Author: Anela Dokso

Green Hydrogen H2 News

Oort Energy receives £5m startup funding for green hydrogen decarbonization Energy Revolution Ventures (ERV), a company that specializes in electrochemistry, led the oversubscribed $5 million seed financing raise for Oort Energy, a UK-based manufacturer of next-generation hydrogen electrolysers. These monies supplement the approximately £800,000 in non-dilutive subsidies that various UK and EU government agencies have given to the company. Strategic corporate investor and Asia-based decarbonization fund TRIREC are significant investors in the seed round. The money will go toward expanding the business’s electrolyzer stack manufacturing factory and deploying the first demonstrator that is entirely compliant with all regulations for producing…

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