Hgen is a Los Angeles-area climate-tech company building higher-efficiency alkaline electrolyzers that convert water and renewable electricity into clean, low-cost hydrogen for heavy industry. Founded in 2021 by former Tesla and SpaceX engineers, Hgen redesigned the electrolyzer cell to shed hydrogen bubbles faster, claiming roughly 20x higher power density and a much smaller footprint than conventional alkaline systems. The company packages its technology into shipping-container-sized units that need only water and electricity, aiming to undercut the cost of trucked-in liquid hydrogen and help decarbonize chemicals, steel, and other industrial processes.
Molly Yang is the co-founder and CEO of Hgen, a Los Angeles climate-tech company building modular, mass-manufacturable alkaline electrolyzers to make clean hydrogen cheap enough for heavy industry. A former energy product lead at Tesla, she teamed up with childhood friend and ex-SpaceX engineer Colin Ho to shrink the electrolyzer roughly twentyfold and package it into shipping containers that need only water and electricity. Hgen has raised $7M total from Founders Fund, Seven Seven Six, and Fontinalis Partners, and Yang was named a 2022 Breakthrough Energy Fellow.
Terry Kennon is a chemical engineer turned investment banker turned clean-energy builder who serves as Executive Vice President and Chief Technology Officer of Proteum Energy in Phoenix, Arizona. He took on the President role in March 2019 after roughly four years as CTO. With more than 30 years across chemical engineering, biofuels investment banking at J.P. Morgan, and renewable-energy entrepreneurship, Kennon now leads Proteum's patented technology that reforms renewable ethanol into low-cost, low-carbon hydrogen and 'designer fuels' - and turns wasted flare gas into usable product. He is a named inventor on the company's core patents and directs both its technology roadmap and its intellectual-property strategy.
Molten Industries is an Oakland, California climate-hardware startup that uses methane pyrolysis to crack natural gas into clean hydrogen and high-value synthetic graphite, with no carbon dioxide emitted in the process. Founded in 2021 by Dr. Caleb Boyd and Dr. Kevin Bush, the company aims to onshore battery supply chains and decarbonize heavy industry by producing battery-grade graphite for lithium-ion cells and low-cost clean hydrogen for fuels, ammonia, plastics, and green steel. It raised a $25M Series A in June 2024 led by Breakthrough Energy Ventures to build its first modular commercial reactor.
Mote is a Los Angeles-based climate-tech company that turns woody waste biomass into clean biohydrogen while permanently sequestering the carbon. Using a biomass carbon removal and storage (BiCRS) process spun out of Lawrence Livermore National Laboratory, Mote pairs energy production with carbon removal: each utility-scale plant is designed to produce roughly 60 tons of carbon-negative hydrogen per day while removing on the order of 450,000 tons of CO2 a year. The company is developing its first commercial facility near Bakersfield in California's Kern County and a second project in Northern California with the Sacramento Municipal Utility District.
Kevin Bush is the co-founder and CEO of Molten Industries, an Oakland-based deep tech company using methane pyrolysis to crack natural gas into clean hydrogen and battery-grade synthetic graphite. A Stanford-trained materials scientist who set perovskite solar efficiency records before co-founding Swift Solar, Bush is a Breakthrough Energy Fellow and Forbes 30 Under 30 honoree. He started Molten in a Stanford garage in 2021 and raised a $25M Series A in 2024 to build its first modular commercial reactor.
Parker Meeks is the President and CEO of Utility Global, a Houston-based clean-energy company commercializing H2Gen, a system that makes low-cost clean hydrogen on-site from industrial waste gases without electrolysis. A Houston native and electrical engineer turned McKinsey partner, he previously led hydrogen fuel-cell maker Hyzon as CEO. At Utility he is steering the company from demonstration into global commercialization, including a first commercial-scale steel project with ArcelorMittal in Brazil.
Utility Global is a Houston-based clean-energy technology company whose proprietary eXERO platform and H2Gen system produce high-purity hydrogen and a capture-ready CO2 stream from industrial off-gases and biogases - without using external electricity. By bolting onto the existing infrastructure of steel mills, refineries, petrochemical plants and other hard-to-abate sites, the company aims to make industrial decarbonization economically competitive with fossil-based hydrogen rather than dependent on subsidies or pilots.