ Location
Nanotechnology-based hydrogen is generated from sunlight and water.
domain founded_year HQ Location
SoHHytec is focused on renewable hydrogen and electricity production.
domain founded_year HQ Location
Enapter is recognized as a leader in AEM Electrolyzer technology.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fusion Fuel

Frequently Asked Questions about Fusion Fuel

When was Fusion Fuel founded?

Fusion Fuel was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Fusion Fuel located?

Fusion Fuel is headquartered in Sabugo, Portugal.

How many employees does Fusion Fuel have?

As of Dec 31, 2024, the latest employee count at Fusion Fuel is 131.

What is the annual revenue of Fusion Fuel?

Annual revenue of Fusion Fuel is $1.74M as on Dec 31, 2024.

What does Fusion Fuel do?

Provider of solar energy-based hydrogen generation. It provides an electrolyzer that produces hydrogen using renewable energy.

Who are the top competitors of Fusion Fuel?

Fusion Fuel's top competitors include BlueDot Photonics, SunHydrogen and SoHHytec.

What products or services does Fusion Fuel offer?

Fusion Fuel offers PEM Electrolysis Technology and Green Hydrogen Solutions.

Is Fusion Fuel publicly traded?

Yes, Fusion Fuel is publicly traded on NASDAQ under the ticker symbol HTOO.

How many acquisitions has Fusion Fuel made?

Fusion Fuel has made 1 acquisition, including Quality Industrial.

Who are Fusion Fuel's investors?

Fusion Fuel has 1 investor. Key investors include European Union.

What is Fusion Fuel's ticker symbol?

The ticker symbol of Fusion Fuel is HTOO on NASDAQ.

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