What is H2Pro?
Founded in 2019, H2Pro is an Israeli clean-tech company that has developed the Electrochemical-Thermally Activated Chemical (E-TAC) process. This revolutionary method splits water into hydrogen and oxygen in separate steps, effectively eliminating the need for expensive membranes required in standard electrolysis. By decoupling the production process, H2Pro achieves over 95% efficiency, significantly reducing power consumption and capital expenditure. The company's technology is poised to make green hydrogen a viable, cost-competitive alternative to fossil-fuel-derived hydrogen, serving as a cornerstone for industrial decarbonization efforts worldwide.
How much funding has H2Pro raised?
H2Pro has raised a total of $107.2M across 3 funding rounds:
Series A
$10.2M
Other Financing Round
$22M
Series B
$75M
Series A (2020): $10.2M with participation from IN Venture
Other Financing Round (2021): $22M led by Hyundai Motor Company, Li Ka Shing Foundation, Sumitomo, and Bill Gates
Series B (2022): $75M supported by Horizons Ventures, Yara, ArcelorMittal, Temasek, and Breakthrough Energy Ventures
Key Investors in H2Pro
Breakthrough Energy Ventures
A mission-driven investment firm backed by global business leaders, focusing on funding companies that can significantly reduce emissions across electricity, manufacturing, and transportation sectors.
Temasek
A global investment company headquartered in Singapore that acts as a generational investor, prioritizing long-term value creation and sustainable development.
Horizons Ventures
A venture capital firm specializing in deep science and technology, dedicated to supporting innovative projects that aim to advance humanity toward a more sustainable future.
What's next for H2Pro?
With the latest round of financing, H2Pro is set to focus on the industrialization of its E-TAC systems. The company's roadmap includes scaling manufacturing capabilities to meet the growing demand from sectors such as steel production, heavy transport, and chemical manufacturing. By partnering with global industrial giants, H2Pro aims to integrate its technology into existing infrastructure, thereby accelerating the path to net-zero emissions. Future strategic efforts will likely center on optimizing supply chain logistics and expanding its footprint in key international markets, ensuring that its high-efficiency hydrogen production becomes the standard for sustainable energy systems.
See full H2Pro company page
