Hgen, based in Hawthorne, California, has recently announced the successful closure of a $5M seed financing round to further develop its clean hydrogen technology for heavy industry decarbonization. The funding round was led by Seven Seven Six, with participation from Founders Fund and Fontinalis Partners. Hgen's primary goal is to disrupt the fossil-fuel derived hydrogen market by producing clean hydrogen from water and electricity using alkaline electrolyzer technology. This approach aims to address the $100B+ industrial hydrogen market's decarbonization needs more efficiently and cost-effectively. The company has developed alkaline electrolyzers with significantly higher volumetric power density compared to traditional models, resulting in a more compact system that can generate the same amount of hydrogen. This achievement is made possible by Hgen's hydrogen-generating cells, known for their 9% efficiency boost and 6x thinner profile compared to standard alkaline cells. These innovations translate into a more space-efficient and economical electrolyzer solution. Hgen's CEO, Molly Yang, highlighted the company's focus on streamlined electrolyzer installations to avoid custom design and on-site construction, reducing project costs significantly. The company already boasts successful technology scaling, transitioning from a benchtop prototype to an industrial-scale demonstration at its Hawthorne facility. Hgen is now poised to deploy its advanced technology at customer sites, backed by the expertise of former SpaceX and Tesla team members. The positive reception of Hgen's technology by investors like Seven Seven Six and the acknowledgment of its superior performance indicate a promising future for the company in the clean hydrogen market. With a commitment to decarbonize heavy industry processes such as chemicals and steel production, Hgen is making strides towards a more sustainable industrial future.