H2scan Corporation
PrivateLast Round
Growth Equity
Feb 22, 2022
Total Funding Raised
$87.5M
Momentum Score
25 /100
Company Overview
H2scan Corporation is a developer and manufacturer of hydrogen sensing technology systems designed for a variety of industrial applications. Founded in 2002, the company provides accurate, tolerant, and affordable hydrogen leak detection and process gas monitoring solutions. Its products are used to improve safety and process control in markets such as electrical utilities, petrochemical refineries, and the broader hydrogen economy. The company's patented sensor technology was originally developed at Sandia National Laboratory and is designed to be specific to hydrogen, avoiding false readings from other gases. H2scan is privately held and venture-backed, having raised $70 million in a 2022 funding round to expand manufacturing and global sales. The company is headquartered in Valencia, California, and sells its products in over 50 countries.
Sector
Frontier & Industrial Tech
Verticals
Sensors, Smart Grid, Environmental Monitoring, Alternative Fuels, IoT Hardware
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription, Services & Consulting, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
H2scan Corporation Comps
Public and private peers based on sector, stage, and business model.
H2scan Corporation Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | Feb 22, 2022 | ||||
| Series E | Jan 15, 2020 | ||||
| Debt | Jan 15, 2020 | ||||
| Strategic | Mar 9, 2017 | ||||
| Series D | Jul 29, 2008 | ||||
Seed | Sep 18, 2002 |
Key People
Founding team and executive leadership
H2scan Corporation Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Energy Growth Momentum | Series E |
| LetterOne | Growth Equity |
| Tech Coast Angels | Series D |
| Chrysalix Venture Capital | Series D |
| Chrysalix Energy Limited Partnership | Seed |
| Pasadena Angels | Series D |
| GS Energy | Growth Equity |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 25, 2025
David Ellis appointed as the new Chairman of the Board.
- Oct 2, 2025
Added Air Products Inc. as a customer.
H2scan Corporation Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about H2scan Corporation's valuation, stock price, and market status.
