31 Best Hydrogen Power Startups to Watch in 2025

The Definitive Seedtable Ranking of Hydrogen Power Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 31 start-ups with an aggregate funding of $5.0b. The average funding per company in this subset is $161.2m.

Last update to the database: Feb 18, 2025. See changelog.

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8

Funding Rounds

$175.0m

Money raised

Viridos is applying synthetic biology to microalgae for the production of products that address climate change and sustainability. Viridos is focused on producing algal biofuels and other sustainable resources from algae.

3

Funding Rounds

$80.7m

Money raised

ZeroAvia is an aerospace company developing practical zero emission aviation powertrains using hydrogen power.

13

Funding Rounds

$779.0m

Money raised

Developer and manufacturer of systems for renewable industrial gas and fuel production.

Location:

Key people:

2

Funding Rounds

$600.0k

Money raised

Planetary Hydrogen is a Gatineau-based company developing hydrogen processing and distribution solutions, as well as carbon capture and storage solutions.

5

Funding Rounds

$2.7b

Money raised

Nikola Motor Company is a Phoenix, Arizona-based automotive company founded in 2014 by Trevor Milton.

2

Funding Rounds

$20.0m

Money raised

ZEG Power is a developer of modular energy generation technology, including hydrogen fuel production with carbon capture and storage systems to produce clean hydrogen with no emissions.

1

Funding Rounds

$21.0m

Money raised

Intelligent Energy is a fuel cell engineering company focused on the development of its fuel cell technologies.

4

Funding Rounds

$74.9m

Money raised

Virent Energy Systems is a Madison, Wisconsin-based renewable fuel source company.

2

Funding Rounds

$28.8m

Money raised

Syzygy is a Houston, Texas-based decarbonization technology company developing a photocatalytic chemical reactor for the industrial gas, chemical, and energy industries.

Location:

Key people:

5

Funding Rounds

$18.5m

Money raised

Ionomr is a developer and manufacturer of hydrogen technologies including fuel cells, hydrogen fuel, and infrastructure and storage.

Location:

Key people:

3

Funding Rounds

$8.5m

Money raised

EH Group Engineering is a Renens-based fuel cell company focused on developing fuel cell technology.

Location:

Key people:

3

Funding Rounds

$19.0m

Money raised

Hydrogenious Technologies is an Erlangen, Germany-based developer of solutions for safe and efficient hydrogen storage in liquid organic hydrogen carriers.

2

Funding Rounds

$385.0m

Money raised

Monolith Materials is a Lincoln, Nebraska-based specialty chemicals company that produces low-emission carbon black and hydrogen for use in the manufacturing of rubbers and plastics.

1

Funding Rounds

$20.0m

Money raised

AFC Energy is a provider of alkaline fuel cell systems using hydrogen for electricity production.

Location:

Key people:

2

Funding Rounds

$1.3m

Money raised

Developing alternative energy technologies, including nanoscale fusion and fuel cells

2

Funding Rounds

$7.5m

Money raised

Loop Energy is a Burnaby-based developer of pollution-free transportation solutions intended to reduce emissions.

3

Funding Rounds

$13.9m

Money raised

Logan Energy is a developer of integrated energy systems, including hydrogen storage and distribution services.

Location:

Key people:

5

Funding Rounds

$65.4m

Money raised

Ekona Power is a developer and producer of industrial scale hydrogen solutions.

1

Funding Rounds

Hydrogen In Motion is a hydrogen fuel storage and transportation technology company.

2

Funding Rounds

$50.6m

Money raised

Elcogen is a manufacturer of fuel cells and hydrogen power solutions.

Location:

Key people:

3

Funding Rounds

$15.0m

Money raised

HyPoint is a developer of hydrogen-powered fuel cells and fuel cell solutions for the aerospace industry.

Key people:

1

Funding Rounds

$5.6m

Money raised

Nel Hydrogen is a hydrogen production, storage, and infrastructure company.

3

Funding Rounds

$88.0m

Money raised

Lhyfe is a hydrogen production and distribution company.

Location:

Key people:

4

Funding Rounds

$79.0m

Money raised

Lilliputian Systems is a portable fuel cell generators founded in 2002.

1

Funding Rounds

$235.0k

Money raised

Hyperion Motors is an automotive company developing hydrogen technology for supercars.

2

Funding Rounds

$17.5m

Money raised

H2scan is a company founded in 2002 by Dennis Reid.

2

Funding Rounds

$46.0m

Money raised

GeoPura is a hydrogen-fuelled clean energy producer founded in 2019.

4

Funding Rounds

$29.0m

Money raised

ReliOn is a Spokane, Washington-based company founded in 1879.

1

Funding Rounds

$44.0m

Money raised

Beyond Aero is a hydrogen-powered electric business aircraft manufacturer founded in 2020 by Eloa Guillotin, Hugo Tarlé and Valentin Chomel.

Location:

Key people:

4

Funding Rounds

$146.7m

Money raised

Manufacturer of electric and hydrogen-powered minibuses.

Key people:

1

Funding Rounds

$45.0m

Money raised

Ohmium International is a developer and distributor of renewable energy products.

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