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Modern Hydrogen
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Developer of thermionic energy converters to produce electricity with heat from any fuel source, including natural gas, biogas and green hydrogen

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector hydrogen

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Bellevue, WA Bellevue, United States
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Updated by Cleantech Group on 08/23/2023

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Date Company
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Date Partner Type
07/27/2022
NW Natural NW Natural
NW Natural will collaborate with Modern Electron to generate hydrogen from natural gas and leverage existing infrastructure using concurrent combustion methane pyrolysis.
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Confirmed by NW Natural
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IPO INFORMATION

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Date Investors Type Amount
05/11/2023 NextEra Energy NextEra Energy , Miura Private Equity Miura Private Equity , National Grid Partners (NGP) National Grid Partners (NGP) , Starlight Ventures Starlight Ventures , Gates Ventures Gates Ventures , Valo Ventures Valo Ventures , Metaplanet Metaplanet , Irongrey Irongrey (8)
Post-money valuation of
The company intends to use the funds to scale-up the capacity of its hydrogen production units, accelerate decarbonization of gas networks and support distributed production of hydrogen, expand clean carbon material offerings and boost its global market presence via the partnership with Miura in Japan.
Growth Equity $32,800,000
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