Norwegian Hydrogen

Alesund, Norway Founded: 2020 • Age: 6 yrs
Green hydrogen infrastructure is developed and operated for transport sectors.

About Norwegian Hydrogen

Norwegian Hydrogen is a company based in Alesund (Norway) founded in 2020 by Knut Flakk.. The company has 1 employees as of December 31, 2021. Norwegian Hydrogen has completed 1 acquisition, including HydRe. Norwegian Hydrogen offers products and services including Green Hydrogen and Hydrogen Hubs. Norwegian Hydrogen operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.

  • Headquarter Alesund, Norway
  • Employees 1 as on 31 Dec, 2021
  • Founders Knut Flakk
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Norwegian Hydrogen As
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $365.09 K (USD)
    -13
    as on Dec 31, 2021
  • Net Profit
    $-1.73 M (USD)
    -457
    as on Dec 31, 2021
  • EBITDA
    $-1.73 M (USD)
    -457
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Dec 31, 2021

  • Investments & Acquisitions
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Products & Services of Norwegian Hydrogen

Norwegian Hydrogen offers a comprehensive portfolio of products and services, including Green Hydrogen and Hydrogen Hubs. 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

Hydrogen generated from renewable sources for industrial and transport use.

Facilities for green hydrogen production and distribution networks.

Funding Insights of Norwegian Hydrogen

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Seed - Norwegian Hydrogen Valuation Fortescue
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 Norwegian Hydrogen

Norwegian Hydrogen has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fortescue. 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
Mining services are provided by Fortescue in the resources sector.
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 Norwegian Hydrogen

Norwegian Hydrogen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HydRe. 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
Zero-emission carbon solutions are provided for environmental sustainability.
2022
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 - Norwegian Hydrogen

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

Norwegian Hydrogen Comparisons

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Competitors of Norwegian Hydrogen

Norwegian 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. 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
Provider of hydrogen production and storage solutions
domain founded_year HQ Location
Power generation via bioenergy, thermal, and wind sources is offered.
domain founded_year HQ Location
Producer and supplier of green hydrogen
domain founded_year HQ Location
Pressurized alkaline and solid oxide electrolysis products are manufactured.
domain founded_year HQ Location
Aerial inspection services are delivered using automated drones.
domain founded_year HQ Location
Solutions for hydrogen generation via electrolysis are provided.
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 Norwegian Hydrogen

Frequently Asked Questions about Norwegian Hydrogen

When was Norwegian Hydrogen founded?

Norwegian Hydrogen was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Norwegian Hydrogen located?

Norwegian Hydrogen is headquartered in Alesund, Norway. It is registered at Alesund, Møre And Romsdal, Norway.

How many employees does Norwegian Hydrogen have?

As of Dec 31, 2021, the latest employee count at Norwegian Hydrogen is 1.

What is the annual revenue of Norwegian Hydrogen?

Annual revenue of Norwegian Hydrogen is $365.09K as on Dec 31, 2021.

What does Norwegian Hydrogen do?

Norwegian Hydrogen was founded in 2020 and is based in Alesund, Norway. Operations focus on the green hydrogen sector, where renewable energy is utilized to produce hydrogen. Infrastructure development and management are provided, including production facilities, distribution networks, and stations for filling and bunkering. Services target heavy-duty transport and maritime applications, supporting sustainable energy transitions in these areas.

Who are the top competitors of Norwegian Hydrogen?

Norwegian Hydrogen's top competitors include Lhyfe, Nel Hydrogen and Orsted.

What products or services does Norwegian Hydrogen offer?

Norwegian Hydrogen offers Green Hydrogen and Hydrogen Hubs.

How many acquisitions has Norwegian Hydrogen made?

Norwegian Hydrogen has made 1 acquisition, including HydRe.

Who are Norwegian Hydrogen's investors?

Norwegian Hydrogen has 1 investor. Key investors include Fortescue.

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