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VC-Backed Clean Energy Startup Expanding in Natick

Photo courtesy of Lincoln Property Co.

A hydrogen energy company that landed $24 million in venture capital funding this year is expanding its new East Coast headquarters in Natick.

In June, Electric Hydrogen Co. received $24 million in series A financing led by Breakthrough Energy Ventures to support the growth of its operations in Greater Boston and San Francisco. Electric Hydrogen Co. will occupy 20,400 square feet at 3 Strathmore Road, after opening a 10,201-square-foot headquarters at 1 Strathmore Road this summer.

“The 20,400-square-foot building offered Electric Hydrogen an opportunity to expand in a relatively contiguous manner while taking advantage of the building’s in-place, robust infrastructure,” Lincoln Property Co. Senior Vice President Tim Latham said in a statement.

Lincoln Property Co. purchased 1 and 3 Strathmore Road, which previously were occupied by MilliporeSigma, in December 2019 for $4.25 million.

B&T Daily