Australian company Endua has secured A$11.8m ($7.6m) in funding to scale hydrogen generation and storage technologies.
The technologies are expected to deliver affordable and reliable renewable energy to power communities, remote industries and off-grid infrastructure.
Along with Endua, Queensland Investment Corporation (QIC), Melt Ventures and 77 Partners will contribute $75.m in pre-series funding. The pre-series capital is in addition to the $4.3m in grants Endua received, including the Entrepreneurs’ Programme Accelerating Commercialisation Grant, the Cooperative Research Centres Project (CRC-P) and the Advanced Manufacturing Growth Centre Grant (AMGC).
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