H2Pro

H2Pro is a pioneering startup focused on making affordable green hydrogen a reality on a large scale. The company's flagship product, the E-TAC electrolyzer, achieves an impressive 95% energy efficiency in splitting water, a significant leap from the 60-70% efficiency of conventional systems. This breakthrough, along with the design's scalability, lower material costs, and compatibility with renewables, positions H2Pro to offer the lowest Levelized Cost of Hydrogen (LCOH).

In line with global efforts to achieve net zero emissions, the integration of green hydrogen into hard-to-abate sectors such as steel, ammonia, refineries, heavy transport, and aviation is crucial. Furthermore, it plays a pivotal role in energy storage and as a green molecule for renewable energy export. H2Pro is committed to driving the widespread adoption of green hydrogen by ensuring its economic viability by the end of the decade.

Founded in 2019 and based in Caesarea, Israel, H2Pro has garnered substantial support, raising over 100 Million USD and securing backing from notable investors and strategic partners, including Bill Gates-founded Breakthrough Energy Ventures, Temasek Holdings, Horizons Ventures, ArcelorMittal, Yara Growth Ventures, OurCrowd, COPEC, Hyundai, Sumitomo Corporation, Extantia, Bazan, Doral, and New Fortress Energy. The company has a diverse team of over 100 people and has established branches in Germany, Spain, and the U.S. to advance the mission of making green hydrogen accessible at scale.

The latest investment, a grant investment received on 17 April 2023, came from BloombergNEF. With its innovative technology and substantial financial backing, H2Pro is poised to contribute significantly to the pivotal transition towards sustainable energy and decarbonization.