Aviation

Universal Hydrogen

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

$62M
Total Raised
Series B
Latest Round
2020
Founded
120+
Employees
2915 Red Hill Avenue, Costa Mesa, CA 92626
1 min read

Quick Facts

Valuation
$290M
Latest Round Size
$62M
Latest Round Date
June 2024

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

Key Investors

Airbus Ventures
Lead Investor
Verified investor in Series B
Playground Global
Investor
Verified investor in Series B
GE Ventures
Investor
Verified investor in Series B
Toyota Ventures
Investor
Verified investor in Series B
Fortescue Future Industries
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources