Tony Pan
Tony Pan is a Board Member at Ammobia, Founder at Borrowing Arrows, and Advisor at Starlight Ventures. He previously founded Borrowing Arrows, Modern Electron, and Modern Hydrogen, with Modern Electron and Modern Hydrogen no longer running under his leadership. His expertise spans deep tech, AI, energy, and frontier technologies in the USA and China.
Five Contractors Sue Bill Gates-Backed Modern Hydrogen for $363,458 in Unpaid Invoices After Contract Terminations
Five contractors are suing Modern Hydrogen, a Seattle clean energy startup backed by Bill Gates, for unpaid final invoices totaling over $363,458. The lawsuits follow sudden contract terminations amid Gates' reduced focus on climate initiatives and the company's halted projects.
Bill Gates-Backed Modern Hydrogen Lays Off Most Employees Amid Funding Changes After $125M Investment
Clean energy startup Modern Hydrogen, backed by Bill Gates and having raised $125 million over a decade, has laid off most of its employees amid funding changes and restructuring. The company was preparing commercial deployments after successful pilot projects but has not publicly disclosed the extent of layoffs.
Modern Hydrogen Partners with Puget Sound Energy to Deploy Methane Pyrolysis for Industrial Decarbonization
Modern Hydrogen partnered with Seattle utility Puget Sound Energy to deploy methane pyrolysis technology that produces clean hydrogen fuel from natural gas, aiming to help hard-to-electrify industries reduce carbon emissions. This approach offers a climate-friendly alternative amid disruptions to clean energy deployment under President Trump's policies.
Modern Hydrogen Raises $25M to Expand Clean Hydrogen and Carbon Tech with Bill Gates Support
Seattle-area clean tech startup Modern Hydrogen raised $25 million to advance its methane pyrolysis technology producing clean hydrogen and solid carbon for industrial uses. Bill Gates, a key investor, supports the company, which has raised over $100 million and plans to expand into new markets with strategic partnerships.
Bill Gates Visits Modern Hydrogen, Demonstrates Carbon-Sequestering Asphalt From Hydrogen Fuel Technology
Bill Gates visited climate tech startup Modern Hydrogen in Woodinville, Washington, where he helped fill a pothole using carbon-trapping asphalt made from solid carbon produced in hydrogen fuel creation. Modern Hydrogen develops methane pyrolysis reactors that convert natural gas into clean hydrogen and solid carbon for industrial uses, with demo reactors deployed to customers in Oregon and Miami.
Modern Electron files for $30M raise to scale heat-to-electricity converters, led by CEO Tony Pan and CTO Max Mankin
Modern Electron, an Intellectual Ventures spinoff, is raising $30 million per an SEC filing to commercialize its heat-to-electricity converters that capture wasted heat from furnaces, hot water tanks and industrial sources. The Bothell, Washington startup previously raised about $40 million including backing tied to Bill Gates, and is led by co-founders CEO Tony Pan and CTO Max Mankin.
Organizations
See all 11-
Ammobia Board Member 2026–present · current
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Borrowing Arrows Founder 2026–present · current
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Starlight Ventures Advisor 2022–present · current
Education
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Harvard University Ph.D., Physics · 2009–2013
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Stanford University Bachelor's Degree, Physics · 2004–2008
