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Aviation

Universal Hydrogen

Universal Hydrogen raises $62M Series B at $290M valuation

2915 Red Hill Avenue, Costa Mesa, CA 92626June 22, 20241 min read
Total Raised
$62M
Valuation
$290M
Latest Round
Series B
Employees
120+

Universal Hydrogen: Series B Funding Round

Universal Hydrogen has successfully raised $62M in Series B funding, reaching a valuation of $290M.

Company Overview

Hydrogen logistics for aviation

Funding Details

The Series B round was led by Airbus Ventures, with participation from Playground Global, GE Ventures, Toyota Ventures, Fortescue Future Industries.

Company Information

  • Headquarters: 2915 Red Hill Avenue, Costa Mesa, CA 92626
  • Founded: 2020
  • Employees: 120+
  • Category: Aviation

Investment

Universal Hydrogen plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Airbus Ventures: Verified investor in Series B
  • Playground Global: Verified investor in Series B
  • GE Ventures: Verified investor in Series B
  • Toyota Ventures: Verified investor in Series B
  • Fortescue Future Industries: Verified investor in Series B

Company Info

Headquarters
2915 Red Hill Avenue, Costa Mesa, CA 92626
Founded
2020
Team Size
120+
Last Round
$62M(Jun 2024)

Investors (5)

A
Airbus VenturesLead
Lead Investor
Verified investor in Series B
P
Playground Global
Investor
Verified investor in Series B
G
GE Ventures
Investor
Verified investor in Series B
T
Toyota Ventures
Investor
Verified investor in Series B
F
Fortescue Future Industries
Investor
Verified investor in Series B

Topics

verified(3079)real-funding(3079)series-b(280)universal-hydrogenaviation2915-red-hill-avenue

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