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Capital Raising

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United H2 Limited

Venture Building the Energy Transition Economy

INDUSTRY

Energy & Renewables

RAISING

A$3M

PRE-MONEY VALUATION

A$82M

MINIMUM INVESTMENT

A$50,000

Investment Highlights

Company Overview

Transaction Overview

Team

News


Transaction Summary
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United H2 Limited

Raising A$3M

Pre-Money Valuation $82M

$50,000 minimum investment

Investment Highlights


Proven Venture Builder Model
United H2 is not just investing in the hydrogen economy, it is actively building it. UHL’s unique venture builder approach has already delivered a 12x return on capital and $24M in cash returns to shareholders, with successful exits like H2X Global illustrating its ability to create and scale high-value ventures.

Diversified, High-Growth Portfolio
UHL has equity positions in 13 active companies and 15 pipeline ventures across clean hydrogen production, energy storage, transport and industrial decarbonisation. Portfolio companies include Viridis (green data centres), National H2 (waste-to-energy) and Aviation H2 (ammonia jet engines) with combined forecast revenues exceeding $500M over the next five years.

Global Hydrogen Tailwinds
Clean hydrogen demand is forecast to grow by 8-10x by 2050, with Asia leading the charge and sectors like steel, ammonia, and transport driving uptake. UHL’s exposure across these verticals and regions positions it for significant long-term value creation.

Strategic Global Presence
UHL-backed companies are operational or in development across six continents, with a strategic focus on regions with rising hydrogen demand and supportive policy environments, including Australia, LATAM, the US, the UK, and the Middle East.

Validated Valuation Framework
Portfolio valuations have been independently reviewed by HLB Mann Judd using DCF and comparables, providing transparency and confidence for investors in the robustness of the portfolio’s current $82.6M valuation.

Company Overview


United H2 Limited (UHL) is an Australian clean energy venture builder, purpose-built to accelerate the global hydrogen economy. Unlike traditional incubators or accelerators, UHL actively creates its own clean energy ventures in-house, then partners with entrepreneurial leaders to scale those businesses globally. This model has delivered remarkable success, with a track record including a 10x return on capital invested and $24M in cash returns to shareholders to date.

Backed by a seasoned board—including executives from Microsoft, Tesla, and former federal ministers—UHL is at the forefront of building the technologies and companies that will drive the hydrogen-powered, net-zero economy. The company’s strategic focus spans hydrogen production, storage and distribution, and heavy industrial applications, delivering a diversified and future-focused investment platform.

With a global footprint across North America, Europe, LATAM, Africa, and Asia-Pacific, UHL is uniquely positioned to capitalise on the rapidly growing demand for clean hydrogen and electrification solutions. All portfolio valuations have been independently reviewed by HLB Mann Judd, with several companies poised for significant scale-up over the next 24 months.

The current capital raise will be used to support continued portfolio growth, commercialisation, and UHL’s transition to a listed entity. Investors have the opportunity to participate at a critical inflection point as hydrogen becomes a mainstream energy solution.

Transaction Overview


United H2 Limited is raising A$3M to fund growth in its investment companies and to support its initial public offering.

Use of Funds

Growth Capital

Working Capital

Listing Proceeds

70%
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20%
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10%
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Current Investment Portfolio


UHL’s current portfolio includes 13 active ventures and 15 pipeline opportunities, with holdings in hydrogen vehicles, green data centres, waste-to-energy, ammonia jet engines, and hydrogen health products. Notable investments include:

  • Viridis: Ultra-secure, clean energy data centres targeting $99.5 million in revenue by 2030.

  • National H2: Transforming non-recyclable plastic into hydrogen and clean electricity.

  • Liberty Hydrogen: Developing 5MW electrolysers and a solar-powered hydrogen hub in Mexico.

  • Alpha H2 & H2i Technology: Cutting-edge hydrogen injection systems for heavy machinery and transport.

  • Aviation H2: The world’s first ammonia-based jet engine for decarbonising aviation.

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