50 Best Fuel Cell Companies to Watch in 2026

The most prominent fuel cell companies ranked by global prominence, funding activity, and market position. Showing the top 50 out of 150 companies tracked on Fsome.

150
Total Companies
$18.0B
Total Funding
$119.9M
Avg Funding
Beijing
Top Location
# Company Location Employees Total Funding Last Round Last Funded
1
Bloom Energy
Bloom Energy offers on-site power generation systems that can use a wide variety…
Sunnyvale 1K - 5K $5.4B Post Ipo Debt 2025-12-19
2
Plug Power
Plug Power is a provider of clean hydrogen and zero-emission fuel cell solution…
Latham 1K - 5K $9.0B Post Ipo Debt 2025-11-18
3
Advent Technologies
Advent Technologies is an innovation-driven company in the fuel cell and hydroge…
Boston 51 - 100 $107.8M Grant 2025-03-11
4
HyWatts
Power-Plant-in-a-Box for EV, Data Centers | Green Energy Everywhere
Berkeley 11 - 50 $2.9M Pre Seed 2024-07-01
5
Varea Energy
Decarbonizing the Heavy Industry and Electricity Space by Pioneering Hydrogen as…
Houston 1 - 10 $500K Pre Seed 2023-07-10
6
XENDEE Corporation
XENDEE develops advanced software for financial & technical optimization and ope…
San Diego 11 - 50 $23.0M Series B 2025-09-08
7
Neology
Ammonia for Clean Energy - Driving Clean, Sustainable Off-Grid Power Solution
Lutry 1 - 10 $3.0M Seed 2025-10-14
8
MicroEra Power
Resilient, efficient Thermal Energy Storage for C&I buildings
Rochester 11 - 50 $933K Non Equity Assistance 2026-03-25
9
Ionomr
Ionomr makes Aemion™ & Pemion™, next-gen ion-exchange materials for breakthrough…
Vancouver 51 - 100 $50.3M Series Unknown 2024-10-03
10
INERGIO
INERGIO is a reliable power power supply yet is a challenge to off-grid systems.
Lausanne 11 - 50 $3.7M Grant 2025-09-01
11
Elcogen
Elcogen is a manufacturer of clean energy technology that delivers affordable gr…
Tallinn 101 - 250 $145.0M Series Unknown 2025-01-16
12
Blue World Technologies
Blue World Technologies is a fuel cell manufacturer especially in methanol fuel …
Aalborg 101 - 250 $73.7M Series C 2023-12-05
13
Versogen
Versogen develops electrolyzer technology for water and renewable energy to prod…
Wilmington 11 - 50 $14.5M Series A 2022-05-10
14
Bramble Energy
Bramble Energy is an innovator energy technology company that designs and manufa…
London 51 - 100 $73.8M Grant 2023-05-09
15
BeFC Bioenzymatic Fuel Cells
BeFC Bioenzymatic Fuel Cells provide eco-friendly paper-based bio-enzymatic fuel…
Grenoble 11 - 50 $20.7M Series A 2023-06-08
16
Weishi Energy
Weishi Energy is a sustainable energy company engaged in the research and develo…
Baoding 51 - 100 $219.7M Series C 2025-07-24
17
Independence Hydrogen
Independence Hydrogen is a veteran-owned and operated supplier of gaseous hydrog…
Ashburn 11 - 50 $30.0M Corporate Round 2025-07-10
18
HyPoint
HyPoint is a provider of a hydrogen fuel cell system for air transportation mark…
Menlo Park 51 - 100 $5.5M Convertible Note 2022-03-04
19
SunGreenH2
SunGreenH2 is a deep cleantech company making electrolysers produce 2x green hyd…
Singapore 11 - 50 $4.5M Seed 2025-07-31
20
PowerUP Fuel Cells OÜ
PowerUP produces reliable hydrogen fuel cell generators, boosting societal resil…
Tallinn 11 - 50 $11.6M Series A 2024-04-01
21
1s1 Energy
1s1 Energy is developing material technology for PEM water electrolysis systems …
Portola Valley 1 - 10 $6.5M Seed 2024-10-15
22
BTE
BTE is an energy company that provides carbon-neutral energy recycling solutions…
Gyeongju 11 - 50 $6.8M Series Unknown 2024-05-24
23
Nuvera Fuel Cells
Nuvera Fuel Cells is a provider of fuel cell power solutions for motive applicat…
Billerica 101 - 250 $30.1M Grant 2024-03-13
24
NanoScent
Making Scent Readable. Scent recognition technology for industrial applications.…
Misgav 11 - 50 $13.6M Convertible Note 2023-07-12
25
Minerva Carbon
Pioneering next-gen carbon materials to power the future of energy and mobility.
