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EDP Ventures to scale up investment opportunities in hydrogen
EDP Ventures to scale up investment opportunities in hydrogen

EDP Ventures to scale up investment opportunities in hydrogen

EDP Ventures is actively supporting the hydrogen economy and has revealed that it is aiming to double its investments in start-ups in the scale up phase to contribute to the energy transition.

This will see the company scale its investment from an already figure of €45m ($49m) to around €100m ($109m).

In order to achieve this, EDP will now participate in both Series B and Series C investment rounds to support growing technologies and hydrogen innovation with plans to invest up to €10m ($10.94m) per company.

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