Hydrogen Optimized

Hydrogen Optimized

Private
Owen Sound, OntarioEnergy & Sustainabilityhttps://hydrogenoptimized.com

Last Round

Grant

May 21, 2024

Total Funding Raised

$6.91M

Company Overview

Hydrogen Optimized is an alternative energy equipment company that develops, manufactures, and sells large-scale clean hydrogen production systems using its patented RuggedCell™ water electrolysis technology.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Alternative Fuels, Clean Manufacturing, Energy Storage

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

green hydrogen productionalkaline water electrolysisalkaline electrolyzerRuggedCellgreen hydrogengreen H2large-scale hydrogenwater electrolysiselectrolyzerindustrial decarbonizationlevelized cost of hydrogenLCOHgigawatt-scale hydrogenunipolar electrolyzerintermittent powerenergy storageclean hydrogen

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Hydrogen Optimized Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Hydrogen Optimized Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantMay 21, 2024
DebtSep 7, 2023
StrategicAug 24, 2022
GrantAug 12, 2021
GrantJun 8, 2021

Key People

Founding team and executive leadership

Denis Krude

President CEO

Executive Team

Mike Nicholson

Chief Financial Officer

Executive Team

Hydrogen Optimized Investors

Notable investors and investment history

Market signals

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  • Mar 23, 2026

    RuggedCell system launched to minimize performance degradation.

  • Mar 9, 2026

    Launched the RuggedCell Savings Calculator tool for customers.

Hydrogen Optimized Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Hydrogen Optimized Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOwen Sound, Ontario
Employee Range33
Year Founded2017
Last FundingMay 21, 2024

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