hydrogen separation
Assembly Line
Hydrogen equipment pioneer H2SITE successfully raises EUR36 million from a consortium of investors co-led by Hy24 and SC Net Zero Ventures
H2SITE, a deep-tech pioneer of hydrogen separation solutions, has successfully raised EUR36 million in a Series B funding round led by Hy24 and SC Net Zero Ventures. The funding will support the company’s next industrialization and commercialization milestones, including multi tons per day hydrogen production capacity in operation by 2026. H2SITE’s proprietary membrane reactor technology enables hydrogen separation from gas streams and easy-to-transport molecules, such as ammonia or methanol. The company has built and operated 15 projects in Western Europe and is now developing large-scale infrastructure projects in North America, the EU, and Asia Pacific. The investment will help H2SITE tackle the challenge of hydrogen supply chain and support the growth of the clean hydrogen economy. Hy24 and SC Net Zero Ventures, along with other investors, will provide H2SITE with access to a broad international ecosystem of stakeholders who share the unified vision of hydrogen as a vital energy vector for achieving European and global industrial decarbonization targets.