Phoenix Hydrogen Company Information

Phoenix Hydrogen, headquartered in Berkeley, CA, with remote operations, is an industrial company in the energy sector. With a small team of two, the company is part of the Y-Combinator W22 batch and has raised a pre-seed round of $2M, backed by Climate Capital, Liquid2 Ventures, the Shared Future Fund, Soma Capital, and Y Combinator. Since the start of the year, Phoenix Hydrogen has expanded its team by adding five part-time and full-time contributors in design, engineering, project development, and analysis roles. The company focuses on developing high-volume, low-cost hydrogen hubs in collaboration with leading energy companies and offers a platform for hydrogen marketplace and hub formation. Additionally, Phoenix Hydrogen provides geological storage solutions for hydrogen and aims to unlock grid-scale hydrogen to facilitate the replacement of fossil fuels with renewable energy. The company has announced its governance board membership in SHINe, a leading DOE H2Hubs consortium. Major developers are leasing at an undisclosed first site to accelerate development timelines and reduce costs, benefiting from proven water, solar and wind resources, transmission, and low-cost hydrogen storage amenities.

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