Nugen

Company Overview

Snapshot

Founded in October 2023 by Eyal Shalom, Prof. Alex Schechter, Prof. Idit Avrahami, and Evgeny Gamerman, Nugen operates with 1–10 employees. The company has raised $4.2 million across three funding rounds.

Business overview

Nugen develops distributed clean-energy infrastructure for data centers and critical infrastructure, leveraging a proprietary solid-state hydrogen platform for power storage, shipment, and delivery. The company's technology addresses the growing demand for resilient onsite power, offering solutions for capacity growth, peak support, and decentralized power needs. Nugen's compact, modular cartridges enable long-duration, continuous power without relying on hydrogen pipelines, high-pressure storage, or cryogenic logistics. The platform scales from modular building blocks to multi-MW deployments, integrates with existing electrical infrastructure, and is designed for rapid deployment in space-constrained and regulation-constrained environments. Nugen operates in the Energy Tech sector, focusing on renewable energy, data center efficiency, and hydrogen solutions.

Company Intelligence Q&A

When was Nugen founded?

Nugen was founded in October 2023.

Who are the founders of Nugen?

The founders of Nugen are Eyal Shalom, Prof. Alex Schechter, Prof. Idit Avrahami, and Evgeny Gamerman.

How much capital has Nugen raised to date?

Nugen has raised a total of $4.2 million across three funding rounds.