# HYDGEN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hydgen

- Industry: Renewable Energy
- Headquarters: Singapore, Singapore
- Website: www.hyd-gen.com/
- Total disclosed funding: $1.5M
- Latest round: Seed (Feb 16, 2025)
- Investors on record: 3

## About

Founded in 2024, and based in Singapore, Hydrogen Innovation Pte. Ltd. specializes in advanced green hydrogen production, providing innovative electrolyzer technologies designed to enhance operational efficiency and sustainability for various industries. Hydrogen Innovation Pte. Ltd. focuses on developing green hydrogen production solutions. The company operates out of Singapore and has established a robust presence in the renewable energy sector. The founder, whose background includes experience in technology startups, aims to drive innovation in hydrogen production.Hydrogen Innovation Pte. Ltd. primarily offers advanced green hydrogen production solutions through its proprietary AEM and PEM electrolyzer technologies. These electrolyzers are engineered to facilitate on-site hydrogen generation, thereby minimizing dependence on external supply chains and enhancing operational efficiency for small to mid-sized industries. The AEM electrolyzers utilize innovative designs in catalyst, membrane, and bipolar plate engineering to deliver high hydrogen purity and efficiency, thus addressing the growing demand for sustainable energy solutions. Their core offerings cater to various sectors, including manufacturing, transportation, and energy, where hydrogen can be utilized for fuel cells, industrial processes, and as a clean energy carrier. While the specific geographical markets for their products include Europe and North America, the company actively seeks to expand its reach into emerging markets poised for green energy adoption. Hydrogen Innovation Pte. Ltd. generates revenue through direct business-to-business transactions with its clients, which include industrial manufacturers and energy companies seeking to implement sustainable practices. The sales structure is based on contracts for the purchase and installation of electrolyzer systems, along with potential ongoing maintenance and support agreements. The company’s flagship products, the AEM and PEM electrolyzers, are positioned as premium solutions in the market, reflecting a commitment to high efficiency and purity levels. These products are offered under various pricing plans depending on the scale and customization required by clients, facilitating tailored solutions to meet specific operational needs. Strategic partnerships with industry leaders further enhance the company's market presence and revenue potential, contributing to the growth of decentralized hydrogen production initiatives.The company is designing new electrolyzer models intended for larger scale operations, projected to launch in late 2025. Hydrogen Innovation Pte. Ltd. plans to expand into the Asia-Pacific region, specifically targeting markets in Australia and New Zealand by 2026. Recent funding will be allocated to research and development of these new products, as well as marketing strategies to establish a foothold in these new markets.

## Funding rounds

- Seed, Feb 16, 2025, $1.5M — NUS Enterprise, TK & Partners, Cloudberry Pioneer Investments

## Investors

- NUS Enterprise (https://capitalatlas.ai/funds/nus-enterprise) — Seed
- TK & Partners (https://capitalatlas.ai/funds/tk-partners) — Seed
- Cloudberry Pioneer Investments (https://capitalatlas.ai/funds/cloudberry-pioneer-investments) — Seed