October 27, 2025: HYDGEN, an onsite, on demand Hydrogen producer has secured $5 million to accelerate its plans to produce ultra-pure, cost-efficient hydrogen directly available at the point of use via its proprietary Anion Exchange Membrane (AEM) electrolyser technology.
With over 60 years of hydrogen innovation, Hydgen claims to have saved more than 12 MtCO₂e over two decades of operation. Renowned for excellence and sustainability, the firm delivers hydrogen of exceptional >99.97% purity, driving progress in the global clean energy transition.
Hydgen Targets 250 kW Industrial Electrolysers After Latest Fund Raise
Dr Manipaddy Krishna Kumar, Co-founder and COO of HYDGEN said “Many discuss hydrogen’s focus on its role in a clean energy future, but the urgent opportunity is about enabling industries to have hydrogen where and when they need it, with purity they can trust,”
He added “Our AEM electrolysers allow companies to produce hydrogen on-site at a competitive cost, solving supply chain challenges today while preparing them for the broader transition to green hydrogen in the years ahead.”
The firm’s proprietary stack designs, ranging from 1 kW to 100 kW and scaling up to 250 kW, deliver ultra-high-purity hydrogen in a low-capex, modular system that empowers industries to achieve affordable and reliable hydrogen supply on-site. The startup was founded by Dr Manipaddy Krishna Kumar, Dr Michael Gryseels, and Dr Goutam Dalapati.
“HYDGEN is the first team we’ve seen capable of scaling AEM electrolysers to true industrial levels while maintaining cost leadership. This is no longer a research initiative but a commercially ready platform serving industries already dependent on hydrogen today,” said Mohamed Shoeb Ali, Managing Partner at Transition VC.
“Decarbonisation needs solutions that are both green and practical. HYDGEN’s decentralised model makes hydrogen generation more efficient and accessible. The company plans to use the funds to upgrade its Mangalore facility to a semi-automated line, scale its single-stack capacity to 250 kW, and expand into Japan, Europe, and the Middle East, markets seeing strong policy support for industrial hydrogen,” added Khoong Hock Yun, Managing Partner at Moringa Ventures.
The deeptech company developing industrial-scale green hydrogen technology platform deploys a hybrid approach that combines elements of alkaline systems with the efficiency of proton-exchange membrane technology, while bypassing the use of platinum-group metals.
Its modular AEM electrolysers are architecture to produce high-purity hydrogen cost-effectively, enabling industries to generate hydrogen on-site and on-demand, minimising logistics-related expenses and augmenting supply reliability.
According to the company’s statement, the latest round of funding was raised in a mix of equity and debt in a round led by Transition VC, with participation from Cloudberry Pioneer Investments (Europe), Moringa Ventures (Singapore), and strategic family offices from India and Singapore.
