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H2scan

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Provides analyzers for hydrogen monitoring and leak detection

Santa Clarita, United StatesFounded 2002Energy
Valuation $250–500M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About H2scan

H2scan is a company that specializes in hydrogen sensing technology, providing solutions that are crucial for safe and effective operations in critical energy applications. The company's technology is particularly relevant in the growing hydrogen economy, where it can be used in a wide range of applications to make hydrogen use safer and more environmentally friendly.

The company's flagship product is the Gen 5 solid state sensor, a small form factor device that delivers real-time, high-precision hydrogen sensing. The sensor is designed to be maintenance-free for over 10 years, thanks to its auto-calibration feature and lack of consumable parts. This makes it a cost-effective and reliable solution for businesses in the energy sector.

H2scan's technology is particularly useful in detecting hydrogen leaks, which can reduce the environmental benefits of hydrogen fuel and pose safety risks. The company's sensors can be used in fuel cells and electrolyzers, helping to ensure their safe operation. Additionally, the company's technology can be used to monitor the health of transformers, helping to prevent disruptive and potentially dangerous transformer explosions.

H2scan's business model revolves around selling its hydrogen sensors to businesses in the energy sector. The company's clients include companies involved in the production and use of green hydrogen, as well as those involved in the operation of fuel cells, electrolyzers, and transformers.

In summary, H2scan is a key player in the hydrogen economy, providing vital sensing technology that helps to make the use of hydrogen safer and more environmentally friendly.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2002
Headquarters
Santa Clarita, United States
Employees
89
Open positions
None listed
Dealroom signal
40.9/100
Sub-industry
Energy Efficiency, Water
Sector
Energy, Hydrogen, Spinout, Sustainable Development Goals, Sensor Tech, Sensors, Industrial Technology, Climate Tech, Hydrogen Storage and Transportation, Leak Detection, DT and LS, science-based
Business model
SaaS

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Feb 2022 $70M $280M GS Energy · LetterOne ↗
SERIES EOther financing Jan 2020 $11M $42M Energy Growth Momentum —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

H2scan website traffic

Latest recorded traffic for H2scan is 9.1K monthly website visits, up 44.4% over the last three months. H2scan's team declined 1.1% over the past year.

Latest monthly visits9.1K 3-month web change+44.4% 1-year team growth-1.1%
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

11 investors on the cap table

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

Series A5 investors entered at this stage

  • BASF Venture Capital
  • Chrysalix Venture Capital
  • Mitsubishi
  • Pasadena Angels
  • Tech Coast Angels

Series B and later4 investors entered at this stage

  • Altran
  • Energy Growth Momentum
  • LetterOne
  • GS Energy

Other known investors2 additional known investors

  • Sandia National Laboratories
  • US Department of Energy
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
3 countries with
team presence
🇺🇸 United States96.5%
🇨🇳 China1.8%
🇬🇧 United Kingdom1.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about H2scan 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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