Modern Hydrogen key facts
as of Oct 2026- Developer of a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon efficiently.
- Modern Hydrogen is valued at approximately $180.8M as of Oct 2026, set at its later-stage round, Mar 2023; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $128.2M across 4 recorded rounds; the latest was Debt ($25.0M) in Nov 2024.
- Notable investors include Metaplanet Holdings, At One Ventures, Starlight Ventures, National Grid Partners, Valo Ventures — 15 tracked in total.
- Modern Hydrogen has filed 1 Form D with the SEC, most recently Dec 2024 ($25.0M sold to 4 investors).
- Status: Privately Held (backing).
Valued at $180.8M at its later-stage round, Mar 2023. Nothing has traded since.
- ·The complete investor list: 15 names
- ·Watch Modern Hydrogen: the Monday email on marks, rounds and moves
Modern Hydrogen funding rounds
4 roundsWho backs Modern Hydrogen
15+Modern Hydrogen valuation
Modern Hydrogen was valued at $181 million at its later-stage round in Mar 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Modern Hydrogen raised?
Modern Hydrogen has raised $128 million across 4 recorded rounds since 2020. The largest was a $32.8 million Series B2 in Mar 2023; the most recent was a $25 million debt round in Nov 2024.
Modern Hydrogen has filed 1 Form D with the SEC, most recently in Dec 2024 ($25 million sold to 4 investors).
Modern Hydrogen investors
15 investors are on record for Modern Hydrogen, including Metaplanet Holdings, At One Ventures, Starlight Ventures and National Grid Partners. By type, the record holds 4 venture capital firms and 1 family office. The debt round in Nov 2024 drew 4 investors.
Comparable companies
Comparable alternative energy equipment names by valuation on PrivateMarketView: Aalo ($450 million), SolarSquare ($183 million) and Avalanche (Alternative Energy Equipment) ($130 million).
About Modern Hydrogen
Developer of a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon efficiently. The company's system transforms industrial and commercial boilers' and furnaces' heat into power for use onsite to reduce wasted energy, enabling clients to save money, reduce carbon emissions and increase resiliency during power outages.
- Industry
- Alternative Energy Equipment
- Sector
- Energy
- HQ
- Woodinville, WA, United States
- Founded
- 2015
- Employees
- 83
- Website
- modernhydrogen.com/
- Ownership
- Privately Held (backing)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.