About Ohmium
Ohmium is a company based in Newark (United States) founded in 2019 by Kirsten Burpee and Arne Ballantine.. Ohmium has raised $295 million across 3 funding rounds from investors including 3M, The Rise Fund and Hanover Technology Investment Management. Ohmium offers products and services including PEM Electrolyzer and Green Hydrogen Solutions. Ohmium operates in a competitive market with competitors including Orsted, Nel Hydrogen, Electric Hydrogen, Sunfire and Verdagy, among others.
- Headquarter Newark, United States
- Founders Kirsten Burpee, Arne Ballantine
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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 Ohmium International, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$295 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
3M
& 5 more
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Employee Count
Employee Count
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Products & Services of Ohmium
Ohmium offers a comprehensive portfolio of products and services, including PEM Electrolyzer and Green Hydrogen Solutions. 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.
Produces green hydrogen from water and renewable energy for industrial use.
Provides scalable electrolyzers for power and transportation decarbonization.
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Leadership Team
16 people
Software Development Team
12 people
Sales and Marketing
8 people
Senior Team
7 people
Legal and Compliance
7 people
Product Management Team
6 people
Finance and Accounting
4 people
Creative and Marketing Team
3 people
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Funding Insights of Ohmium
Ohmium has successfully raised a total of $295M across 3 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 3
- Last Round Last Round
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First Round
First Round
(14 Apr 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series C - Ohmium | Valuation | 3M |
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| Apr, 2023 | Amount | Series C - Ohmium | Valuation | The Rise Fund | |
| Apr, 2022 | Amount | Series B - Ohmium | Valuation | Fenice Investment Group |
| 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 Ohmium
Ohmium has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include 3M, The Rise Fund and Hanover Technology Investment Management. 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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Sector-agnostic VC investment company investing globally
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward energy and technology sectors.
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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 Ohmium
| 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 - Ohmium
| 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 |
Ohmium Comparisons
Competitors of Ohmium
Ohmium 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 |
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| 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 Ohmium
Frequently Asked Questions about Ohmium
When was Ohmium founded?
Ohmium was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Ohmium located?
Ohmium is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Who is the current CEO of Ohmium?
Arne Ballantine is the current CEO of Ohmium. They have also founded this company.
Is Ohmium a funded company?
Ohmium is a funded company, having raised a total of $295M across 3 funding rounds to date. The company's 1st funding round was a Series B of $45M, raised on Apr 14, 2022.
What does Ohmium do?
Provider of proton exchange membrane battery solution. It offers advanced proton exchange membrane electrolyzers use water and renewable energy to produce green Hydrogen.
Who are the top competitors of Ohmium?
Ohmium's top competitors include Lhyfe, Nel Hydrogen and Orsted.
What products or services does Ohmium offer?
Ohmium offers PEM Electrolyzer and Green Hydrogen Solutions.
Who are Ohmium's investors?
Ohmium has 6 investors. Key investors include 3M, The Rise Fund, Hanover Technology Investment Management, Energy Transition Ventures, and Fenice Invest.