# Hydrogen Craft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hydrogen-craft

- Industry: Energy Storage & Batteries
- Headquarters: Huzhou, China
- Website: www.hydrogencraft.com
- Latest round: Series A (Nov 7, 2023)
- Investors on record: 3

## About

Based in Huzhou, China, and founded in 2017, Zhejiang Hydrogen Craft Technology Co., Ltd., trading as Hydrogen Craft, is a battery company specializing in the development and manufacture of hydrogen fuel cells. The core team of this company consists of multidisciplinary experts in electrochemistry and fuel cells, vehicle designers, control systems, structural engineering, and materials science. In May 2018 this company's first hydrogen-powered multirotor made its maiden flight in Hangzhou, and in 2022 it developed a hydrogen-powered small drone that made its maiden flight. It has partnerships with the State Grid of China, China Pipe Network, and PetroChina. In November 2025, Hydrogen Craft raised a venture funding from new investor Jones Capital and returning investor Xinghua Dingli Capital.
The company's self-developed such as hydrogen fuel reactors, hydrogen-powered vehicles, hydrogen production and refueling equipment, and ultraviolet light elimination vehicles. Among them, the hydrogen-powered aerial vehicle products such as large-load cargo UAV, QH-20 hydrogen-powered drogue fixed-wing UAV, and Hydrogen Spin 4 multi-rotor UAV. Its UAV products are used in the field of power grid inspection, oil and gas pipelines, wind power plants, emergency search and rescue, and other fields.
The company's revenue is generated by the sale of hydrogen fuel reactors, hydrogen-powered vehicles, hydrogen production and refueling equipment, and ultraviolet light elimination vehicles.

## Funding rounds

- Series A, Nov 7, 2023 — Welight Capital, Hengxu Capital, Xinghua Dingli Capital
- Series A, May 7, 2022 — Welight Capital, Xinghua Dingli Capital

## Investors

- Welight Capital (https://capitalatlas.ai/funds/welight-capital) — Series A
- Xinghua Dingli Capital (https://capitalatlas.ai/funds/xinghua-dingli-capital) — Series A
- Hengxu Capital (https://capitalatlas.ai/funds/hengxu-capital) — Series A