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
Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
Modern Hydrogen funding history
4 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Nov 2024 | Debt | $25.0M | ▮ | ▮ |
| Mar 2023 | Later Stage VC (Series B2) | $32.8M | ▮ | ▮ |
| Dec 2021 | Later Stage VC (Series B) | $30.0M | ▮ | ▮ |
| Oct 2020 | Later Stage VC (Series A2) | $30.0M | ▮ | ▮ |
Membership and data by Private Market View
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).
Comparable companies
Comparable alternative energy equipment names by valuation on PrivateMarketView: Aalo ($450 million), SolarSquare ($183 million) and Avalanche (Alternative Energy Equipment) ($130 million).
How Modern Hydrogen's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Modern Hydrogen, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Modern Hydrogen
- What is Modern Hydrogen worth?
- Modern Hydrogen is valued at $180.8M as of Oct 2026. Valued at $180.8M at its later-stage round, Mar 2023. Nothing has traded since.
- How much has Modern Hydrogen raised?
- Modern Hydrogen has raised $128.2M in total funding across 4 recorded rounds.
- When did Modern Hydrogen last raise?
- Modern Hydrogen last raised in Nov 2024 (Debt), raising $25.0M.