OneH2, Inc. Asset Profile

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Location

NC US

Primary Industry

Renewable Energy

About

Based in North Carolina, US, and founded in 2015 by CEO Paul Dawson. OneH2, Inc. operates as a hydrogen fuel company for use in industrial vehicle and truck markets. In 2019 OneH2, Inc. acquired the PowerTap® Hydrogen generator business from Nuvera Fuel Cells, LLC. In January 2021 Navistar collaborated with General Motors And OneH2 to launch Hydrogen Truck Ecosystem which introduces a complete solution for a zero-emission long-haul transportation system. In September 2023, OneH2, Inc. raised venture funding from Chevron Technology Ventures, Galena Asset Management and The Papé Group, Inc. OneH2, Inc. is an end-to-end solution that focuses on the production, delivery, and monitoring of zero-emission hydrogen fuel. This fuel is used to power forklifts and trucks for companies across all major industries. The company plans to use its September 2023 funding to speed up the creation and implementation of mid-scale hydrogen generators and fuel delivery systems.

Current Investors

Sumitomo Corporation, Galena Asset Management, Buckeye Partners

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Primary Industry

Renewable Energy

Sub Industries

Renewable Energy, Energy Storage & Batteries, Analytics & Performance Software

Website

www.oneh2.com

Verticals

Clean Technology

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

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