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Power to Hydrogen

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Making clean hydrogen competitive against fossil fuels with AEM electrolysis technology

Columbus, United StatesFounded 2019Energy
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Power to Hydrogen

Power-H2 is a pioneering startup that is accelerating the transition to a clean energy economy. The company's technology, originally developed for NASA, is now being used to produce low-cost hydrogen and pressurized oxygen for large industrial users. This includes sectors such as efuels production, petroleum refining, glassmaking, steelmaking, and more.

The company's innovative technology also serves the transportation sector, offering solutions for transporting hydrogen as high-pressure gas, liquid, or ammonia. This process eliminates the need for expensive mechanical compression, making it a cost-effective solution.

Power-H2 also enhances the economics of utility-scale solar and wind installations by monetizing curtailed production and boosting peak output. This is a significant contribution to the renewable energy sector, as it helps to maximize the efficiency and profitability of these installations.

The company's business model is built on commercializing its unique technology to hasten the transition away from fossil fuels. It operates in the clean energy market, serving both industrial clients and the renewable energy sector.

The team behind Power-H2 is a blend of engineers, scientists, and business professionals, led by Dr. Paul Matter, an inventor and technology development leader with two decades of experience in fuel cell and electrolyzer development.

In summary, Power-H2 is a promising startup that is making significant strides in the clean energy sector, with a unique technology that serves multiple markets and a strong team driving its vision.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Columbus, United States
Employees
27
Open positions
3
Dealroom signal
79.7/100
Sub-industry
Clean Energy, Oil & Gas, Energy Storage
Sector
Energy, Hydrogen, Sustainable Development Goals, Climate Tech, Novel Energy, Fuel Cell, Hard Tech
Technology
Hardware, Deep Tech, Nanotech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Oct 2025 $1M — European Commission ↗
SERIES AOther financing May 2025 $20M $80M Karpowership · Mitsui O.S.K. Lines · Kinetics Group ↗
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 —
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Growth signals

Power to Hydrogen website traffic

Latest recorded traffic for Power to Hydrogen is 6K monthly website visits, up 17.6% over the last three months. Power to Hydrogen's team grew 3.8% over the past year.

Latest monthly visits6K 3-month web change+17.6% 1-year team growth+3.8%
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

17 investors on the cap table

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

Seed2 investors entered at this stage

  • ARPA-E
  • European Commission

Series A13 investors entered at this stage

  • Rev1 Ventures
  • Worthington Enterprises
  • INP Capital
  • Realize Impact
  • ESB International
  • E.ON
  • American Electric Power
  • JERA
  • Finindus
  • EDP Ventures
  • Karpowership
  • Mitsui O.S.K. Lines
  • Kinetics Group

Other known investors2 additional known investors

  • Joules Accelerator
  • NASA
Team profiled 4 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
5 countries with
team presence
🇺🇸 United States79.2%
🇨🇦 Canada8.3%
🇪🇸 Spain4.2%
🇧🇪 Belgium4.2%
🇩🇪 Germany4.2%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Power to Hydrogen 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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