Electric Hydrogen, a Boston MA- and San Francisco, CA-based renewable energy company, raised $24M in Series A funding.
The round was led by Breakthrough Energy Ventures with participation from Prelude Ventures and Capricorn’s Technology Impact Fund.
The company intends to use the funds for continued product development and team and operations expansion in the Greater Boston and San Francisco Bay Areas.
Led by CEO Raffi Garabedian, Founded by a team of energy transition veterans from First Solar and Tesla, Electric Hydrogen is developing large-scale solutions to help ease the world’s dependence on fossil fuels. Using low-cost renewable electricity, the company will produce clean hydrogen gas, an ideal medium for the decarbonization of many polluting industrial sectors.