Hydro X
Reinventing Hydrogen Storage
StartupHydro X is a Jerusalem-based startup in the Energy Tech sector, established in 2016. Reinventing Hydrogen Storage. The company has raised a total of $4.5M across 5 funding rounds, currently at the A stage. Hydro X was founded by Asa Ziv, Yoel Sasson, Ariel Givant. Key investors include ESIL, CLP , OSEG, among 4 total investors. The company has 11-50 employees. Core technologies: Materials & Substances.
With $4.5M in total funding, Hydro X is a A-stage company operating in Energy Tech. The company follows a B2B business model. Product stage: Alpha. The company holds 1 patent. Hydro X is identified as relevant to climate technology.
- StageA
- ProductAlpha
- ModelB2B
- Employees11-50
- HQJerusalem
- Last Round$1.5M
- ESIL
- CLP
- OSEG
4 investors total
Asa ZivCo-founder
Yoel SassonCo-founder & Chief Scientist
Ariel GivantPhD, Team Leader and Head of Chemistry
4 articles covered by sources including www.linkedin.com,
viewer.joomag.com,
www.tech12.co.il.
What does Hydro X do?
Hydro X offers a hydrogen storage technology that utilizes a water-based carrier to safely and cost-effectively store and transport hydrogen. This technology operates at near-ambient conditions with 94% energy efficiency, lowering operational costs to under $1 per kg of hydrogen. It simplifies safety and compliance processes, presenting a less expensive and safer alternative for hydrogen projects compared to traditional methods, especially for long-term storage and long-distance transportation. The technology supports a wide range of applications, from reducing carbon emissions in industries such as iron, steel, and petrochemicals to providing renewable energy storage solutions that enhance system resiliency and facilitate green energy distribution via trucks, ships, and railways. This broad applicability indicates the technology's utility in promoting sustainable energy practices across various sectors.
How much funding has Hydro X raised?
Hydro X has raised $4.5M in total funding across 5 rounds. The company is currently at the A stage. Key investors include ESIL, CLP , OSEG.
Who founded Hydro X?
Hydro X was founded in 2016 by Asa Ziv (Co-founder), Yoel Sasson (Co-founder & Chief Scientist), Ariel Givant (PhD, Team Leader and Head of Chemistry).
What sector is Hydro X in?
Hydro X operates in Energy Tech, Energy Management & Grid Integration, Climate Tech, Energy Transition, Eco-Efficient Energy Storage, Hydrogen, with core technologies in Materials & Substances. Target customers: Industrial Manufacturing, Process Industries, Cement, Chemicals & Petrochemicals, Metal Fabrication, Glass, Hybrid Industries, Fertilizers & Pesticides, Mining, Metals, Energy, Utilities & Waste Management, Renewable Energy Systems, Utilities, New Fuels, Hydrogen.
Where is Hydro X located?
Hydro X is based in Professor Racah St 2/10, Jerusalem, Israel.