The green hydrogen sector has witnessed significant momentum with HYDGEN’s recent Pre A funding round, which brought in $5 million in capital. Transition VC spearheaded the investment, joined by Cloudberry Pioneer Investments from Europe, Singapore based Moringa Ventures, and several strategic family offices across India and Singapore. This funding milestone represents a crucial step forward for the deeptech startup as it seeks to transform industrial hydrogen production.
Addressing Industrial Hydrogen Challenges
HYDGEN’s core innovation lies in its anion exchange membrane (AEM) electrolyzer technology, which offers a practical solution to longstanding challenges in hydrogen supply chains. Traditional hydrogen procurement involves complex logistics and transportation costs that burden industrial operations. The company’s approach enables businesses to generate hydrogen directly at their facilities, eliminating dependency on external suppliers while ensuring consistent purity standards.
Dr. Manipaddy Krishna Kumar, Co-founder and COO of HYDGEN, emphasized that the immediate opportunity extends beyond future energy transitions. Industries already relying on hydrogen for current operations face urgent supply chain constraints that demand immediate solutions. The company’s technology addresses these present day requirements while positioning clients for broader decarbonization goals.
Technology and Market Strategy
The startup’s proprietary systems combine alkaline system advantages with proton exchange membrane efficiency, notably avoiding expensive platinum group metals. This hybrid methodology delivers cost effectiveness alongside performance. HYDGEN’s modular electrolyzer units range from 1 kW to 100 kW configurations, with scalability extending to 250 kW capacity.
Mohamed Shoeb Ali, Managing Partner at Transition VC, noted that HYDGEN represents the first team capable of scaling AEM electrolyzers to genuine industrial applications while maintaining cost leadership. This positions the technology as commercially viable rather than merely experimental.
Expansion and Growth Plans
The fresh capital injection will facilitate several strategic initiatives. HYDGEN plans to transform its Mangalore facility into a semi automated production line, enhancing manufacturing efficiency and output capacity. International expansion targets include Japan, Europe, and the Middle East – regions demonstrating robust policy frameworks supporting industrial hydrogen adoption.
The company has already established pilot projects throughout India, Singapore, and Southeast Asia, with multiple partners now advancing toward full scale deployment. These early implementations validate both market demand and technological readiness, positioning HYDGEN for accelerated growth in the evolving hydrogen economy.
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