H2SITE
Develops palladium membrane reactor systems for on-site hydrogen production and separation, enabling efficient transport of hydrogen using existing infrastructure.
- CEO / Founder
- Andrés Galnares
- Team Size
- 51-200
- Stage
- Growth Stage
- Total Funding
- $54.5M
- Latest Round
- Series B
- Key Investors
- EIC Fund; Private investor; Breakthrough Energy Ventures; Suma Capital; Hy24; Crane; Enagás Emprende; Calderion; CRPV; Engie Ventures
Technology & Products
Key Products
Membrane reactors for hydrogen production; Hydrogen separation units; Ammonia cracking systems
Technological Advantage
Proprietary thin-film palladium membrane reactor technology with proven durability (50,000+ operating hours) and ability to crack ammonia into pure hydrogen at point of use. Technology is difficult to replicate due to membrane manufacturing know-how and process control.
Differentiation
Value Proposition
Enables cost-effective hydrogen transport by cracking carriers like ammonia and methanol at point of use, eliminating high-pressure H2 transport and reducing costs.
How They Differentiate
Only company with proven membrane reactor technology at over 50,000 operating hours and scalable manufacturing in Europe, offering bankable projects vs. lab-scale demonstrations.
Market & Competition
Target Customers
Industrial users of hydrogen (refineries, ammonia producers, mobility companies)
Industry Verticals
Hydrogen; Energy; Refining; Mobility; Maritime
Competitors
Amogy; BayoTech; HyET Hydrogen
Growth & Milestones
Growth Metrics
Over 50,000 operating hours; produces thousands of palladium membranes annually; 60 employees; selected for Global Cleantech 100 2026.
Major Milestones
Inaugurated first production plant for palladium alloy membranes in Loiu; Signed strategic agreement with Petronor for refinery deployment; Completed Series B second closing with EIC Fund (over €42 million total in round); Awarded EIC Accelerator for 1 tpd ammonia cracker project at a port in North-West Europe; Appointed Javier Cavada as Chairman
Notable Customers
Petronor