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EH Group

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High-density, cost-effective hydrogen fuel cell technology.

Nyon, SwitzerlandFounded 2017Transportation
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EH Group and the history behind them.

About EH Group

EH Group is a Swiss-based startup that specializes in the design and production of fuel cells.

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EH Group's fuel cells are unique due to their high power density and compact, lightweight design, achieved through a re-design at the microstructure level. This results in a simplified system architecture that reduces costs and increases efficiency. Finally, it is design for manufacturing and our proprietary production process leads to radical cost reduction.

The company's fuel cells are developed for both mobile and stationary applications, with a design scalability that allows for deployments ranging from 5kW to 300kW for mobile applications, and up to MW level on a single stack platform for stationary applications. This flexibility makes them suitable for a wide range of clients, including those in the commercial vehicle sector (land and water), off-road vehicles, aviation, and those requiring backup power and long-duration energy storage.

EH Group operates in the growing market of clean energy solutions, a sector that is gaining traction due to increasing global decarbonisation targets. The company's business model is based on the production and sale of these high-efficiency fuel cells, with the potential for significant cost savings due to their unique design and production process.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Nyon, Switzerland
Employees
52
Open positions
10
Dealroom signal
71.1/100
Sub-industry
Clean Energy, Energy Storage, Mobility, Vehicle Production
Sector
Transportation, Hydrogen, Sustainable Development Goals, EIC, Space Tech, Space Exploration, Climate Tech
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jul 2024 $22M $89M Undisclosed —
SUPPORT PROGRAM✓Other financing Jul 2022 $0 — Third Derivative ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

EH Group website traffic

Latest recorded traffic for EH Group is 1K monthly website visits, down 86.1% over the last three months. EH Group's team declined 1.9% over the past year.

Latest monthly visits1K 3-month web change-86.1% 1-year team growth-1.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • European Innovation Council
  • Fondation FIT
  • AP Venturesestor

Series B and later1 investor entered at this stage

  • UBS

Other known investors6 additional known investors

  • ESA BIC Switzerland
  • Third Derivative
  • AP Ventures
  • Evolen Energy Accelerator
  • New Energy Challenge
  • New Energy Nexus
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇨🇭 Switzerland62.5%
🇮🇳 India18.8%
🇲🇾 Malaysia6.3%
🇫🇷 France6.3%
🇺🇸 United States6.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EH Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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