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H2U Technologies to advance electrolyser technologies with newly secured funding
H2U Technologies to advance electrolyser technologies with newly secured funding

H2U Technologies to advance electrolyser technologies with newly secured funding

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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