HYDROCHEM

Oil & GasSeedGangneung, South Koreahydrochem-e.com

Latest round

Seed

Last raised

Apr 2022

Total raised

$0.2M

Investors

2

About HYDROCHEM

Founded in 2021 and headquartered in Gangneung, South Korea, HYDROCHEM is focused on offering innovative hydrogen safety solutions. The company has successfully completed three deals to date, with its most recent deal occurring on April 7, 2022.HYDROCHEM specializes in advanced hydrogen safety solutions, primarily offering H2 sensors and hydrogen safety systems. The core product line includes innovative catalyst technologies and hydrogen storage alloys that enhance the safe production and management of hydrogen energy. The company targets markets in Asia, Europe, and North America, catering to sectors such as energy, manufacturing, and research institutions requiring reliable hydrogen management solutions.In 2022, HYDROCHEM reported a revenue of KRW 80,202,000. The company generates revenue through direct sales of its flagship products, including H2 sensors and safety systems, primarily engaging in B2B partnerships with industrial clients and governmental organizations.HYDROCHEM plans to expand its product offerings with new hydrogen safety solutions, aiming for launch in upcoming years. The company is also targeting expansion into new markets, specifically in North America and Europe, by 2025.

Who invested in HYDROCHEM

2 investors across 2 rounds

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Funding rounds

  1. Seed

    Apr 7, 2022

    Amount

    $0.2M

    Investors

    Locked

  2. Seed

    Apr 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

Questions about HYDROCHEM

Who invested in HYDROCHEM?

HYDROCHEM has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has HYDROCHEM raised?

HYDROCHEM has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did HYDROCHEM last raise money?

HYDROCHEM's most recent round on record is a Seed, in Apr 2022.

What does HYDROCHEM do?

Founded in 2021 and headquartered in Gangneung, South Korea, HYDROCHEM is focused on offering innovative hydrogen safety solutions.

Where is HYDROCHEM headquartered?

HYDROCHEM is headquartered in Gangneung, South Korea.

Which VCs invest in companies like HYDROCHEM?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back oil & gas companies at HYDROCHEM's stage. Their profiles are linked below.

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