HICO Investment Group
Assembly Line
PuriFire Energy raises £2.7M to cut emissions by producing green hydrogen and methanol
PuriFire Energy, a Cambridge-based producer of sustainable green hydrogen and methanol solutions, has raised £2.7 million in seed funding. The round was led by HICO Investment Group with participation from Bulnes Capital, R&R Investments, and Abhishek Desai.
The company will combine the Seed investment with a £525K grant from Innovate UK to set up a pilot project by mid-2025 to convert anaerobic digestion liquid digestate and other wet feedstocks into green methanol using its patented technology.