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Developer of symbiotic electrolyzers that can utilize waste heat sources for industrial use

Founded in 2017
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector hydrogen

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Milwaukee, WI Milwaukee, United States
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Updated by Sunena Gupta at on 01/08/2025

Edited by Cleantech Group on 04/01/2025

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Date Partner Type
05/22/2022
Greentown Labs Greentown Labs
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Confirmed by Greentown Labs
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
01/08/2025 JERA Ventures JERA Ventures , Argosy Foundation Argosy Foundation , BP Ventures BP Ventures , Lummus Technology Lummus Technology , Clean Energy Ventures Clean Energy Ventures (5)
Post-money valuation of
This new capital will be used to increase the pace of development of its water-vapor electrolyzer technology, as well as build out the company’s manufacturing and research and development facility.
Series A $6,700,000
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