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H2Pro
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Short description

Developer of Electrochemical-Thermally Activated Chemical hydrogen production technology (ETAC)

Founded in 2019
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector hydrogen

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Israel Israel
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Updated by Cleantech Group on 11/01/2022

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New Energy Challenge New Energy Challenge
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Confirmed by New Energy Challenge
Incubation/Acceleration
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IPO INFORMATION

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Date Investors Type Amount
01/25/2022 Temasek Holdings Temasek Holdings , Horizons Ventures Horizons Ventures , Breakthrough Energy Ventures Breakthrough Energy Ventures , Yara Yara , ArcelorMittal ArcelorMittal (5)
Post-money valuation of
H2Pro is targeting producing hydrogen at a cost of under US$2/kg by 2023, when its first commercial, megawatt scale project is anticipated to move into production, and at a cost of under US$1/kg by 2030.
Series B $75,000,000
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