24M Technologies vs Electric Hydrogen
Side-by-side comparison of AI visibility scores, market position, and capabilities
24M Technologies developed the SemiSolid™ lithium-ion battery platform; raised $87M Series H in Sep 2024 at $1.3B valuation ($500M+ total); 100 MWh Thailand plant live; licensed to Kyocera, Asahi Kasei, and global OEMs;
About
24M Technologies is a Cambridge, Massachusetts-based battery technology company that developed SemiSolid™ — a novel electrode manufacturing process that replaces traditional solvent-based slurry coating (requiring toxic NMP chemical and energy-intensive drying ovens) with a semi-solid, binder-free paste that is directly coated and dried without solvents. The result is thicker, denser electrodes with higher energy density, lower manufacturing cost, and reduced environmental impact. The process eliminates approximately 80% of the steps in conventional lithium-ion battery manufacturing.
Electric Hydrogen designs and manufactures 100MW+ industrial electrolyzer systems for green hydrogen production at scale; raised $380M in funding including a $200M Series C in 2023;
About
Electric Hydrogen is a Natick, Massachusetts-based clean energy company founded in 2020 by Raffi Garabedian (former CEO of First Solar) and David Eaglesham. The company designs and manufactures large-scale industrial electrolyzers — systems that use electricity to split water into hydrogen and oxygen — intended to produce green hydrogen at the cost and scale required to decarbonize heavy industries. Electric Hydrogen's core product is a 100MW electrolyzer plant that represents one of the largest single electrolyzer systems commercially available, designed for industrial customers in steel, ammonia, chemicals, and fuel production who need hydrogen at massive volumes.
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