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Power to Hydrogen Inc. (P2H2)

company 1 Deal 4 Partners

Power to Hydrogen Inc. (P2H2) is a technology company focused on developing and commercializing advanced anion exchange membrane (AEM) electrolyzers for efficient and affordable green hydrogen production. Their strategy involves securing government funding for research, development, and scaling manufacturing to accelerate the adoption of green hydrogen.

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Founded 2020
Technology CompanyOEM/EquipmentDeveloper

Strategic Overview

  • P2H2 is focused on reducing the cost of green hydrogen production through its proprietary AEM electrolyzer technology.
  • The company actively seeks and secures government funding, particularly from the U.S. Department of Energy, to support its R&D and manufacturing scale-up efforts.

Deal Activity from Public Sources

P2H2 Awarded $2.5 Million from U.S. Department of Energy to Advance AEM Electrolyzer Technology
Financing Green Hydrogen USA May 2024 with U.S. Department of Energy
P2H2 Awarded $2.5 Million from U.S. Department of Energy to Scale AEM Electrolyzer Manufacturing
Financing Green Hydrogen USA October 2023 with U.S. Department of Energy
P2H2 Awarded $1.5 Million from U.S. Department of Energy to Develop Low-Cost AEM Electrolyzer Stacks
Financing Green Hydrogen USA August 2023 with U.S. Department of Energy

Investment Focus

Technologies
Hydrogen1
Geography
India1

Key People

Paul Colella
CEO
Dr. Yu Seung Kim
CTO
Dr. Andrew Park
VP of Engineering
Dr. David A. Schiraldi
VP of Business Development
Dr. Michael A. Hickner
VP of Research

Track Record

3
Deals Completed
4
Years Active
$M6.5M
Total Value
Notable projects: Development of AEM Electrolyzer Technology for Green Hydrogen Production

Detailed Analysis

Technologies
Green HydrogenElectrolysis
Sectors
Energy TransitionUtilities
Geographies
United States (3 deals)
Deal Stage
Greenfield
Track Power to Hydrogen Inc. (P2H2)