About Nel Hydrogen
Nel Hydrogen is a company based in Wallingford (United States) founded in 1996 was acquired by Nel Hydrogen in February 2017. It operates as a Direct-to-Consumer (D2C), and Professional Services. The company has 144 employees as of December 31, 2021. Nel Hydrogen offers products and services including Electrolysers, PEM Electrolysers, and Alkaline Electrolysers. Nel Hydrogen operates in a competitive market with competitors including Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Home Power Solutions, among others.
- Headquarter Wallingford, United States
- Employees 144 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nel Asa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.85 M (USD), Grant
Mar 31, 2020
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Investors
Nel Hydrogen
& 3 more
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Employee Count
144
as on Dec 31, 2021
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Acquired by
Nel Hydrogen
(Feb 27, 2017)
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Products & Services of Nel Hydrogen
Nel Hydrogen offers a comprehensive portfolio of products and services, including Electrolysers, PEM Electrolysers, and Alkaline Electrolysers. 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.
Equipment for producing hydrogen through electrolysis is provided.
Proton exchange membrane technology for hydrogen production is offered.
Alkaline-based systems for hydrogen generation are manufactured and supplied.
Funding Insights of Nel Hydrogen
- Total Funding Total Funding
- Total Rounds 15
- Last Round Grant — $1.9M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Grant - Nel Hydrogen | Valuation |
investors |
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| Jun, 2016 | Amount | Grant - Nel Hydrogen | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Nel Hydrogen | 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 Nel Hydrogen
Nel Hydrogen has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Nel Hydrogen, OSTI.GOV and Haddington 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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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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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 Nel Hydrogen
| 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 - Nel Hydrogen
| 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 |
Nel Hydrogen Comparisons
Competitors of Nel Hydrogen
Nel 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 Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Home Power Solutions, 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 |
Hydrogen-based fuel cells are manufactured for power applications.
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| domain | founded_year | HQ Location |
PEM fuel cell and CHP power systems developer
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| domain | founded_year | HQ Location |
Low-temperature solid oxide fuel cells are produced for CHP systems.
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| domain | founded_year | HQ Location |
Manufacturer of hydrogen fuel cells
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| domain | founded_year | HQ Location |
Integrated energy storage system for power and heating applications
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| domain | founded_year | HQ Location |
Hydrogen-based fuel cells are developed using printed circuit board technology.
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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 Nel Hydrogen
Frequently Asked Questions about Nel Hydrogen
When was Nel Hydrogen founded?
Nel Hydrogen was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Where is Nel Hydrogen located?
Nel Hydrogen is headquartered in Wallingford, United States. It is registered at Wallingford, Connecticut, United States.
Who is the current CEO of Nel Hydrogen?
Robert Friedland is the current CEO of Nel Hydrogen.
How many employees does Nel Hydrogen have?
As of Dec 31, 2021, the latest employee count at Nel Hydrogen is 144.
What does Nel Hydrogen do?
Nel Hydrogen, under Nel ASA, is focused on the development and manufacturing of hydrogen production equipment, primarily electrolysers. Solutions are provided for various sectors including energy, industry, and transport. Both PEM and alkaline electrolyser technologies are offered to support applications like power-to-gas, grid storage, and industrial hydrogen needs. Operations are conducted globally with a commitment to sustainability and innovation in the renewable energy space.
Who are the top competitors of Nel Hydrogen?
Nel Hydrogen's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.
What products or services does Nel Hydrogen offer?
Nel Hydrogen offers Electrolysers, PEM Electrolysers, and Alkaline Electrolysers.
Who are Nel Hydrogen's investors?
Nel Hydrogen has 4 investors. Key investors include Nel Hydrogen, OSTI.GOV, Haddington Ventures, and National Science Foundation.