About P2X Solutions
P2X Solutions is a company based in Espoo (Finland) founded in 2020 by Herkko Plit was acquired by Alpiq in April 2024. P2X Solutions has raised $25.17 million across 2 funding rounds from investors including Alpiq, Enersense and Lifeline Ventures. P2X Solutions offers products and services including Green Hydrogen, Synthetic Fuels, and Hydrogen Plants. P2X Solutions operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Espoo, Finland
- Founders Herkko Plit
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Energy & UtilitiesTransportation, Automotive & Logistics
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- Legal Name P2x Solutions Oy
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Products & Services of P2X Solutions
P2X Solutions offers a comprehensive portfolio of products and services, including Green Hydrogen, Synthetic Fuels, and Hydrogen Plants.
Industrial-scale production of green hydrogen from renewable sources
Production of e-methane, e-methanol, and e-ammonia for clean energy
Turnkey delivery of hydrogen production facilities to clients
People of P2X Solutions
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Funding Insights of P2X Solutions
P2X Solutions has successfully raised a total of $25.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22.74 million completed in December 2021. 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.
Investors in P2X Solutions
P2X Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Alpiq, Enersense and Lifeline Ventures.
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Lifecycle services are provided for energy, industrial, and telecom infrastructure.
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Energy trading, asset management, and renewable solutions are provided.
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Investor details for P2X Solutions
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Investments & Acquisitions by P2X Solutions
Investment portfolio details for P2X Solutions
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Financial Statements - P2X Solutions
Detailed financials for P2X Solutions
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P2x Solutions Comparisons
Peer comparison for P2X Solutions
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Competitors of P2X Solutions
P2X Solutions 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.
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Provider of hydrogen production and storage solutions
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Power generation via bioenergy, thermal, and wind sources is offered.
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Producer and supplier of green hydrogen
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Pressurized alkaline and solid oxide electrolysis products are manufactured.
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Aerial inspection services are delivered using automated drones.
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Production of e-methanol and sustainable aviation fuel
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Detailed competitors of P2X Solutions
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Latest news on P2x Solutions
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Frequently Asked Questions about P2X Solutions
P2X Solutions was founded in 2020 and raised its 1st funding round 1 year after it was founded.
P2X Solutions is headquartered in Espoo, Finland.
Herkko Plit is the current CEO of P2X Solutions. They have also founded this company.
P2X Solutions is a funded company, having raised a total of $25.17M across 2 funding rounds to date.
P2X Solutions was founded in 2020 and is based in Espoo, Finland. Operations are centered in the renewable energy sector, where industrial-scale production plants for green hydrogen and synthetic fuels such as methane, methanol, and ammonia are developed and managed. Turnkey hydrogen plants are delivered, while fuels are produced and distributed. Expertise is provided in project development and obtaining governmental support for infrastructure initiatives.
P2X Solutions's top competitors include Lhyfe, Nel Hydrogen and Orsted.
P2X Solutions offers Green Hydrogen, Synthetic Fuels, and Hydrogen Plants.
P2X Solutions has 3 investors. Key investors include Alpiq, Enersense, and Lifeline Ventures.