Problem
Climate change is our planet's existential threat
Green hydrogen is a solution to decarbonize the world, but time is not on our side. Large, industrial-scale hydrogen solutions and infrastructure take years to design and build. Our future depends on bringing green hydrogen to the SME market—driving down the costs and kickstarting widespread adoption that will ensure we and future generations have the opportunity to thrive in a healthy and flourishing world.
- High and rising cost of energy
- Slow, complex deployment and high upfront and operating costs
- Decarbonization mandates
- Need to decarbonize quickly
- Need for more renewables
- Energy security
- Exclusion of many from contributing
Solution
H2 World is empowering people to decarbonize
our world
through decentralized technology solutions.
Large scale production in Asia of wind and solar components has produced drastic and rapid cost reductions. But daily and seasonal intermittency remain a challenge.
By bringing our systems to market at scale, we can replicate those same cost reductions. Falling prices fuel a virtuous cycle of demand, helping logistics firms, municipalities, virtual power plants, food processors, farms, and more.
Our road to locally-generated hydrogen for the people starts by empowering people with The H2 World hydrogen energy microsystems.
"We see green hydrogen as the key de-carbonization solution."
-Goldman Sachs
Our microsystems
- Integrate leading hydrogen technologies into a plug-and-play turnkey solution
- Optimize energy creation and use with AI-augmented control systems
- Have a modular design for easy expansion
- Come with long-term financing options
- Complement wind and solar power
- Offer the potential to make money through energy sales and grid balancing
- Enable anyone to begin their path to decarbonization in months, not years
- Initially focus on agricultural processor and logistics firms
- Accelerate mass market adoption of hydrogen use and infrastructure
- Reduce adoption hurdles with customer financing, making our solutions easily affordable
Product
JoulePack systems
Energy and cost savings, decarbonization, and energy independence
- Our H2 + E system generates and stores energy for use/sale, either H2 or Electricity.
- Store energy longer than batteries.
- Grid integration.
- Production tax credit of $3/kg of green hydrogen lowers total costs and increases revenue.
- Containerized systems to scale from 200 kW to 5 kW; smaller units starting from 5 kW.
- Manufactured in Asia for at least 40% lower cost, greater scale, quicker deployment.
- Deploys in months, not years. Subscription-based for faster adoption.
- H2 World Cloud manages configuration, financing, maintenance, incentives, and active system monitoring.
Features and functions
Modular and Stackable Solution
- Ideal for logistics fleets, farms, and small businesses wanting energy security.
- Configure modules to the need
- Renewable Energy Management & Storage (REMS) system
- Stack standardized units for more capacity
- One Plug-n-Play configuration
Powered by Renewable Energy from the green grid and/or local solar and wind power.
Traction
Over $1M in orders for JoulePods...
... and dozens of customers in ag sector lined
up for JoulePacks (~$12M)
- Marquis customers (under NDA)
- Core team hired
- US sales channels established with order book >$10M
- Contract manufacturing in place
- Cloud services and app launched
- 6 Patents filed
Customers
Serving producer & consumer markets
—
Channels
—
Business model
Multi-channel revenue model
Key advantages of our solution
- Revenue recovery, higher energy efficiency, lower operating costs, and lower capex. Standardized components that are dropping in cost most quickly with automated manufacturing to be high volume, lowest cost
- Turnkey solution, including carbon credits and Federal Production Tax Credits ($3/kg of H2), that can be deployed in months rather than years
- HaaS subscription model from Perl Street and others enable easier buying decisions with limited upfront investment and long-term payments by customers. Buy-to-let and fractional ownership can also accelerate adoption.
- Easier carbon credit sales with secure, trusted value chain as part of The H2 World solution
- Keep electrification on track. Some European grids expect to be capacity-constrained for up to 7 years. Widespread EV adoption will make the challenges worse, driving more demand for Decentralized Energy Resources.
