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Exclusive: Green hydrogen company raises $11 million in Series A

Andrew Freedman of Axios reports on a green hydrogen startup that has raised $11 million in Series A Funding

The C3 Take
  • H2U Technologies is a green hydrogen firm based in Chatsworth, California.
  • By using a catalyst in the electrolysis process that enhances chemical reactions the startup believes that they have found a way to reduce the cost of green hydrogen.
  • This innovation could lead to a more widespread implementation of green hydrogen, which many scientists believe is an important technology for reaching decarbonization.
  • Private sector leadership is key to a clean energy future.

“The firm, headquartered in a new, 25,000-square-foot facility in Chatsworth, California, has developed low-cost electrolyzers it hopes will provide the means to produce green hydrogen at a lower cost than competitors.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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