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- LONGi Hydrogen Energy
LONGi Hydrogen Energy Valuation, Funding & Investors
LONGi Hydrogen Energy is valued at $1.4B as of July 2024.
Last LONGi Hydrogen Energy valuation
$1.4B
Series A · Jul 2024
Last LONGi Hydrogen Energy funding round
$138M
Series A · Jul 2024
Cumulative funding LONGi Hydrogen Energy raised
$138M
across 1 funding round
Key investors in LONGi Hydrogen Energy
Yonghua Capital
GF Xinde Investment Management
Hidden Hill Capital
Rosefinch Investment
Shaanxi Capital Fund
Xuqiangrui Clean Energy
About LONGi Hydrogen Energy
LONGi Hydrogen Energy, part of the LONGi Green Energy Technology group, is a China-headquartered provider of large-scale green hydrogen production equipment and comprehensive solutions for energy transition projects.
Founded
2000
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Services
Valuation
$1.4B (Jul 2024)
Sectors
LONGi Hydrogen Energy Valuation
LONGi Hydrogen Energy is currently valued at $1.4B, based on its Series A in July 2024.
The $138M round included Xuqiangrui Clean Energy, Hidden Hill Capital, Shaanxi Capital Fund, Rosefinch Investment, Yonghua Capital and 1 other investor.
LONGi Hydrogen Energy valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2024 | Series A | $1.4B |
LONGi Hydrogen Energy Funding History
LONGi Hydrogen Energy has raised a total of $138M across 1 funding round.
LONGi Hydrogen Energy funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2024 | Series A | Xuqiangrui Clean Energy; Hidden Hill Capital; Shaanxi Capital Fund; Rosefinch Investment; Yonghua Capital; GF Xinde Investment Management | $138M | $1.4B | LONGi Hydrogen Energy, a subsidiary of LONGi Green Energy Technology focused on green hydrogen production via water electrolysis equipment, secured funding from investors including Rosefinch Investment, GF Xinde Investment Management, Hidden Hill Capital, Shaanxi Capital Fund, Xuqiangrui Clean Energy, and Yonghua Capital. The round occurred around June 2024, with a reported pre-investment valuation of nearly RMB10 billion (approximately $1.38 billion), though the exact amount raised was not disclosed in sources; a separate source mentioned $137.9 million raised for expansion and R&D in hydrogen technologies. The company specializes in alkaline electrolyzers (ALK), positioning itself as the world's largest ALK electrolyzer manufacturer, with products like the ALK G Series launched in September 2023, featuring large-scale units up to 3,000 Nm³/h capacity, low power consumption of 4.3-4.5 kWh/Nm³, and high hydrogen purity of 99.999%. A pilot project at a Qinhuangdao steel plant integrates two such electrolyzers into blast furnace operations, using renewable energy and tail gas to produce green hydrogen, achieving 8-11% CO₂ emission reductions and demonstrating CapEx and footprint savings of 10% and 20% versus smaller units. LONGi Hydrogen has over 500 MW of global project experience and is advancing international partnerships, including a December 2024 investment agreement with HydrogenPro ASA alongside ANDRITZ and Mitsubishi Heavy Industries for NOK 140 million to develop green hydrogen projects worldwide. This supports synergies in engineering, supply chain, and customer service. Parent LONGi Green Energy reported CNY 82.582 billion revenue in 2024 across solar and hydrogen segments but swung to a loss due to industry imbalances; no specific revenue, ARR, or EBITDA figures for LONGi Hydrogen near the round date. |
Who has invested in LONGi Hydrogen Energy?
6 investors have backed LONGi Hydrogen Energy across its funding rounds, including Yonghua Capital, GF Xinde Investment Management, Hidden Hill Capital, Rosefinch Investment, Shaanxi Capital Fund and Xuqiangrui Clean Energy.
LONGi Hydrogen Energy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jul 2024 | ||
This data is available for Pro users. Sign up to see all 6 LONGi Hydrogen Energy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialLONGi Hydrogen Energy Competitors
LONGi Hydrogen Energy competitors include listed companies like CropEnergies, Premier Energy, REX American Resources and Romande Energie, and private ones like Yuze Semiconductor and Arcadia.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Publicly listed | $5M | ($41M) | $1.4B | 1.1x | ||
| Publicly listed | $2B | $193M | $1.5B | 0.9x | ||
| Publicly listed | $650M | $97M | $1.4B | 1.8x | ||
| Publicly listed | $960M | $231M | $1.5B | 1.9x | ||
| Private | - | - | $1.5B | - |
LONGi Hydrogen Energy Public Comps
LONGi Hydrogen Energy is still privately-owned, but its public comps include CropEnergies, Premier Energy, REX American Resources, Romande Energie, Econergy, Birlesim Grup Enerji, Minera Valparaiso, CS Wind, Tamboran Resources and Inox Wind.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $5M | ($41M) | 270.8x | 1.1x | (35.0x) | 12.2x | |||
| $2B | $193M | 0.9x | 0.9x | 9.2x | 9.2x | |||
| $650M | $97M | 1.8x | 1.8x | 11.9x | - | |||
| $960M | $231M | 1.9x | 1.9x | 7.9x | 9.4x | |||
| $11M | ($64M) | 205.8x | - | (34.8x) | - | |||
| $31M | $15M | 50.6x | - | 103.3x | - | |||
| $1.6B | $630M | 3.2x | - | 8.1x | - | |||
| $2.1B | $205M | 1.0x | 1.1x | 10.6x | 6.7x | |||
This data is available for Pro users. Sign up to see all LONGi Hydrogen Energy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about LONGi Hydrogen Energy
| When was LONGi Hydrogen Energy founded? | LONGi Hydrogen Energy was founded in 2000. |
| Where is LONGi Hydrogen Energy headquartered? | LONGi Hydrogen Energy is headquartered in Xi'an, China. |
| Is LONGi Hydrogen Energy publicly listed? | No, LONGi Hydrogen Energy is a private, VC-backed company. |
| What is LONGi Hydrogen Energy's valuation? | LONGi Hydrogen Energy was last valued at $1.4B in its Series A in July 2024. |
| How much funding has LONGi Hydrogen Energy raised? | LONGi Hydrogen Energy has raised $138M across 1 funding round. |
| What was LONGi Hydrogen Energy's last funding round? | LONGi Hydrogen Energy's last funding round was a $138M Series A in July 2024. |
| Who are LONGi Hydrogen Energy's investors? | LONGi Hydrogen Energy's investors include Xuqiangrui Clean Energy, Hidden Hill Capital, Shaanxi Capital Fund, Rosefinch Investment, Yonghua Capital and GF Xinde Investment Management. |
| Which companies are comparable to LONGi Hydrogen Energy? | Companies comparable to LONGi Hydrogen Energy include Yuze Semiconductor, CropEnergies, Premier Energy, REX American Resources, Romande Energie and Arcadia. |
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