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HPNow

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Developed a clean method of generating hydrogen peroxide using only water, air, and electricity

Gladsaxe Municipality, DenmarkFounded 2015Energy
Valuation $50–100M Last recorded · 2023
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 HPNow and the history behind them.

About HPNow

HPNow is a company that provides solutions for on-site hydrogen peroxide generation. The company's technology enables the production of a sustainable and eco-friendly biocide and oxygenator by utilizing only water, air, and electricity. This allows various industries to improve food and water safety while reducing their environmental impact.

HPNow's core business revolves around its on-site, autonomous, and safe hydrogen peroxide generation solutions, which address the increasing global challenges related to clean water and sanitation. The company's products are designed to disrupt the traditional hydrogen peroxide industry and supply chain by offering a more sustainable and efficient alternative. HPNow primarily serves clients in sectors that require high levels of water and food safety, such as agriculture, aquaculture, and industrial water treatment. The business model is focused on selling these innovative hydrogen peroxide generation systems directly to end-users.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Gladsaxe Municipality, Denmark
Employees
27
Open positions
None listed
Dealroom signal
67.5/100
Sub-industry
Clean Energy, Water, AgriTech
Sector
Energy, Water Treatment, Hydrogen, Hydroponics, Livestock, Spinout, Sustainable Development Goals, EIC
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Sep 2023 $15M $62M Evonik Venture Capital · AP Ventures · Export and Investment Fund of Denmark · MatiTech Solutions ↗
LATE VC✓Equity / VC Nov 2020 $5.5M $22M Evonik Venture Capital · AP Ventures ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

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

YearEBITDAMarginProfitMarginR&D
2026 — —
2025 — —
2024 — —
2023 — —
2022 — —
2021 — —
2020 — —
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Growth signals

HPNow website traffic

Latest recorded traffic for HPNow is 1.7K monthly website visits, up 13.3% over the last three months. HPNow's team declined 3.6% over the past year.

Latest monthly visits1.7K 3-month web change+13.3% 1-year team growth-3.6%
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

9 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
  • Innovation Fund Denmark
  • Evonik Venture Capital

Series B and later4 investors entered at this stage

  • AP Ventures
  • Export and Investment Fund of Denmark
  • Novo Holdings
  • MatiTech Solutions

Other known investors2 additional known investors

  • Technical University of Denmark
  • EIT Climate KIC
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
6 countries with
team presence
🇩🇰 Denmark72%
🇪🇸 Spain8%
🇬🇧 United Kingdom8%
🇨🇦 Canada4%
🇷🇺 Russia4%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

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