About HYDROGEN Mem-Tech
HYDROGEN Mem-Tech is a company based in Trondheim (Norway) founded in 2017.. HYDROGEN Mem-Tech has raised $17.72 million across 2 funding rounds from investors including Shell, SINTEF and Peak Sustainability Ventures. The company has 13 employees as of December 31, 2022. HYDROGEN Mem-Tech offers products and services including Palladium Separators and Hydrogen Separation Technology. HYDROGEN Mem-Tech operates in a competitive market with competitors including Orsted, Nel Hydrogen, Electric Hydrogen, Sunfire and Verdagy, among others.
- Headquarter Trondheim, Norway
- Employees 13 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hydrogen Mem-Tech As
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Annual Revenue
$12.29 K (USD)-98as on Dec 31, 2022
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Net Profit
$-4.23 M (USD)-99as on Dec 31, 2022
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EBITDA
$-3.53 M (USD)-68as on Dec 31, 2022
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Total Equity Funding
$17.72 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Shell
& 5 more
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Employee Count
13
as on Dec 31, 2022
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Products & Services of HYDROGEN Mem-Tech
HYDROGEN Mem-Tech offers a comprehensive portfolio of products and services, including Palladium Separators and Hydrogen Separation Technology. 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.
Devices for converting bio- and natural gases into pure hydrogen
Scalable system for clean hydrogen production and global delivery
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Funding Insights of HYDROGEN Mem-Tech
HYDROGEN Mem-Tech has successfully raised a total of $17.72M across 2 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(10 May 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - HYDROGEN Mem-Tech | Valuation | Peak Sustainability Ventures , AP Ventures | |
| May, 2022 | Amount | Series B - HYDROGEN Mem-Tech | Valuation | AP Ventures , Yara Growth Ventures |
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| 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 HYDROGEN Mem-Tech
HYDROGEN Mem-Tech has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, SINTEF and Peak Sustainability 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 venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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AP Ventures is focused on venture capital investments in decarbonisation.
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Founded Year | Domain | Location | |
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Early-stage startups are targeted for investment by Aramco Ventures.
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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 HYDROGEN Mem-Tech
| 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 - HYDROGEN Mem-Tech
| 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 |
Hydrogen Mem-Tech Comparisons
Competitors of HYDROGEN Mem-Tech
HYDROGEN Mem-Tech 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. 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 |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Provider of hydrogen production and storage solutions
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| domain | founded_year | HQ Location |
Solutions for hydrogen generation via electrolysis are provided.
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| domain | founded_year | HQ Location |
Pressurized alkaline and solid oxide electrolysis products are manufactured.
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| domain | founded_year | HQ Location |
Electrolyzers for hydrogen production are supplied by Verdagy.
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| domain | founded_year | HQ Location |
Producer and supplier of green hydrogen
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| 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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Latest news on Hydrogen Mem-Tech
Frequently Asked Questions about HYDROGEN Mem-Tech
When was HYDROGEN Mem-Tech founded?
HYDROGEN Mem-Tech was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is HYDROGEN Mem-Tech located?
HYDROGEN Mem-Tech is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Who is the current CEO of HYDROGEN Mem-Tech?
Thomas Reinertsen is the current CEO of HYDROGEN Mem-Tech.
Is HYDROGEN Mem-Tech a funded company?
HYDROGEN Mem-Tech is a funded company, having raised a total of $17.72M across 2 funding rounds to date. The company's 1st funding round was a Series B of $17.72M, raised on May 10, 2022.
How many employees does HYDROGEN Mem-Tech have?
As of Dec 31, 2022, the latest employee count at HYDROGEN Mem-Tech is 13.
What is the annual revenue of HYDROGEN Mem-Tech?
Annual revenue of HYDROGEN Mem-Tech is $12.29K as on Dec 31, 2022.
What does HYDROGEN Mem-Tech do?
HYDROGEN Mem-Tech was established in 2017 in Trondheim, Norway, within the renewable energy sector. Solutions for hydrogen production are delivered using palladium membrane technology, which separates hydrogen from oxygen during the process. These offerings are directed toward refineries, chemical plants, power generation entities, and related industries to support hydrogen integration.
Who are the top competitors of HYDROGEN Mem-Tech?
HYDROGEN Mem-Tech's top competitors include Lhyfe, Nel Hydrogen and Orsted.
What products or services does HYDROGEN Mem-Tech offer?
HYDROGEN Mem-Tech offers Palladium Separators and Hydrogen Separation Technology.
Who are HYDROGEN Mem-Tech's investors?
HYDROGEN Mem-Tech has 6 investors. Key investors include Shell, SINTEF, Peak Sustainability Ventures, AP Ventures, and Aramco Ventures.