| Founded | 2020 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Cleantech |
| Collapse type | Sudden Collapse |
| Founder | David Perry, Raffi Garabedian |
Electric Hydrogen
"A $380M green hydrogen bet ended when institutional capital fled the sector entirely."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Electric Hydrogen raised $380M from Breakthrough Energy Ventures, Amazon Climate Pledge Fund, and Fifth Wall to build gigawatt-scale PEM electrolyzers for green hydrogen production.
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