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Developer of capillary-fed hydrogen electrolyser, producing green hydrogen for steel, transport and chemical sectors

Founded in 2021
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Company type Private Public ()
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Industry Group energy & power

Sector hydrogen

TRL Range 4-6
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 Australia Port Kembla, Australia
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Updated by Sunena Gupta at on 05/09/2024

Edited by Cleantech Group on 11/12/2024

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Date Investors Type Amount
05/08/2024 BP Ventures BP Ventures , Templewater Templewater , IP Group Australia IP Group Australia , Kiko Ventures Kiko Ventures , Virescent Ventures Virescent Ventures , Hostplus Hostplus , Vestas Ventures Vestas Ventures , POSCO POSCO , IMM Investment Co IMM Investment Co , Shinhan Capital Shinhan Capital , Twin Towers Ventures (TTV) Twin Towers Ventures (TTV) , Oman Investment Authority Oman Investment Authority , TelstraSuper TelstraSuper , BlueScopeX BlueScopeX (14)
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Funds will be used to expand production capacity at their manufacturing facility in Wollongong, New South Wales and further develop its technology as they focuses on reaching gigawatt scale manufacturing.
 Series B $111,000,000
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