Hydrogen Onsite, S.L.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hydrogen Onsite, S.L. - overview

Established

2019

Location

-, -, Spain

Primary Industry

Renewable Energy

About

Based in Spain, Hydrogen Onsite, S. L. specializes in advanced membrane reactor technology that efficiently separates hydrogen from feedstocks, catering to industries in need of low-carbon hydrogen solutions. Hydrogen Onsite, S.


L. was founded in 2019 and focuses on hydrogen production technology. The company has completed 3 deals, with its most recent funding round, Series B, raising EUR 36. 00 mn on January 17, 2025, co-led by Hy24 and Suma Capital alongside other investors.


The CEO, Andres Galnares, leads the company, which does not operate under a parent company or have any subsidiaries. Hydrogen Onsite, S. L. ’s primary offerings center on advanced membrane reactor technology designed to facilitate the efficient separation of hydrogen from various feedstocks, including ammonia, methanol, and syngas.


This technology operates through a unique membrane system that selectively absorbs hydrogen with a purity of over 99%, enabling the extraction of hydrogen from molecules that are transportable and have established production frameworks. Hydrogen Onsite’s solutions cater to a wide range of industrial applications, including hard-to-abate sectors, heavy-duty mobility, and energy storage, addressing the critical need for low-carbon hydrogen in regions such as Europe and East Asia. The company’s products are particularly suited for hydrogen transport and purification, serving clients across multiple industries, including energy, automotive, and manufacturing sectors, with a notable presence in international markets that prioritize decarbonization efforts. In 2023, Hydrogen Onsite reported a revenue of EUR 2,356,560 and an EBITDA of EUR -2,467,791.


9. The company generates revenue through direct sales and partnerships focused on its membrane reactor systems and related technologies, engaging primarily in B2B transactions with industrial clients that require high-purity hydrogen for various applications. These transactions typically involve tailored agreements that address specific client needs, with terms that may include upfront payments for equipment and ongoing service contracts for maintenance and support. Hydrogen Onsite's flagship products, centered around palladium-alloy membranes, are integral to its offerings, ensuring that clients achieve high efficiency and recovery rates of hydrogen.


In January 2025, Hydrogen Onsite, S. L. raised EUR 36. 00 mn in Series B funding, which will support its business growth.


The company plans to expand into new markets and geographic regions, focusing on regions that are actively pursuing low-carbon hydrogen strategies. Further details on upcoming product launches or specific market entry dates are not available at this time, but the funding will be instrumental in facilitating these initiatives.


Current Investors

ENGIE New Ventures, Gestion de Capital Riesgo del Pais Vasco, Seed Capital de Bizkaia

Primary Industry

Renewable Energy

Sub Industries

Renewable Energy, Energy Storage & Batteries, Industrial Machinery

Website

www.h2site.eu

Verticals

Clean Technology, Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.