- Raised $2.5M Seed round led by Next Gear Ventures, Sep 2025
- Raised $1.2M Pre-Seed round, Aug 2023
- Raised $500k grant, Jul 2022
About
Nugen is building distributed clean-energy infrastructure for data centers and critical infrastructure, using a proprietary solid-state hydrogen platform to store, ship, and deliver power wherever it's needed.
As AI-driven load growth outpaces grid expansion, operators need resilient onsite power not only for backup, but also for capacity growth, peak support, and decentralized power. Nugen enables long-duration, continuous power through compact, modular cartridges that are safe to handle and transport like standard cargo, without hydrogen pipelines, high-pressure storage, or cryogenic logistics.
The platform scales from modular building blocks to multi-MW deployments (N+1 ready), integrates with existing electrical infrastructure, and is designed for fast time-to-power in space-constrained and regulation-constrained environments. Nugen's model combines system deployments with recurring energy supply, creating a scalable infrastructure business as the market shifts toward zero-emission onsite power.
Funding history · 3 rounds · $4.2M total
Q&A
- What is Nugen's primary focus?
- Nugen is building distributed clean-energy infrastructure for data centers and critical infrastructure, utilizing a proprietary solid-state hydrogen platform for power storage, shipping, and delivery.
- When was Nugen founded?
- Nugen was founded in October 2023.
- What is Nugen's total funding to date?
- Nugen has raised a total of $4,200,000 USD.
- When did Nugen complete its most recent funding round and who led it?
- Nugen completed a Seed round in September 2025, led by Next Gear Ventures.
- What type of funding did Nugen receive in August 2023?
- In August 2023, Nugen received Pre-Seed funding from Next Gear Ventures.
- Which entity provided Nugen with a grant in July 2022?
- The Israeli Science Ministry provided Nugen with a grant in July 2022.
- Who are the co-founders of Nugen?
- The co-founders of Nugen are Eyal Shalom, Prof. Alex Schechter, and Prof. Idit Avrahami.
- What is Nugen's current product stage?
- Nugen's product is currently in the R&D stage.
Team · 4
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | nugeneco.com |
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| linkedin.com/company/102968455 |
Identifiers & details
| Founded | 2023-10 |
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| Employees (exact) | 8 |
Radar intelligence
Patents
| EPO | 74 |
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Publications (Crossref)
| Works | 10 |
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Web history (Wayback)
| Domain | nugeneco.com |
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Certificate / subdomain footprint
| Subdomains | 4 |
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