Hydro X
Formerly NrgStorEdge
Reinventing Hydrogen Storage
Startup A Energy Tech Est. 2016
Total Raised
$4.5M
A
Last Round
$1.5M
5 rounds
Investors
4
4 public
Team
6
11-50 employees
Confidence
98/100
News
4
articles
Patents
1
About
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.
Classification
Sector
Energy TechEnergy Management & Grid IntegrationClimate TechEnergy TransitionEco-Efficient Energy StorageHydrogen
Core Technology
Materials & Substances
Target Customer
Industrial ManufacturingProcess IndustriesCementChemicals & PetrochemicalsMetal FabricationGlassHybrid IndustriesFertilizers & PesticidesMiningMetalsEnergy, Utilities & Waste ManagementRenewable Energy SystemsUtilitiesNew FuelsHydrogen
Business Model
B2B
Tags
manufacturing-facilitiesbehavior-analyticscommercial-sitesoil-and-gas-companiesdata-centersenergy-storageenergyclimate-techrenewable-energyalternative-fuelshydrogen
Funding & Events
Oct 2019
Seed $1.17M
OSEG, Nissan Caspi
Mar 2021
A Round $1.5M
ESIL, CLP , OSEG
Jan 2018
Non-equity Undisclosed
, Israel Innovation Authority
Jan 2016
Pre-Seed $330K
OSEG (Lead)
Apr 2023
A Round $1.5M
News (4)
Jan 1, 2024 · www.linkedin.com
growth-positive
Hydro X Pivotal year in 2023
InvestmentPartnersCustomers
Aug 1, 2023 · viewer.joomag.com
Hydrogen Tech World August 2023
Oct 26, 2022 · www.linkedin.com
growth-positive
Hydro X wins the first prize of Germany Startup Contest
CustomersPartnersExpand
Feb 25, 2022 · www.tech12.co.il
growth-positive
הסטארט אפ שהופך מימן לסודה קלה להובלה
InvestmentExpand
Details
Product Stage
Alpha
Employees
11-50
Exact Count
21
Founded
2016
Registrar
515368629
Crunchbase
nrgstoredge
Locations
Professor Racah St 2/10, Jerusalem, Israel
Links
Website
LinkedIn
Careers
Admin
Last Update
Sep 14, 2024
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
markets
Team (6)
Assaf Sayada
CEO
Asa Ziv
Co-founder
Founder
Yoel Sasson
Co-founder & Chief Scientist
Founder
Ariel Givant
PhD, Team Leader and Head of Chemistry
Founder
Shmuel Gonen
PhD, Team Leader, Head of Catalyst
Eviatar Golan
Team Leader, Head of Engineering
Internal
Created by
Roei Hamani (roei.hamani@mail.huji.ac.il)
Created
2015-11-15T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)