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Venture Capital News: Electric Hydrogen Secures Additional Funding

2022-07-11
NATICK, MA, Honeywell Ventures has contributed to Electric Hydrogen's Series B round financing.
Honeywell today announced that Honeywell Ventures, its venture arm that invests in early-stage, high-growth companies that have emerging and disruptive technologies, has contributed to Electric Hydrogen's Series B round financing. Honeywell joins a select group of investors and banks to bring the total funding for the round to $198M.

Electric Hydrogen (EH2) is a deep decarbonization company pioneering new technology for low-cost, high-efficiency, fossil-free hydrogen systems. Focusing on industrial applications of hydrogen in steel, ammonia and freight transport, EH2's goal is to help eliminate more than 30% of global GHG emissions from hard-to-electrify industries. Their leadership team has revolutionized other clean energy sectors at Tesla and First Solar.
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