Hydrogenious raises over €17 million from AP Ventures, Temasek, Winkelmann Group, Covestro, Chevron Technology Ventures and Anglo American Platinum in first close to deliver near term project opportunities, the company announced.
In a recently completed financing round, AP Ventures, Temasek, Winkelmann Group, Covestro, Chevron Technology Ventures and Anglo American Platinum continue to support Hydrogenious as shareholders. In total, the investors have contributed over €17 million, which will be used to support the implementation of the planned projects and the further scaling of the technology.
Politically, LOHC technology is being supported by numerous policies and legislation at both federal and EU level, as well as financially, reflecting its importance for the energy transition. In 2024, Hydrogenious received a grant notification from the German Federal Government and the State of Bavaria for its Green Hydrogen @ Blue Danube project totaling €72.5 million.
Over the past year, Hydrogenious has further sharpened its profile as a technology provider, realigned its team structures and shifted its corporate focus to flagship projects such as the industrial-scale LOHC hydrogenation plant at Chempark Dormagen and the IPCEI (Important Project Of Common European Interest) ‘Green Hydrogen @ Blue Danube’. With the beginning of 2025, this transformation is now complete, and the company has set its sights on the future.
Photo of Hydrogenious
Press release https://tinyurl.com/mrzrskzv
