HYDGEN, a Singapore- and India-based deeptech company, has raised US$5 million in Pre-Series A funding to accelerate industrial-scale production of green hydrogen. The investment supports its mission to make ultra-pure, low-cost hydrogen accessible directly at manufacturing sites, eliminating dependence on traditional delivery networks.

The round, led by Transition Venture Capital with participation from Cloudberry Pioneer Investments, Moringa Ventures, and strategic investors, will help HYDGEN expand its Mangalore facility and strengthen operations across Asia, Europe, and the Middle East.

Hydrogen is essential for refineries, semiconductors, and manufacturing, yet current supply models rely on pressurised cylinders and trucks—raising costs and carbon emissions. HYDGEN’s decentralised approach uses its proprietary Anion Exchange Membrane (AEM) electrolyser technology to produce hydrogen where it is consumed, cutting logistics costs by up to US$3 per kilogram while ensuring consistent purity standards.

The AEM system merges the affordability of alkaline electrolysis with the performance of Proton Exchange Membrane technology but avoids the costly metals typical of PEM systems. Its modular stacks range from 1 kW to 100 kW, with 250 kW designs in development, giving manufacturers flexible options for scaling.

Investors believe the company is bridging the gap between research and commercial deployment. Early projects in Singapore, India, and Southeast Asia have already validated the technology’s readiness, offering industries a practical pathway to lower emissions without waiting for large-scale hydrogen infrastructure.

HYDGEN plans to use the new capital to expand stack production, automate assembly, and increase manufacturing capacity. The company’s decentralised model aligns with rising policy support for hydrogen adoption under India’s National Green Hydrogen Mission and Europe’s clean energy incentives.

Explore how HYDGEN’s innovation is redefining industrial hydrogen supply in Asia and beyond in the full article.