- Raised $1.5M Series A, Apr 2023
- Raised $1.5M Series A, Mar 2021
- Raised $1.2M Seed round, Oct 2019
About
Hydro X offers a hydrogen storage technology that utilizes a water-based carrier to safely and cost-effectively store and transport hydrogen. This technology operates at near-ambient conditions with 94% energy efficiency, lowering operational costs to under $1 per kg of hydrogen. It simplifies safety and compliance processes, presenting a less expensive and safer alternative for hydrogen projects compared to traditional methods, especially for long-term storage and long-distance transportation.
The technology supports a wide range of applications, from reducing carbon emissions in industries such as iron, steel, and petrochemicals to providing renewable energy storage solutions that enhance system resiliency and facilitate green energy distribution via trucks, ships, and railways. This broad applicability indicates the technology's utility in promoting sustainable energy practices across various sectors.
Funding history · 5 rounds · $4.5M total
Q&A
- What is Hydro X's primary business?
- Hydro X offers a hydrogen storage technology that uses a water-based carrier for safe and cost-effective storage and transport of hydrogen. This technology operates at near-ambient conditions with high energy efficiency.
- When was Hydro X founded?
- Hydro X was founded in January 2016.
- What was Hydro X's most recent funding round?
- Hydro X completed an A Round in April 2023, raising $1,500,000.
- Which investors participated in Hydro X's March 2021 A Round?
- In March 2021, Hydro X received investment from ESIL, CLP, and OSEG during its A Round.
- What is the total amount of funding Hydro X has raised to date?
- Hydro X has raised a total of $4,500,000 across all funding rounds.
- Who are the co-founders of Hydro X?
- The co-founders of Hydro X are Asa Ziv and Yoel Sasson.
- What is the name of Hydro X's CEO?
- Assaf Sayada is the CEO of Hydro X.
- What is Hydro X's primary sector?
- Hydro X's primary sector is Energy Tech.
Team · 6
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | hydrox.earth |
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| linkedin.com/company/76533043 |
Identifiers & details
| Former names | NrgStorEdge |
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| Founded | 2016-1 |
| Employees (exact) | 21 |
Radar intelligence
Patents
| EPO | 30 |
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Web history (Wayback)
| Domain | hydrox.earth |
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Certificate / subdomain footprint
| Subdomains | 6 |
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