BayoTech
Latest round
- Series B
Last raised
- Mar 2018
Total raised
- $13M
Investors
- 2
About BayoTech
BayoTech, Inc., founded in 2015 and headquartered in Albuquerque, US, focuses on hydrogen production and distribution.BayoTech specializes in the production and distribution of hydrogen, positioning itself as a key player in the decarbonization sector across North America. Their core offerings include high-pressure hydrogen generators, transport, and storage solutions designed to supply hydrogen for a variety of applications, serving critical industries such as mobility, power generation, manufacturing, and industrial gas distribution. Notable applications include providing scalable hydrogen refueling solutions for zero-emission fuel cell buses and trucks, as well as high-capacity storage solutions for treating metals, processing foods, and glass production.BayoTech's revenue structure is driven primarily by B2B transactions, supplying high-pressure hydrogen and associated services to various industries. The company engages in direct partnerships with clients in sectors such as transportation and manufacturing, establishing ongoing supply agreements for hydrogen delivery. Clients may access hydrogen on a subscription basis, ensuring a consistent supply of low-carbon fuel for their operations.BayoTech plans to expand its product offerings, potentially introducing new hydrogen generation technologies in the coming years. The company is targeting expansion into Northern California, specifically the Stockton area, to enhance its market reach by 2025.00 mn will be utilized to support these initiatives and facilitate the development of additional hydrogen infrastructure. Additionally, following the exit of Catalyst Fund from its stake, BayoTech is poised to leverage its strengthened financial position to pursue strategic growth opportunities.
Who invested in BayoTech
2 investors across 1 round
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Funding rounds
Series B
Mar 29, 2018
Amount
$13M
Investors
Questions about BayoTech
Who invested in BayoTech?
BayoTech has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BayoTech raised?
BayoTech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BayoTech last raise money?
BayoTech's most recent round on record is a Series B, in Mar 2018.
What does BayoTech do?
BayoTech is a industrial machinery company.
Where is BayoTech headquartered?
BayoTech is headquartered in Albuquerque, US.
Which VCs invest in companies like BayoTech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at BayoTech's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series B
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