Oort Energy closes £5m seed funding round for electrolyser manufacturing and deployment scale-up

UK-based electrolyser developer Oort Energy has today (June 7) announced it has closed its oversubscribed £5m ($6.2m) Seed raise led by Energy Revolution Ventures (ERV).

Planned to support the set-up of Oort’s electrolyser stack manufacturing facility and the deployment of its first fully compliant demonstrator, the funding sees around £800,000 ($992,800) in grants awarded by various UK and EU government bodies.

The Seed round investors included Asian-based decarbonisation fund TRIREC, as well as a “corporate strategic investor.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...