Financials

Estimates*

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Revenues, earnings & profits over time
USD20182019202020212023
Revenues4.8m6.4m6.5m6.5m14.4m
% growth-33 %2 %--
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DateInvestorsAmountRound

N/A

Series A

$2.5m

Series B
N/A

$4.5m

Series C
N/A

$4.0m

Series D

$4.0m

Series D
N/A

$5.5m

Debt
N/A

$4.2m

Debt

$3.5m

Late VC

N/A

Late VC

$10.5m

Series E
*

$70.0m

Late VC
Total FundingAUD153m

Recent News about H2scan

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More about H2scan
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H2scan is a company that specializes in hydrogen sensing technology, providing solutions that are crucial for safe and effective operations in critical energy applications. The company's technology is particularly relevant in the growing hydrogen economy, where it can be used in a wide range of applications to make hydrogen use safer and more environmentally friendly.

The company's flagship product is the Gen 5 solid state sensor, a small form factor device that delivers real-time, high-precision hydrogen sensing. The sensor is designed to be maintenance-free for over 10 years, thanks to its auto-calibration feature and lack of consumable parts. This makes it a cost-effective and reliable solution for businesses in the energy sector.

H2scan's technology is particularly useful in detecting hydrogen leaks, which can reduce the environmental benefits of hydrogen fuel and pose safety risks. The company's sensors can be used in fuel cells and electrolyzers, helping to ensure their safe operation. Additionally, the company's technology can be used to monitor the health of transformers, helping to prevent disruptive and potentially dangerous transformer explosions.

H2scan's business model revolves around selling its hydrogen sensors to businesses in the energy sector. The company's clients include companies involved in the production and use of green hydrogen, as well as those involved in the operation of fuel cells, electrolyzers, and transformers.

In summary, H2scan is a key player in the hydrogen economy, providing vital sensing technology that helps to make the use of hydrogen safer and more environmentally friendly.

Keywords: Hydrogen sensing technology, Energy sector, Green hydrogen, Safety, Environmentally friendly, Gen 5 solid state sensor, Hydrogen leaks, Fuel cells, Electrolyzers, Transformer health.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.