Hydgen has secured a $5 million investment to scale its innovative AEM electrolyzer technology, poised to transform the hydrogen production landscape.

Information on the Target

Hydgen, a spin-off from the National University of Singapore, is at the forefront of revolutionizing the hydrogen production industry. They are pioneering industrial-scale Anion Exchange Membrane (AEM) electrolyzers that provide an innovative solution for producing ultra-pure hydrogen efficiently and affordably. Their technology stands out with its lowest unit costs in the industry, leveraging proprietary catalysts and advanced stack designs to deliver hydrogen that meets the demanding standards of industries such as chemicals, semiconductors, and refining.

Hydgen's electrolyzers are designed for scalability, producing systems ranging from 1 kW to 100 kW, with 250 kW stacks currently in development. This versatility enables Hydgen to address the challenges faced by industries relying on traditional hydrogen delivery methods, which often inflate costs by up to 70% and struggle to meet ultra-high purity requirements.

Industry Overview in Target’s Specific Country

The hydrogen market is gaining momentum globally, currently valued at approximately US$260 billion. However, the infrastructure supporting hydrogen delivery remains outdated, causing significant inefficiencies. Many industries, including chemicals, semiconductors,