Matteco , a new project of Zubi Labs, focused on materials for green hydrogen, will invest €15 million through 2025, the company announced.
Matteco is a spin-off from the Universitat de València (UV), a product of a decade of work by a team of multidisciplinary researchers. Co-founded by Marcaide and Gonzalo Abellán -Principal Investigator, Head of the 2D-Chem Materials Research Group at the Institute of Molecular Sciences (ICMol), and co-inventor of the patent- its cutting-edge technology focuses on alkaline electrolysis (AWE) and the novel anion exchange membrane electrolysis (AEM).
The company’s next-generation materials are designed to significantly improve the efficiency of electrolyzers -the devices that produce hydrogen- by reducing energy consumption by up to 30 %, and increasing production by operating at higher current densities and with longer lifetimes, helping to accelerate the transition to this clean and versatile energy.
To conduct its industrial operations, which the company has until now developed at the UV Science Park, Matteco has acquired a 10,000 m2 site in Paterna, Valencia (Spain). The new factory, dedicated to producing catalyst powder and electrodes with an initial installed capacity of 1 GW, will open its doors in the second quarter of 2024.
The company, which will invest 15 million euros through 2025, already has a team of 25 and plans to reach 100 employees in the next two years.
Iker Marcaide, Co-founder and CEO of Matteco and Executive Chairman of Zubi Group adds: “Matteco aims to be a key player in the value chain, helping to reduce the cost and accelerate the adoption of hydrogen.”
Photo of Matteco
