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HydrogenPro

Energy · Porsgrunn, Norway · Founded 2013 · IPO 2020

Specialises in supplying customised hydrogen plants MoreLess

HydrogenPro is a Norwegian-based company that operates in the electrolysis industry, with a primary focus on hydrogen and renewable energy business areas. The company designs and delivers green hydrogen technology and systems, specializing in high-pressure alkaline electrolyzer systems for large-scale green hydrogen plants. As an Original Equipment Manufacturer (OEM), HydrogenPro offers customized hydrogen plants in cooperation with global partners and suppliers, all of whom are ISO 9001 certified.

Founded in 2013, the company has a strong background in the electrolysis industry, which was established in Telemark, Norway, by Norsk Hydro in 1927. HydrogenPro operates globally, with a presence in Norway, Europe, the United States, and the Asia Pacific. The company is a key player in the green hydrogen space, boasting the world's largest single-stack high-pressure alkaline electrolyzer, which is instrumental in producing green hydrogen.

Keywords: green hydrogen, alkaline electrolyzer, electrolysis, renewable energy, hydrogen production, high-pressure, OEM, hydrogen plants, energy transition, industrial technology

Valuation $3.2M
Revenue $10M
Total funding $50–100M

Company overview

HydrogenPro company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2013
Headquarters
Porsgrunn, Norway
Employees
68
Open positions
None listed
Dealroom signal
82.7
client focusb2btechnologyDeep Techsub industryClean Energybusiness modelMarketplace & ecommercesectorHydrogensectorSustainable Development GoalssectorClimate TechsectorNordic Rising Star 2022sectorTop 50 Nordic Rising Star 2022 NorwaysectorNovel EnergysectorHydrogen Novel EnergysectorElectrolysissectorGreen HydrogensectorHydrogen Production

Valuation & funding

HydrogenPro funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Jul 2026 $772K Undisclosed
PRIVATE PLACEMENT NON VCOther financing Jun 2026 $1.8M Andritz
PRIVATE PLACEMENT NON VCOther financing May 2025 $8.5M LONGi Green Energy Technology
PRIVATE PLACEMENT VCEquity / VC Dec 2024 $17M Andritz · Mitsubishi Heavy Industries
GRANTOther financing Oct 2024 $18M EU Innovation Fund
PRIVATE PLACEMENT VCEquity / VC Apr 2024 Andritz
PRIVATE PLACEMENT VCEquity / VC Jun 2023 Undisclosed
IPOExit Oct 2020 Undisclosed
GRANTOther financing May 2017 Undisclosed
Showing 9 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $10M 0% −$26M -250.1% −$29M -284.2%
2025 $10M -56.9% −$26M -250.1% −$29M -284.2%
2024 $24M -65.6% −$19M -82.2% −$24M -102.4%
2023 $69M +907.3% −$4.8M -7%
2022 $6.8M +181.6% −$12M -173.2%
2021 $2.4M -24.6% −$6.3M -260.2%
2020 $3.2M −$894K -27.8%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

HydrogenPro website traffic

Latest recorded traffic for HydrogenPro is 6.4K monthly website visits, up 128.6% over the last three months. HydrogenPro's team declined 2.9% over the past year.

Latest monthly visits6.4K 3-month web change+128.6% 1-year team growth-2.9%
Monthly website visits101 observations · Jul 2017–Jul 2026
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Comparisons

HydrogenPro compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

HydrogenPro's talent

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Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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.

Investors

5 investors on HydrogenPro's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
EU Innovation Fund
Other known 4 additional known investors
Andritz
LONGi Green Energy Technology
Mitsubishi Heavy Industries
Tjuvholmen ventures

Global footprint

Where HydrogenPro has talent and traffic

Workforce by country
🇳🇴 Norway · Porsgrunn HQ
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In the news

Latest news about HydrogenPro

Recent press, funding announcements, and product moves mentioning HydrogenPro — open to read from the original sources.

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Market sentiment

What the market is saying about HydrogenPro

An AI-synthesized read of the highest-engagement posts about HydrogenPro on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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