About Hy2gen
Hy2gen is a company based in Wiesbaden (Germany) founded in 2017.. Hy2gen has raised $280.77 million across 2 funding rounds from investors including Mirova, Technip Energies and Caisse de depot et placement du Quebec. Hy2gen has completed 1 acquisition, including HY2GEN. Hy2gen offers products and services including Renewable Hydrogen and Renewable Ammonia.
- Headquarter Wiesbaden, Germany
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Sectors
Energy & UtilitiesChemicals & Materials
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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 Hy2gen Ag
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Products & Services of Hy2gen
Hy2gen offers a comprehensive portfolio of products and services, including Renewable Hydrogen and Renewable Ammonia. 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.
Renewable hydrogen is produced for decarbonizing hard-to-abate sectors like transport and industry.
Renewable ammonia is derived from hydrogen for use in chemicals and energy applications.
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Funding Insights of Hy2gen
Hy2gen has successfully raised a total of $280.77M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $53.4 million completed in April 2025. 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 2
- Last Round Series D — $53.4M
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First Round
First Round
(17 Feb 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series D - Hy2gen | Valuation | Hy24 | |
| Feb, 2022 | Amount | Series D - Hy2gen | Valuation | Hy24 |
| 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 Hy2gen
Hy2gen has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Mirova, Technip Energies and Caisse de depot et placement du Quebec. 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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Investments in equities, bonds, infrastructure, and impact projects are managed.
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Founded Year | Domain | Location | |
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Investment strategies are provided across diverse asset classes and markets.
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Founded Year | Domain | Location | |
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Hy24 invests in hydrogen projects and technologies for global decarbonization efforts.
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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 Hy2gen
Hy2gen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HY2GEN. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Power-to-Gas production plant is operated in Werlte, Germany.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hy2gen
| 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 |
Hy2gen Comparisons
Competitors of Hy2gen
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Hy2gen
When was Hy2gen founded?
Hy2gen was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Hy2gen located?
Hy2gen is headquartered in Wiesbaden, Germany. It is registered at Wiesbaden, Hesse, Germany.
Is Hy2gen a funded company?
Hy2gen is a funded company, having raised a total of $280.77M across 2 funding rounds to date. The company's 1st funding round was a Series D of $227.37M, raised on Feb 17, 2022.
What does Hy2gen do?
Hy2gen was established in 2017 in Wiesbaden, Germany, within the energy sector. Manufacturing of hydrogen products is carried out, complemented by energy training programs and various support services. Operations are centered on hydrogen technologies, with activities extending to production processes and educational initiatives. The company maintains a presence in Germany, focusing on sustainable energy solutions for industrial applications.
What products or services does Hy2gen offer?
Hy2gen offers Renewable Hydrogen and Renewable Ammonia.
How many acquisitions has Hy2gen made?
Hy2gen has made 1 acquisition, including HY2GEN.
Who are Hy2gen's investors?
Hy2gen has 6 investors. Key investors include Mirova, Technip Energies, Caisse de depot et placement du Quebec, Hy24, and Technip Energies.