What is HPNow?
Founded in 2015 and headquartered in Søborg, Denmark, HPNow is at the forefront of developing sustainable solutions for clean water and sanitation. The company specializes in on-site, autonomous generation of ultra-pure hydrogen peroxide. Their innovative electrochemical generators produce H2O2 directly at the point of use, requiring only water, electricity, and air, thereby minimizing logistical complexities and environmental impact. This technology is crucial for various industries requiring high-purity H2O2.
How much funding has HPNow raised?
HPNow has raised a total of $14.9M across 1 funding round:
Other Financing Round
$14.9M
Other Financing Round (2023): $14.9M with participation from Novo Holdings, Danish Export and Investment Fund, and Sub-Sahara Capital
Key Investors in HPNow
Novo Holdings
Novo Holdings, a key entity of the Novo Nordisk Foundation, is a prominent Danish investment firm with a strong focus on life sciences and healthcare, likely bringing strategic expertise to HPNow's growth.
Danish Export and Investment Fund
The Danish Export and Investment Fund, a state-backed entity, typically supports Danish companies in expanding their international presence and technological capabilities, indicating a focus on HPNow's global market penetration.
Sub-Sahara Capital
Sub-Sahara Capital, an investment firm focused on emerging markets, suggests a strategic interest in HPNow's solutions for water and sanitation challenges in developing regions, potentially aiding in market expansion and impact.
What's next for HPNow?
The recent major strategic investment signals a pivotal growth phase for HPNow, likely enabling the company to scale its operations, expand its market reach, and further innovate its hydrogen peroxide generation technology. This capital infusion is expected to accelerate HPNow's mission to provide accessible and sustainable ultra-pure hydrogen peroxide solutions globally, positioning it for significant enterprise-level impact.
See full HPNow company page