Market
1,500+ dairies, wineries, and food processing plants in California ($6B+ TAM)
plus more elsewhere in the US and Europe
Geographic focus: United States (first in California) | Germany | Europe
—
H2 sales markets that are
hard to decarbonize:
- Long-haul freight - 200 Billion liters/year of diesel in the US requires 50 Billion kg of hydrogen to go green. No shortage of demand for H2
- While short-haul fleets of UPS, FedEx, and others will be battery-powered, their long-haul fleets will need H2
- Decentralized H2, production builds the infrastructure for the adoption of H2, in more segments, solving the chicken and egg H2 infrastructure problem
Competition
Unifying a fragmented component industry
- Mainly component manufacturers or large-scale projects
- Few turnkey solutions
- High-cost, low scale manufacturing primarily in Europe, with long delivery times
- We aim to offer complete solutions, including turnkey plug and play systems, along with financing, services, carbon credit monetization, tax credit monetization, and monitoring. A low friction customer journey.
- High volume manufacturing keeps our costs decreasing and our margins increasing, while shortening delivery times
- Largest electrolyzer manufacturer, John Cockerill, focused on 6 MW units or larger, focused on utility sector only, while we focus on specific verticals - agricultural processors and logistics.
Hydrogen landscape
- Large players are focused on industrial projects, not small decentralized installations
- Significant competition in components, which benefits us as a customer
- Packaging with financing, easy installation, and support will be key
- Differentiation from others through sizing channels, financing, ease of use, design, and financial returns
Vision and strategy
Our focus in the hydrogen economy
Key objectives for funding
- Ten pre-production installations operating to specification
- Core team expanded
- Clear manufacturing cost structure and downward trajectory
- Industrial design, component suppliers & contract assembly set
- Cloud services operating
- Sales channels established in US & Europe with sales pipeline with at least 10 signed customers
- Customer financing partners signed
- US Dept of Energy Title 17 $100M loan application
- Ready for major funding
Impact
We need everyone's help to get Net Zero on greenhouse gases
Funding
Adding to oversubscribed $6.3M seed round $5M from institutional investor, and balance from angels and founders.
Funds focused on team build, pre-production units, patenting, marketing & sales, and volume production factory setup.
Founders
Mission-driven team for decarbonization
Mike Strizki
Founder & Chief Scientist
Hydrogen pioneer—built the first hydrogen-power home ecosystems in the world, and has numerous firsts with hydrogen-powered motorcycles, cars, energy backup systems, snowmobiles, golf carts, lawnmowers, barbeques, and home refueling systems. He has advised Volkswagen, Mercedes, Ford, GM, Hyundai, and other automobile companies and worked with PlugPower, Ballard, NEL, Enapter, Altergy, Electrolab, Bloom, Siemens, and many others in the H2 space.
- Hydrogen generation and fuel cells: 30+ years of experience, designing, building, integrating, testing, and operating.
- Hydrogen homes: his own, Johnny Depp's, and several others.
- Hydrogen cars: Hyperion, New Jersey Venturer, Genesis
- Automobile companies: Volkswagen, Mercedes, Ford, GM, Hyundai, Toyota | Advisory
- Hydrogen companies: PlugPower, NEL, Ballard, Enapter, Proton, Altergy, Kilowatt Labs, Bloom, Cummins | Advisory
- Hydrogen refueling stations: 10 automotive/bus and 1 truck stop | Designing & building
- SME's: Solar to hydrogen home unit, refueling stations, warehouses, vehicles | Designing and building
- Standards Bodies: US Department of Energy, New Jersey Department of Transportation, Society of Automotive Engineers, Transportation Research Boards
David Topolewski
Co-founder & CEO
Serial tech entrepreneur—first with video games, then speech tech, edtech, and B2b Al SaaS business. Former investment banker. Yale, Wharton.
Michael Bedner
Co-founder & President, Industrial Design
Designed factory-built cleantech homes. Installing California's first home hydrogen system in Malibu. Founded world's largest hospitality design firm, HBA, with 24 offices, over 1,600 design staff, and designed thousands of hotels in over 75 countries.
Summary
Join us
A message from Co-Founder David Topolewski
Through our hydrogen systems, we are driving the transition to sustainability, while saving money and increasing energy security and independence. Our turnkey solutions are easy to deploy quickly and will provide reliable power and returns for decades.
We have advanced technologies and unmatched experience in deployment.
We have a massive pipeline in the agricultural vertical, with large adjacent market segments.
We have a low-cost supply chain, with tremendous scalability.
We plan to be a significant part of the $5 Trillion green hydrogen industry.
Join us on the mission to make the world a better place, while delivering great returns to our stakeholders.
—David Topolewski