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
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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
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- Legal Name Norwegian Hydrogen As
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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.
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 Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Seed - Norwegian Hydrogen | Valuation | Fortescue |
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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 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.
| Investor | Description | Founded Year | Domain | Location |
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Mining services are provided by Fortescue in the resources sector.
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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 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.
| 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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Zero-emission carbon solutions are provided for environmental sustainability.
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2022 |
| 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 - Norwegian 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 |
Norwegian Hydrogen Comparisons
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 |
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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 |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Producer and supplier of green hydrogen
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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 |
Aerial inspection services are delivered using automated drones.
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| domain | founded_year | HQ Location |
Solutions for hydrogen generation via electrolysis are provided.
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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 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.