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HTEC Hydrogen Technology & Energy

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Focused on making zero-emission travel and transport possible by building hydrogen production and supply solutions along with station networks to support the rollout of hydrogen electric vehicles

Vancouver, CanadaFounded 2005Transportation
Valuation $500M–1B Last recorded · 2021
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for HTEC Hydrogen Technology & Energy and the history behind them.

About HTEC Hydrogen Technology & Energy

HTEC, or Hydrogen Technology & Energy Corporation, is a Canadian startup that operates in the clean energy sector, specifically focusing on hydrogen energy solutions. The company's primary goal is to facilitate the transition of the transportation sector towards a low carbon future. HTEC operates in strategic North American markets, providing a suite of services that include the design, construction, ownership, and operation of hydrogen fuel production facilities, infrastructure, and supply solutions.

The company's business model is divided into three units: hydrogen production and liquefaction facilities, hydrogen fueling stations and distribution systems, and hydrogen-powered vehicle supply solutions and adoption support. This comprehensive approach allows HTEC to serve a broad range of clients, from commercial trucking companies looking to reduce their carbon footprint, to governments and municipalities seeking to invest in clean energy infrastructure.

HTEC generates revenue by selling hydrogen fuel and related services to its clients. The company also benefits from provincial funding for clean energy initiatives, such as the pilot program in British Columbia that uses hydrogen to power commercial trucking.

HTEC has a strong presence in Canada, being the first company to establish and operate the country's first hydrogen refueling station network. It continues to expand its operations, as evidenced by the recent opening of a hydrogen refueling station in Kelowna and the groundbreaking ceremony for a low-carbon hydrogen production facility in Burnaby.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2005
Headquarters
Vancouver, Canada
Employees
108
Open positions
None listed
Dealroom signal
65.9/100
Industry
Energy, Transportation
Sub-industry
Clean Energy
Sector
Transportation, Hydrogen, Sustainable Development Goals, Climate Tech, Hydrogen Refueling, Hard Tech, Horizon Europe, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest May 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt May 2024 $247M — Canada Infrastructure Bank ↗
GRANTOther financing Jun 2023 $0 — NorthX Climate Tech ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

HTEC Hydrogen Technology & Energy website traffic

Latest recorded traffic for HTEC Hydrogen Technology & Energy is 8.2K monthly website visits, up 30.2% over the last three months. HTEC Hydrogen Technology & Energy's team declined 10.7% over the past year.

Latest monthly visits8.2K 3-month web change+30.2% 1-year team growth-10.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

6 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

  • Eureka
  • Innovate BC
  • NorthX Climate Tech

Series B and later3 investors entered at this stage

  • Chart Industries
  • I Squared Capital
  • Canada Infrastructure Bank
Team profiled 7 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
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about HTEC Hydrogen Technology & Energy 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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