Hydrogen Production Funding Rounds
H2SITE Has Raised €42 Million to Scale Its Hydrogen Technology
Adam Harrie — June 26, 2026
H2SITE completed a second closing of its Series B funding round, bringing in the EIC Fund and a private investor and increasing total funding for its clean hydrogen technology to more than €42 million. The new capital joins earlier investments from BEV, Suma Capital and Hy24, supporting the company's transition from technology validation to large-scale industrial deployment and global commercialization.
H2SITE's membrane reactors and separators have accumulated more than 50,000 operating hours, while the company has established European manufacturing capabilities to produce and recycle thousands of palladium-based membranes annually. The EIC Fund's investment will also support an ammonia-cracking project at the Port of Antwerp aimed at building low-carbon hydrogen supply chains for hard-to-abate industrial sectors.
H2SITE's funding shows how investor confidence in hydrogen separation technologies is growing as the sector moves from pilot projects toward commercial-scale industrial deployment.
