HydroXpand

HydroXpand is a deep-tech startup that lowers the cost of clean hydrogen production using Anion Exchange Membrane (AEM) water electrolysis technology.

The company was founded by three co-founders from KAIST's Department of Biological and Chemical Engineering, and designs and manufactures core technologies in-house — from electrodes and membranes to stacks and systems.                                

■ Funding History (Cumulative: KRW 2 billion)

1. Seed (December 2023) — KRW 500M | Investor: FuturePlay
2. Pre-A (April 2025) — KRW 1.5B | Investors: Korea Investment Accelerator, Company K Partners, IBK Capital                                                                                                                                 

■ Key Achievements

• Grand Prize (Presidential Award) — Challenge! K-Startup 2025 Startup League
• Grand Prize — Chung Ju-yung Startup Competition 2025 Climate Tech Track                                            
• Orders secured from 38 domestic and international institutions; customers in 8+ countries                          
• Selected for LG Super Start Incubator 3rd Cohort                                                                   
•   - MOU signed with Dongah Chemical for joint AEM water electrolysis system development                                

■ Contact

For IR material requests, please reach out via email:

info@hydroxpand.com