F
FirstElement Fuel
Low temperature fuel cell and liquid fuel reformer technology
About FirstElement Fuel
FirstElement Fuel is a pioneering startup in the clean energy sector, focusing on the production and distribution of hydrogen fuel. The company operates in the retail hydrogen ecosystem, serving a wide range of clients including light-duty, medium-duty, and heavy-duty vehicle owners. The company's primary revenue stream comes from the sale of hydrogen fuel through its extensive network of fueling stations, known as the True Zero network.
The company's business model is centered around the promotion of sustainable transportation. By harnessing hydrogen, the most abundant element in the universe, FirstElement Fuel is able to provide a clean energy source for vehicles. The only byproduct of this process is water vapor, making it an environmentally friendly alternative to traditional fuels.
FirstElement Fuel's True Zero network is a key part of its strategy. This network, which the company claims is the world's most extensive, allows for fast refueling and long range for vehicles powered by hydrogen. This network is not only a source of revenue for the company, but also a key driver in promoting the widespread adoption of hydrogen fuel.
The company is also actively seeking to decrease its carbon footprint and contribute to a cleaner energy future. It does this through partnerships with investment partners, who help to fund the expansion of the True Zero network and the development of the hydrogen economy.
In summary, FirstElement Fuel is a forward-thinking startup operating in the clean energy market. Its focus on hydrogen fuel and its extensive network of fueling stations position it well for growth in a world increasingly focused on sustainability.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Newport Beach, United States
- Employees
- 55
- Open positions
- None listed
- Dealroom signal
- 43.2/100
- Industry
- Energy, Transportation
- Sub-industry
- Energy Storage
- Sector
- Transportation, Hydrogen, Sustainable Development Goals, Climate Tech, Hydrogen Refueling, Hard Tech, DT and LS, science-based
- Technology
- Hardware
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Dec 2025 | $0 | — | Undisclosed | ↗ |
| GRANTOther financing | Aug 2023 | $7.7M | — | California Energy Commission | ↗ |
Growth signals
Latest recorded traffic for FirstElement Fuel is 1.2K monthly website visits, down 40% over the last three months. FirstElement Fuel's team grew 3.8% over the past year.
Similar companies
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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
California Energy Commission
Series A1 investor entered at this stage
Air Liquide
Series B and later4 investors entered at this stage
Air Water
Nikkiso- J(Japan Infrastructure Initiative (JII)
Mitsubishi UFJ Financial Group
Other known investors1 additional known investor
The VineOC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about FirstElement Fuel 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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