What is H2Pro?
Founded in 2019 and headquartered in Caesarea, Israel, H2Pro is redefining the economics of green hydrogen. The company's core innovation, E-TAC (Electrochemical - Thermally Activated Chemical), offers a transformative alternative to conventional electrolysis. By decoupling the production of hydrogen and oxygen into separate steps, the technology eliminates the requirement for expensive membranes and significantly reduces power consumption. This breakthrough allows for the production of green hydrogen at a cost-competitive level with fossil-fuel-derived alternatives, addressing one of the most significant barriers to widespread industrial adoption of clean energy.
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 Li Ka Shing Foundation, Sumitomo, Bill Gates, and Hyundai Motor Company
Series B (2022): $75M supported by Temasek, Yara, ArcelorMittal, Breakthrough Energy Ventures, and Horizons Ventures
Key Investors in H2Pro
Breakthrough Energy Ventures
A venture capital firm backed by global business leaders, focused on investing in companies that can significantly reduce emissions across key sectors to achieve net-zero by 2050.
Temasek
A global investment company based in Singapore that acts as a generational investor, prioritizing long-term sustainable growth and future-ready technologies.
Horizons Ventures
A venture firm specializing in deep science and technology investments, dedicated to supporting transformative projects that advance humanity.
What's next for H2Pro?
With the recent infusion of capital, H2Pro is poised to transition from pilot-scale validation to large-scale industrial deployment. The strategic involvement of heavy-industry partners such as ArcelorMittal and Yara Growth Ventures suggests a clear roadmap toward integrating E-TAC technology into high-emission sectors like steel manufacturing and fertilizer production. Future efforts will likely focus on optimizing manufacturing throughput and expanding the global footprint of its modular hydrogen generation systems. As the global demand for decarbonization solutions intensifies, H2Pro's ability to deliver safe, efficient, and cost-effective hydrogen will be central to its long-term market leadership.
See full H2Pro company page
