# Baker Hughes

> Baker Hughes is a VC fund in Houston backing Energy and Renewable Energy. See 22 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Houston, United States
- Total investments: 22
- Last investment: Jan 2026
- Lead investor: 64%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/baker-hughes
- X (Twitter): https://twitter.com/BHGECO
- Website: http://www.bakerhughes.com
- Facebook: http://www.facebook.com/bakerhughesinc

Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner, and more efficient for people and the planet.

## Contacts

5 contacts available for Baker Hughes. Shizune tracks 12 team members at Baker Hughes. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/baker-hughes?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$3.1M |
| Series A | $20M–$62M |
| Corporate Round | $13M–$164M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 6 | 27% |
| Renewable Energy | 5 | 23% |
| Manufacturing | 4 | 18% |
| Banking | 2 | 9% |
| Clean Energy | 2 | 9% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 6 | 27% |
| Seed | 2 | 9% |
| Series A | 2 | 9% |
| Pre-Seed | 1 | 5% |
| Series B | 1 | 5% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 2 | 9% |
| Canada | 2 | 9% |
| United States | 2 | 9% |
| The Netherlands | 2 | 9% |
| Chile | 1 | 5% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Andy Esparza | Vice President & Chief Human Resources Officer | 0 | https://shizune.co/investors/profile/andy-esparza |
| Belgacem Chariag | President, Global Products and Services | 0 | https://shizune.co/investors/profile/belgacem-chariag |
| Ben Hwang | Product Leader - Reliability, BHC3 | 0 | https://shizune.co/investors/profile/ben-hwang-a812 |
| Demetrio Aiello | Director of Artificial Intelligence | 0 | https://shizune.co/investors/profile/demetrio-aiello |
| John-Peter van Zelm | Senior Engineering Manager, Site Leader | 0 | https://shizune.co/investors/profile/john-peter-van-zelm |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hydrostor | Hydrostor develops and operates long-duration energy storage systems to replace the use of fossil fuels. It addresses bulk electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and ancillary services, and is ideal for use in behind-the-meter or remote applications for mines and largeindustrial operations.Hydrostor’s solution delivers low-cost, long-duration bulk energy storage (hundreds of MWs, 4-24+ hours) that is synchronous and emission-free and can be located where required by the grid, including the ability to replace retired fossil fuel plants and the need for a new transmission. |  | Corporate Round | Jan 28, 2026 |  |
| Silbat | Silbat develop disruptive electricity storage technology that can turn intermittent renewable energies into fully dispatchable electricity sources.Silbat turn electricity into heat and store it in molten silicon. |  | Pre-Seed | Apr 07, 2025 |  |
| Baseload Capital | Baseload Capital is a Specialized Investment Entity investing in Heat Power. They work globally with the aim to give Heat Power Operators the financial tools to build and operate renewable heat power plants. | $58.7M | Series B | Sep 04, 2024 |  |
| HIF Global | HIF Global is an eFuel company engaged in the production of carbon-neutral fuels. The company uses renewable energy to produce green hydrogen via electrolysis and captures CO2 from the atmosphere, or from an industrial or biogenic source. It produces a carbon-neutral equivalent of liquefied petroleum gas (LPG) with green methanol. HIF Global'smission is to accelerate decarbonization by producing carbon neutral eFuels, providing a solution today for a better tomorrow. | $164M | Corporate Round | May 13, 2024 |  |
| Elcogen | Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and SOFC stacks based on proprietary materials and technological solutions. Fuel cells will help enable a clean energy future. Fuel cell technology significantly reduces emissions from natural gas systems,delivering twice the power for the same amount of gas. Fuel cells also unlock greater renewable energy generation, converting electricity to hydrogen for long-term storage. Solid oxide fuel cells are the most efficient energy conversion method possible, and Elcogen manufactures the highest performing SOFC. Elcogen makes the fuel cell technology underpinning the clean energy systems of the future.Elcogen was established in 2001. | $33.6M | Corporate Round | Apr 03, 2024 |  |
| Zhero | Zhero is a focused developer of green and clean energy projects, such as renewables, H2 and derivatives, interconnections, energy storage, and repurposing. |  | Corporate Round | Aug 03, 2023 |  |
| Silbat | Silbat develop disruptive electricity storage technology that can turn intermittent renewable energies into fully dispatchable electricity sources.Silbat turn electricity into heat and store it in molten silicon. |  | Pre-Seed | Apr 23, 2023 |  |
| ExerGo Sàrl | ExerGo provides energy concepts, feasibility studies, and engineering services for thermal network projects. | $1.1M | Seed | Mar 02, 2023 |  |
| Unity National Bank | Unity National Bank It improves lives and helps people and businesses prosper. They achieve this by providing services that value their time, simplify banking, and maintain their financial competitiveness. Use this chance wisely. They concentrate on lending to businesses, but we still offer loans to consumers. The employment of numerous agencies isencouraged by business lending philosophies in order to boost and improve the chances of loan approval. | $50M | Corporate Round | Feb 28, 2023 |  |
| Levidian | Levidian is a British climate tech business whose patented technology cracks methane into hydrogen and carbon, locking the carbon into high-quality green graphene. Levidian is a Technology Centre in Cambridge also offers R&D consultancy to companies in the development of graphene-enhanced products.Levidian was established in Cambridgeshire,United Kingdom. | $13.5M | Corporate Round | Oct 20, 2022 |  |

10 of 22 investments shown.

## Co-investors
- [EIT InnoEnergy](https://shizune.co/investors/profile/kic-innoenergy) — VC Fund, 4 deals together
- [AME](https://shizune.co/investors/profile/ame-8078) — VC Fund, 2 deals together
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund, 2 deals together
- [b2venture](https://shizune.co/investors/profile/btovpartners) — VC Fund, 2 deals together
- [Caliza Holding](https://shizune.co/investors/profile/caliza-holding) — VC Fund, 2 deals together
- [EIG Global Energy Partners(EIG)](https://shizune.co/investors/profile/eig-global-energy-partners-eig) — VC Fund, 2 deals together

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## FAQ

### What does Baker Hughes invest in?

Baker Hughes invests primarily in Energy, Renewable Energy and Manufacturing startups, most often at Corporate Round and Seed stage. Most of the 22 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Baker Hughes's check size?

Baker Hughes typically joins rounds of $1.1M–$3.1M at Seed, $20M–$62M at Series A and $13M–$164M at Corporate Round. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Baker Hughes participates in.

### How do I contact Baker Hughes?

Public channels for Baker Hughes include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Baker Hughes?

The team at Baker Hughes includes Andy Esparza (Vice President & Chief Human Resources Officer), Belgacem Chariag (President, Global Products and Services) and Ben Hwang (Product Leader - Reliability, BHC3), among 12 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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