Hydgen builds Anion Exchange Membrane (AEM) electrolyzer systems that marry alkaline systems’ low cost with the efficiency of Proton Exchange Membrane (PEM) units, while eliminating the need for expensive platinum-group metals. Its current modular products span 1 kW to 100 kW, and the team is now engineering a 250 kW single-stack version aimed at industrial on-site hydrogen generation. The company maintains R&D and manufacturing capabilities across India and Southeast Asia and operates a manufacturing unit in Mangaluru that is slated for an upgrade. Over the past year, Hydgen has deployed pilot projects in India, Singapore and wider Southeast Asia for industrial, research and mobility use cases. Future plans include commercial expansion to Japan, Europe and the Middle East, leveraging favorable policy environments for green hydrogen. By promoting decentralized hydrogen production, Hydgen seeks to lower logistics costs and create a more resilient supply chain. The firm has not disclosed revenue figures but positions itself at the intersection of deep-tech innovation and the emerging clean-energy market.

Total raised

$6M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2025