Company · Energy & Climate

H2B2 Electrolysis Technologies

www.h2b2.es ↗ ·Sevilla ·Other

H2B2 Electrolysis Technologies is a Seville-based green hydrogen company that designs and manufactures PEM (proton exchange membrane) water electrolyzers. It also develops, finances, builds, operates and maintains renewable hydrogen production plants, and sells hydrogen to industrial and mobility customers. Founded in 2016, it operates in Spain, the United States and India. Its projects include SoHyCal in Fresno, California, which it describes as North America's first operational green hydrogen plant, the HY.Kiel project in Germany and a demonstration plant in Jerez. In December 2021 the Basque investment group Tekpolio invested $10 million and took a board seat. A planned Nasdaq listing through a merger with RMG Acquisition Corp. III was later abandoned, and the company then launched a €30 million capital raise. Revenue was €4.2 million in 2024, down from €13 million in 2023.

Founded
2016
Founders
4
News
7
Rounds
1
Investors
1
SectorsGreen Hydrogen, Electrolyzers, Clean Energy, Industrial Decarbonisation Start-up MapEnergy & Climate

Profile updated 24 Sep 2026

Founders

Anselmo Andrade
Founding Partner & Chief Executive Officer
—
Blanca Benjumea
Founding Partner, Chief Financial Officer & HR Manager
—
Felipe Benjumea
Founding Partner, Chief Investment Officer & Project Development Manager
—
Javier Brey
Founder, Chief Technology Officer & H2B2 Labs Manager
—

Global models

No comparables on record yet.

Investors 1

Tekpolio
Investor Spain

Funding rounds 1

Other · €8.8M
H2B2, a Seville maker of electrolysers for green hydrogen, received an €8.8M (about $10M) investment from the Basque investment group Tekpol…
2021-12-16

News & media 7

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