Nowogen key facts
as of Oct 2026- Developer of fuel cell and hydrogen technology designed to offer multi-dimensional lead in product performance, process realization and production costs.
- Nowogen is valued at approximately $235.0M as of Oct 2026 (last reported valuation).
- It has raised $28.9M; the latest was Later Stage VC in Dec 2024.
- Notable investors include Zheshang Venture Capital, Xingxiang Investment Holding Group, FDX Fund, Huayou Holding, Integrity Capital Partners (Beijing) — 14 tracked in total.
- Status: Privately Held (backing).
Nowogen's last reported valuation, Dec 2021. Nothing priced has surfaced since.
- ·The complete investor list: 14 names
- ·Watch Nowogen: the Monday email on marks, rounds and moves
Nowogen funding rounds
No funding rounds for Nowogen are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Nowogen
14+Nowogen valuation
Nowogen's last reported valuation was $235 million in Dec 2021. No priced round, secondary trade or fund mark has surfaced since.
Nowogen investors
14 investors are on record for Nowogen, including Zheshang Venture Capital, Xingxiang Investment Holding Group, FDX Fund and Huayou Holding.
About Nowogen
Developer of fuel cell and hydrogen technology designed to offer multi-dimensional lead in product performance, process realization and production costs. The company offers hydrogen production from methanol reforming, liquid-cooled PEM fuel cell stack design and large-volume production for commercial applications and is versatile, designed for extreme temperatures, remote locations, minimal maintenance and long operating life, thereby enabling military, government research and private industry to avail both backup power and primary power technology.
- Sector
- Energy
- HQ
- Beijing, China
- Founded
- 2010
- Employees
- 200
- Website
- nowogen.com/
- Ownership
- Privately Held (backing)
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