M├╝lheim An Der Ruhr 1 - 10 $2.1M Grant 2025-06-20
26
Reliefed Technologies
3D technology enabler for new energy and serial/mass production volumes
Varberg 1 - 10 $8.6M Series Unknown 2022-06-15
27
GaltTec
GaltTec focuses on developing and marketing microtubular solid oxide fuel cells.
Tartu 1 - 10 $1.0M Grant 2025-02-28
28
Ballard Power Systems
Ballard Power Systems develops and sells hydrogen fuel cell products.
Burnaby 1K - 5K $1.3B Grant 2024-04-01
29
Combined Energies
Combined Energies is an early-stage startup commercializing residential-scale po…
Latham 1 - 10 $1.7M Debt Financing 2023-03-28
30
Genevos
Genevos specializes in integrating hydrogen and fuel cell systems in the maritim…
Lagord 11 - 50 $2.7M Seed 2024-01-18
31
Pacific Northwest Hydrogen Association
Pacific Northwest Hydrogen Association aims to enhance lives by establishing a c…
Seattle 1 - 10 $27.5M Grant 2024-07-24
32
Ceres Power
Ceres Power Holdings PLC is a world leading developer of low cost, next generati…
Horsham 501 - 1K $307.3M Grant 2023-02-15
33
ShipTown
ShipTown is a green energy company with a vision to make green energy affordable…
Fredericia 1 - 10 $771K Seed 2025-11-24
34
Stellar Aircraft
Aviation, Hydrogen, Regional Mobility
Westport 101 - 250 $3.0M Pre Seed 2021-01-03
35
Hydrogen Technology
Hydrogen Technology focuses on the research and development and industrializatio…
Hangzhou $31.1M Series Unknown 2023-04-04
36
Lookin Inc.
Lookin develops terahertz scanners for high-throughput and high-sensitivity mate…
Los Angeles 1 - 10 $4.9M Grant 2024-08-26
37
Yongtai High-tech Materials
Yongtai High-tech Materials is a researcher, manufacturer, wholesaler and retail…
Shaowu 101 - 250 $101.4M Series Unknown 2021-11-16
38
Altex Technologies
Altex Technologies provides fuels processing and fuel cell power systems, low em…
San Jose 11 - 50 $2.3M Grant 2024-08-26
39
Kunhua Technology
Kunhua Technology specializes in the development of fuel cell technology and pro…
Jiading 11 - 50 $13.8M Series B 2023-07-03
40
Emission Free Generators
EFG is an innovative change in the portable generator and independent energy mar…
San Diego 1 - 10 $20K Pre Seed 2025-09-08
41
Xinyuan Power
Xinyuan Power Hebei Company is a hydrogen fuel cell and hydrogen energy company.
Handan 101 - 250 $70.2M Series Unknown 2024-10-17
42
New Flyer Industries
New Flyer Industries is the manufacturer of heavy-duty buses in the U.S. and Can…
Winnipeg 1K - 5K $351.1M Post Ipo Debt 2021-12-02
43
True Zero
True Zero is revolutionizing clean, efficient automotive transportation
Irvine 11 - 50 $26.6M Grant 2017-11-14
44
Hypermotive
Hypermotive delivers electrical integration engineering, manufacturing, battery,…
Lutterworth 1 - 10 $213K Grant 2023-05-11
45
Aten Solar Energy
Aten Solar Energy purchases, stores and delivers high-quality Tier I solar modul…
Cliffwood 1 - 10 $15.8M Debt Financing 2017-10-01
46
ULTIMATE RECYCLER by Kashong LLC
ULTIMATE RECYCLER eliminates garbage landfills, forever, everywhere.
Elmira 11 - 50 $2.4M Seed 2021-10-25
47
TerraLIX
TerraLIX is a manufacturer of fuel cell products.
Dongan 51 - 100 $12.3M Series B 2022-04-21
48
Cemt
Edelman is a hydrogen fuel cell manufacturing company which provides vehicle pow…
Jiashan 501 - 1K $15.5M Series B 2021-12-22
49
AZANE Fuel Solutions
AZANE Fuel Solutions develop and deliver bunkering solutions for ammonia fuel, e…
Sandefjord 1 - 10 $5.7M Series A 2023-10-25
50
Intelligent Energy
Intelligent Energy is a clean power systems company offering fuel cell and hydro…
Loughborough 501 - 1K $206.2M Grant 2025-06-17