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Evoloh
EvolOH builds breakthrough anion exchange membrane electrolyzers for the production of green, sustainable hydrogen fuels and feedstocks for steel, fertilizer and mining industries
About Evoloh
EvolOH is a pioneering startup in the green hydrogen sector, aiming to revolutionize the way hydrogen is produced and delivered at scale. The company has developed a groundbreaking electrolyzer technology that is ultra-compact and lightweight, simplifying logistics, installation, and maintenance. This innovative solution is designed to meet the practical needs of systems integrators and plant operators, making it easier to implement hydrogen solutions in various industrial settings.
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EvolOH primarily serves clients in the renewable energy and industrial sectors who are looking to transition to cleaner energy sources. These clients include systems integrators, plant operators, and other stakeholders in the hydrogen supply chain. The market EvolOH operates in is the green hydrogen market, which is poised for significant growth as the world seeks to reduce carbon emissions and transition to sustainable energy sources.
The business model of EvolOH revolves around the sale and deployment of its electrolyzer technology. The company makes money by selling these electrolyzers to its clients, who then use them to produce hydrogen from pure water. Unlike traditional methods, EvolOH's technology does not require caustic fluids or delicate pressure balances, making it a more robust and user-friendly solution.
EvolOH's electrolyzers are made from readily available materials, ensuring low production costs and widespread accessibility. This cost-effective approach allows the company to offer its technology at competitive prices, making green hydrogen more affordable and scalable. The company's focus on using domestic sources and local supplies further enhances its sustainability and reliability.
In summary, EvolOH is at the forefront of the green hydrogen revolution, offering a simple, low-cost, and efficient solution to produce hydrogen at scale. With decades of industry experience and a commitment to innovation, EvolOH is well-positioned to meet the growing demand for clean hydrogen.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Santa Clara, United States
- Employees
- 46
- Open positions
- None listed
- Dealroom signal
- 83.5/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Hydrogen, Spinout, Sustainable Development Goals, Climate Tech, Electrolysis, Green Hydrogen, Hydrogen Production, NIF defense security and resilience, NIF Energy Security and Climate Change
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2024 | $20M | $80M | NextEra Energy · 3M Ventures · Engine Ventures | ↗ |
| GRANTOther financing | May 2023 | $200K | — | US Department of Energy | ↗ |
Growth signals
Latest recorded traffic for Evoloh is 2.2K monthly website visits, up 69.2% over the last three months. Evoloh's team grew 7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of Energy
Series A3 investors entered at this stage
NextEra Energy
3M Ventures
Engine Ventures
Other known investors8 additional known investors
Stanford University
GS Futures
Juniper
MBC Biolabs
New Energy Nexus
Rayyan Islam
Third Sphere
VXI Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Evoloh 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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