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EH2 valued at US$1bil after latest funding round

EH2 has raised over US$600mil since it was founded in 2020. — Reuters

BENGALURU: Hydrogen technology startup Electric Hydrogen (EH2) was valued at US$1bil after a financing round, a source familiar with the matter says.

Earlier on Tuesday, the company said it had raised US$380mil in an oversubscribed series C financing round led by Fortescue, Fifth Wall and Energy Impact Partners.

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EH2 , greenhydrogen , electrichydrogen , renewableenergy , climatechange , decarbonisation , cleantech , startupfunding

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