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Home Home - Europe
hydrogen

Hydrogen Startups Shine in Riga

Anela DoksoBy Anela Dokso08/10/20242 Mins Read
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The European Hydrogen Valleys 2024 Investment Program recently concluded a successful event in Riga, Latvia. This event aimed to foster collaboration and innovation in the hydrogen sector by bringing together key stakeholders.

The event served as a meeting ground for leading investors, industry experts, and Europe’s most promising hydrogen startups. These companies showcased innovative solutions, highlighting hydrogen’s potential as a key driver in the shift towards green energy.

The program secured over €12 billion in total investments from participating investors. This substantial funding supports the growth of the hydrogen sector, benefiting 29 selected companies. These companies, having already raised €139 million, are developing advanced technologies to tackle challenges and seize opportunities in the hydrogen market.

Eight innovative companies received awards for their exceptional contributions. A jury of experts and investors selected these companies for their potential to revolutionize the industry. Some of these companies include Atmen, a platform simplifying green hydrogen certification, and Green Independence, focusing on decentralized green hydrogen production. Others like Hydrofy and Naco Technologies are providing solutions for hydrogen-based mobility and enhancing hydrogen systems with nanotechnology. Norwegian Hydrogen, Sakowin, Stargate Hydrogen, and STOFF2 are also leading with infrastructure development, CO2-free hydrogen production, global project solutions, and integrated electrolyzer systems.

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