Hydrogen technologies company H2U will advance its electrolyser designs and commission its Catalyst Discovery Engine™ (CDE) with funds of $11m, successfully raised in a series A funding round.
The firm today (March 1) closed the deal, led by Jericho Energy Ventures, Freeflow Ventures, VoLo Earth Ventures and Hess Corporation, marking a milestone moment for the commercialisation of its technology.
H2U’s CDE is said to be one million times faster than traditional catalyst discovery processes and uses artificial intelligence to identify non-platinum group metals PEM catalyst.
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