Modern Hydrogen

Alternative Energy Equipment · Woodinville, WA · Founded 2015 · Privately Held (backing)

Developer of a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon efficiently. Modern Hydrogen is based in Woodinville, WA and was founded in 2015. It was valued at $181 million at its later-stage round in Mar 2023, the last priced event on record. It has raised $128 million across 4 recorded rounds; the latest was a $25 million debt round in Nov 2024.

PMV mark · valuation
$180.8M
Oct 2026
Priced at
its later-stage round
Mar 2023
Total raised
$128.2M
Last round
Debt
Nov 2024
How much has Modern Hydrogen raised?
$128.2Macross 4 recorded rounds · Oct 2020 – Nov 2024

Most recently, Modern Hydrogen raised $25.0M in its Debt (Nov 2024).

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Modern Hydrogen round by round

4 rounds
Nov 2024Debt$25.0MSEC filing▮
4 investors participated
Mar 2023Later Stage VC (Series B2)$32.8M▮
+ 1 more investors · free account
Dec 2021Later Stage VC (Series B)$30.0M▮
+ 1 more investors · free account
Oct 2020Later Stage VC (Series A2)$30.0M▮
+ 1 more investors · free account

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.

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Frequently asked about Modern Hydrogen

How much has Modern Hydrogen raised?
Modern Hydrogen has raised $128.2M in total across 4 recorded funding rounds.
When was Modern Hydrogen's last funding round?
Modern Hydrogen's most recent recorded round was Debt in Nov 2024, raising $25.0M.