Hydrologiq is pleased to announce the successful closure of a pre-seed equity funding round. This investment was led by Veridian Ventures and supported by Growthdeck, investors committed to supporting innovative technologies that drive energy security and environmental sustainability.

Aran Bates, Hydrologiq CEO, said:

“Hydrogen adoption at scale requires more than just great technology — it needs a strong ecosystem, reliable infrastructure, and industry collaboration. With the backing of our new investors, we’re in a stronger position to accelerate the deployment of hydrogen-powered solutions and help businesses move away from diesel. Their investment validates our approach and brings us closer to a future where clean off-grid energy is the norm, not the exception.”

Funds raised from Veridian Ventures, Growthdeck, and angel investors

The funds raised in this round will be utilized to expand Hydrologiq's operations, enhance its technology platform, and accelerate the deployment of hydrogen-powered machinery across construction, festivals, events, and filmsets. This strategic investment underscores the trust that Veridian Ventures, Growthdeck, and expert angel investors have in Hydrologiq's vision and the potential of hydrogen as a key component in the transition to a low-carbon economy.

In a show of confidence in Hydrologiq's traction so far, UK venture capital firm Britbots and other existing investors added to their shareholding in this round. In total, this investment marks a significant milestone in Hydrologiq's journey to revolutionize off-grid power generation and contributes to the broader goal of achieving a net-zero future.

Simon Emary, Growthdeck Head of Portfolio, says:

“Hydrologiq has achieved a unique market position – providing a much-needed and safe end-to-end solution that integrates a fragmented, complex and regulated supply chain.”

“Its customers describe the main benefits as being analogous to how the Windows operating system revolutionised ease of use and efficiency for computing, which was previously very expensive, difficult and required multiple experts to build and operate cumbersome hardware.”

“It’s exciting to be backing the team and their plans to help decarbonise the $20.4bn global off-grid diesel generator market.”

Hydrologiq: Unique in the industry

Hydrologiq makes hydrogen the turnkey, scalable and immediate diesel replacement for off-road machinery - decarbonising a $327bn global diesel machinery market that produces 1.3 gigatons of CO2e every year.

They do this through HydrologiqOS - the patent-pending operational platform that handles everything from supply chain integration, compliance, real-time IoT monitoring and fuel forecasting, to on-the-ground engineering operations, making hydrogen an easy to adopt and scale decarbonisation choice.

• For end-users, HydrologiqOS manages all the planning, operations, and reporting.
• For asset owners, it gives them telemetry, digital twins, and training to get more out of their assets.
• For fuel suppliers, it provides accurate consumption forecasts to optimise production and delivery.

Very limited second close

Hydrologiq will execute a second close to this round by the end of March 2025, with limited space available for new investment. Contact us for more information.

About our new investors

Veridian Ventures is an angel investor syndicate, focusing on innovative early-stage ventures with strong growth and value-creation potential. A key goal at Veridian Ventures is for the partners to challenge and support ambitious and talented entrepreneurs, helping them to turn their potential into real results.

Growthdeck provides tax-efficient and growth investment opportunities to an expanding network of sophisticated private investors, partners and introducers. We carry out professional due diligence, provide ongoing and extensive business support and develop a close relationship with our investors. We also regularly host networking events that help connect growth businesses with sophisticated investors from across the world.