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

Who backs Modern Hydrogen?

15 investors
InvestorType
Metaplanet HoldingsVenture capital
At One VenturesVenture capital
Starlight Ventures—
National Grid PartnersVenture capital
Valo VenturesVenture capital
Gates FrontierOther
William Gates—
IRONGREYFamily office
Intellectual VenturesOther
Miura PartnersPE / buyout
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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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