A eco-friendly hydrogen startup has secured in excess of £1 million in pre-seed funding to build new technologies which could ‘revolutionise the sector’.
Clyde Hydrogen has devised a new way to supply significant force environmentally friendly hydrogen properly at scale and at small expense – with its ‘breakthrough decoupled electrolyser technologies’.
The startup is seeking to fast develop its products and has lifted over £1 million in a spherical supported by Zinc, the University of Glasgow and a number of strategic angel traders.
The expense marks a considerable vote of self-confidence in Clyde Hydrogen’s mission to build slicing-edge hydrogen production remedies that guarantee to appreciably decrease carbon emissions and advance the worldwide transition to a sustainable electricity future.
The company’s collaboration with the College of Glasgow gives Clyde Hydrogen entry to environment-course investigation facilities and abilities in renewable vitality technologies, even though Zinc’s involvement delivers strategic financial commitment acumen and an proven community of industry connections.
Clyde Hydrogen’s breakthrough decoupled electrolyser know-how provides significant tension green hydrogen safely and securely at scale and at small expense. This has the possible to match renewable energy with hydrogen output in a additional effective way than at present probable – resolving just one of the industry’s greatest worries to day.
Dr Jos Trehern, chairman of Clyde Hydrogen, mentioned: “This funding is not just a monetary raise but a validation of our eyesight to make environmentally friendly hydrogen available and expense effective. With the aid of Zinc, the University of Glasgow and angel buyers, we are poised to accelerate our investigation and growth attempts and bring our ground breaking options to industry.”
Paul Kirby, co-founder and CEO at Zinc, claimed: “At Zinc, we consider in the importance of investing in deep science innovation to address our most pressing environmental issues. Clyde Hydrogen signifies accurately the variety of disruptive know-how we seem to aid — one that has the opportunity to revolutionise the vitality landscape and decrease reliance on fossil fuels. We’re enthusiastic to be aspect of the staff at Clyde Hydrogen on its journey to impression.”
Melville Anderson, head of IP and commercialisation, University of Glasgow, reported: “The University of Glasgow is very pleased to aid Clyde Hydrogen in their ground breaking endeavours to rework the hydrogen electricity landscape. This partnership aligns with our motivation to advancing sustainable and renewable electricity adoption. We think that Clyde Hydrogen’s floor-breaking approach to hydrogen production will participate in a very important purpose in acquiring a carbon-neutral foreseeable future.”
The put up Glasgow’s inexperienced hydrogen increase with £1 million expense in electricity startup appeared to start with on FutureScot.