Loading organizations...
§ Private Profile · Singapore, Central Region, Singapore
modular AEM electrolyser systems for on-site green hydrogen production, serving chemicals, semiconductors, refining, and mobility sectors.
HYDGEN, based in Mangaluru, India, develops modular Anion Exchange Membrane (AEM) electrolyser systems for on-site, ultra-pure, green hydrogen production, serving industries such as chemicals, semiconductors, and refining. These systems range from 1 kW to 100 kW, with a 250 kW stack currently in development. In 2025, HYDGEN raised $5 million in pre-Series A funding (equity and debt mix) led by Transition VC, with Cloudberry Pioneer Investments and Moringa Ventures participating. The company has a 1 MW production capacity and over 10 commercial partnerships in more than four countries, with plans for international expansion. Founded in 2024 as a spin-off from the National University of Singapore, HYDGEN was co-founded by Dr Manipaddy Krishna Kumar, Dr Michael Gryseels, and Dr Goutam Dalapati.
Hydgen has raised $6.3M across 2 funding rounds.
Hydgen has raised $6.3M in total across 2 funding rounds.
Hydgen has raised $6.3M in total across 2 funding rounds.
Hydgen's investors include Transition VC, Cloudberry Pioneer Investments, Moringa Ventures, National University of Singapore, TK & Partners.
Hydgen has raised $6.3M across 2 funding rounds. Most recently, it raised $4.8M Other Equity in October 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 27, 2025 | $4.8M Venture Round | Transition VC | Cloudberry Pioneer Investments, Moringa Ventures | Announced |
| Feb 17, 2025 | $1.6M Seed | Cloudberry Pioneer Investments | National University OF Singapore, TK & Partners | Announced |