Hgen, a California-based hydrogen startup, has secured $5 million in seed funding to commercialize its advanced alkaline electrolyzers. Leading this funding round was Seven Seven Six, with Founders Fund and Fontinalis Partners participating as well. The influx of capital will expedite the implementation of Hgen’s cutting-edge technology at various customer locations. Hgen’s proprietary alkaline electrolyzers are a game-changer in the hydrogen industry. They boast a 20-fold increase in volume output density compared to traditional models, allowing systems to be 1/20th the size while producing the same amount of hydrogen. Furthermore, these electrolyzers are 9% more efficient than standard alkaline cells,…
