SENCO
Assembly Line
Strohm secures €30M to reduce carbon footprint in pipeline infrastructure
Netherlands-based Strohm, a company specialising in developing and manufacturing pipelines for conventional and renewable energy sectors, has secured €30M in equity funding led by SENCO, a hydrogen-focused investment firm in Germany. The round also saw participation from existing shareholders, including Chevron Technology Ventures, Evonik Venture Capital, HydrogenOne Capital, ING Corporate Investments, and Shell Ventures.
The funding aims to accelerate Strohm’s growth trajectory, particularly in hydrogen and carbon capture, utilisation, and storage (CCUS) applications.