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HydrogenPro

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Specialises in supplying customised hydrogen plants

Porsgrunn, NorwayFounded 2013Energy
Valuation $6.1M Market cap · 2026
Revenue $10M Latest reported FY

About HydrogenPro

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.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2013
Headquarters
Porsgrunn, Norway
Listing
IPO 2020
Employees
68
Open positions
None listed
Dealroom signal
82.7/100
Sub-industry
Clean Energy
Sector
Energy, Hydrogen, Sustainable Development Goals, Climate Tech, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Norway, Novel Energy, Hydrogen Novel Energy, Electrolysis, Green Hydrogen, Hydrogen Production
Technology
Deep Tech
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing Jul 2026 $772K — Undisclosed ↗
PRIVATE PLACEMENT NON VC✓Other financing Jun 2026 $1.8M — Andritz ↗
Showing the latest 2 of 9 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.

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 dataBook a demo for 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%
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

5 investors on the cap table

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

Seed1 investor entered at this stage

  • EU Innovation Fund

Other known investors4 additional known investors

  • Andritz
  • LONGi Green Energy Technology
  • Mitsubishi Heavy Industries
  • Tjuvholmen ventures
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.

Global footprint

Workforce and web traffic by country
Workforce by country
🇳🇴 Norway · Porsgrunn HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

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