Posted by Alumni from Crunchbase
September 19, 2024
As it turns out, the cycle is not over. Rather, companies tied to low-emission hydrogen have continued to land big rounds for technologies tied to producing fuel and developing hydrogen-powered batteries and engines. The most recent to do so is ZeroAvia, a developer of hydrogen-powered airplane engines. The Hollister, California-based company announced last week that it completed an extension round that brings its Series C to $150 million. Scottish National Investment Bank joined as the newest investor, as ZeroAvia pursues a manufacturing facility in Scotland. The companies, listed below, are targeting niches ranging from heavy-duty hydrogen-powered trucks to identifying and commercializing geologic hydrogen sources. Others are developing or scaling production of electrolyzers, devices that use electricity to split water into hydrogen and oxygen. !function(e,n,i,s){var d="InfogramEmbeds";var... learn more