Fuel Cell Firm Umagine Hydrogen Secures $850,000 Seed Funding

The funding will be utilized to build a gigawatt-scale factory for hydrogen fuel cells

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Hydrogen fuel cell manufacturer Umagine Hydrogen has secured $850,000 (~₹74.78 million) funding in a seed round from Venture Catalysts.

Apart from Venture Catalysts, the funding saw participation from Faad Networks.

The funding will be utilized to build a gigawatt-scale factory dedicated to hydrogen fuel cells.

Umagine also aims to replace diesel generators across telecom towers, data-centers, remote micro-grids, and defense outposts, and provide long-duration energy storage solutions.

Santosh Gurunath, CEO and Co-Founder at Umagine Hydrogen, stated that the company will intensify its efforts to deploy hydrogen fuel cells across various applications, aiming to render diesel generators obsolete within a few years.

Umagine Hydrogen designs and manufactures fuel cell systems ranging from sub-kilowatt modules for defense equipment to multi-megawatt blocks for grid-scale, long-duration storage.

Apoorva Ranjan Sharma, Co-founder at Venture Catalysts, said that Umagine Hydrogen’s 100% indigenous technology converts green hydrogen into electricity while emitting nothing but water, giving businesses the reliability of diesel without the carbon, the noise, or the particulate pollution.

Umagine Hydrogen’s proprietary system architecture allows customers to integrate hydrogen, battery, and solar assets in a plug-and-play fashion, slashing installation times and total cost of ownership.

In July 2025, the Ministry of New and Renewable Energy (MNRE) issued the second call for Research and Development (R&D) proposals under the National Green Hydrogen Mission. The R&D program aims to accelerate the development of indigenous and cost-effective green hydrogen technologies across the production, storage, transportation, and utilization segments.

Earlier this year, the government of India launched five pilot projects under the National Green Hydrogen Mission to introduce hydrogen-fueled buses and trucks. These projects involve 37 hydrogen-powered vehicles and nine hydrogen refueling stations. The vehicles comprise 15 hydrogen fuel cell-based vehicles and 22 hydrogen internal combustion engine-based vehicles.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS