HydroTransformer

Renewable EnergySeries AXi'an, Chinahydrotransformer.com

Latest round

Series A

Last raised

Nov 2023

Total raised

$29M

Investors

3

About HydroTransformer

Established in 2021 and based in Xi'an, China, HydroTransformer operates as an organic liquid hydrogen storage technology developer that provides hydrogen storage and release catalysts, organic hydrogen carriers, hydrogen storage and release devices. It was established by Qin Chuang yuan and Xi'an Jiaotong University. The company is headquartered in Shaanxi and has a factory covering an area of 34 acres in Xianyang. The core research team has more than ten years of R&D experience in LOHC technology. In March 2022, the company's annual output of 10,000 tons of organic liquid hydrogen storage materials and supporting catalysts project officially landed in Binzhou. In October 2022, it established the Xi'an R&D center. The company cooperates with SPIC, China Petroleum and Ekia Group, etc.  The company engages in the research and development of liquid organic hydrogen carriers (LOHC). LOHC is a non-toxic, non-flammable and non-explosive non-hazardous chemicals. Its products include hydrogen refueling station, LOHC hydrogen energy storage power station, Hydrogen Energy skid-mounted organic liquid production and storage machine, and LOHC hydrogen power high-power vehicle. The company will invest in the factory production in the second quarter of 2024 and implementing commercial demonstration projects, including offshore wind power and "Shagohuang" photovoltaic from 2024.

Who invested in HydroTransformer

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Nov 1, 2023

    Amount

    $14M

    Investors

    Locked

  2. Angel

    Apr 22, 2022

    Amount

    $15M

    Investors

    Locked

Questions about HydroTransformer

Who invested in HydroTransformer?

HydroTransformer has 3 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 HydroTransformer raised?

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

When did HydroTransformer last raise money?

HydroTransformer's most recent round on record is a Series A, in Nov 2023.

What does HydroTransformer do?

Established in 2021 and based in Xi'an, China, HydroTransformer operates as an organic liquid hydrogen storage technology developer that provides hydrogen storage and release catalysts, organic hydrogen carriers, hydrogen storage and release devices.

Where is HydroTransformer headquartered?

HydroTransformer is headquartered in Xi'an, China.

Which VCs invest in companies like HydroTransformer?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back renewable energy companies at HydroTransformer's stage. Their profiles are linked below.

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