Silicon Canals’ Post

Germany’s INERATEC secures €70M funding commitment to develop Europe’s first large-scale e-fuel plant: Karlsruhe-based INERATEC, a German company involved in the production of e-fuels, has received a €70M funding package from the European Investment Bank (EIB) and Breakthrough Energy Catalyst, under the EU Catalyst partnership. The EIB, backed by the EU’s InvestEU programme, is providing venture debt, while Breakthrough Energy Catalyst has committed to a grant contingent on ... Read more #eFuels #Nachhaltigkeit #Energie

#finlandtech @hycamite, a company that produces low-carbon #hydrogen and carbon products by splitting methane, announced that it has secured €44M in a two-step series A investment from strategic and financial investors. By @SiliconCanals https://lnkd.in/gWz5cFYA #NordicMade

🌊 H2SITE a Spain-based hydrogen solutions provider, has raised €36 million in a Series B funding round led by Hy24 and SC Net Zero Ventures. The round also included contributions from new investors MassMutual Ventures , Enagás Emprende and Exergon along with existing backers like Breakthrough Energy Ventures , Equinor Ventures and Ezten. 💲The funding will enable H2SITE to further develop and deploy its proprietary hydrogen technology, aiming to make significant strides in hydrogen production and usage. This investment highlights the growing momentum in the hydrogen sector as a critical component of global efforts to reduce carbon emissions. 🔗Read the full article: https://lnkd.in/dwYndSik #HydrogenTechnology #H2SITE #GreenEnergy #Decarbonization #CleanTech #SustainableInnovation #HydrogenProduction #ClimateTech #RenewableEnergy #NetZero

Innova Cleantech Corp. has secured seed funding to accelerate its pioneering work in sustainable graphite and hydrogen production. The investment is led by Weave VC and supported by prominent super angels from CDL, including Douglas Beach, Board Chair at Eavor Technologies Inc., and Roger Tang, former CEO and founder of Deltastream Energy. #BuildSomethingMassive

Resato Hydrogen Technology: Resato Hydrogen Technology, a hydrogen refuelling station developer based in Assen, Netherlands, has obtained a €25M venture debt facility from the European Investment Bank (EIB). The loan was supported by the European Commission under its InvestEU initiative. The investment will support the Dutch company’s research and development efforts, production capacity expansion, and relocation to an ... Read more #HydrogenTechnology #VentureDebt #EIB

Hysata recently secured a substantial $111.3 million USD investment led by BP Ventures LLC and Templewater, along with support from major strategic and financial investors. Their unique capillary-fed alkaline electrolyser promises higher energy efficiency and lower costs compared to existing alternatives, offering a potential game-changer in the green hydrogen landscape. Hysata CEO, Paul Barrett, said: “Our mission at Hysata is to accelerate the deep decarbonisation of hard-to-abate sectors such as steel, chemical manufacture, and heavy transport, by delivering the world’s most efficient, simple, and reliable electrolysers. With high-efficiency, intrinsically low capex and a mass-manufacturable design, Hysata aims to drive down the levelised cost of hydrogen." #GreenHydrogen #RenewableEnergy #CleanTech #Decarbonization #EnergyEfficiency #Investment #Innovation #SustainableTechnology #ClimateAction #HydrogenEconomy #EnergyTransition #IndustrialDecarbonization #CleanEnergy

Hycamite secures €44M to scale up clean hydrogen and carbon production in Finland: Finland-based Hycamite, a company that produces low-carbon hydrogen and carbon products by splitting methane, announced that it has secured €44M in a two-step series A investment from strategic and financial investors. The second part of the series was closed to start operations of the company’s industrial-scale demonstration unit.  Sojitz Group led the round with existing ... Read more #CleanHydrogen #SustainableEnergy #Investment

Hycamite has announced that it has secured a total of €44 million in a two-step series A investment from a group of high-quality strategic and financial investors. The second part of the series was closed to initiate the operations of the company’s industrial scale demonstration unit. The investment round was led by Sojitz Group, with existing investors Holdix Oy, Turret Oy, and Stephen Industries Oy also participating. New investors OMV Petrom and MOL PLUS joined the investment. Read up on the latest hydrogen news here: https://lnkd.in/e2M9GA9V

Resato Hydrogen Technology , a hydrogen refuelling station developer based in Assen, Netherlands, has obtained a €25M venture debt facility from the European Investment Bank (EIB). The loan was supported by the European Commission under its InvestEU initiative. Resato aims to deploy 1,000 hydrogen refueling stations by 2030, aligning with the EU’s Sustainable and Smart Mobility Strategy. Read more about the deal here: https://lnkd.in/gmy8JVSj Rob Castien, Robert de Groot #SiliconCanals #Funding #News #Hydrogen

Oxford Flow receives $25M funding from bp Ventures and EIP Oxford Flow bp Energy Impact Partners Gareth Burns Steven Yang Neil Poxon #HydrogenCentral #HydrogenNews #Hydrogen #FuelCell #HydrogenEconomy #HydrogenMarket https://lnkd.in/dDsJFiuh