Khimod raises €23m to scale hydrogen-based power-to-X technologies
French climate tech firm Khimod has raised €23m ($27m) from investors to advance the industrialisation of its low-carbon hydrogen power-to-X (PtX) technologies and projects.
Bpifrance’s SPI Fund and Audacia’s Industrial Decarbonisation Fund backed the company through public-private investment, signalling strong public confidence in hydrogen-derived e-fuels.
Khimod will enter a commercialisation phase for its core offering with the financial backing – its heat exchanger-reactors used to convert green hydrogen and captured CO2 into e-methanol, e-methane, and eSAF.
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