Each month, Innovation Origins list the investments that caught our eye the most.
Battolyser raises €30 million for green hydrogen production
Battolyser Systems, a Dutch startup, announced it raised €30 million in Series A funding to scale its innovative hydrogen battery technology. The company’s unique electrolyzer with battery functionality aims to tackle grid congestion and reduce green hydrogen costs. Set to launch in 2025, Battolyser’s next-generation system offers 100% flexibility, enabling efficient use of intermittent renewable energy. Battolyser is poised to play a crucial role in the Netherlands’ energy transition, targeting 4 GW of electrolyzer capacity by 2030.
€15 million for Carbyon to demonstrate its fast-swing Direct Air Capture technology
Until now, the groundbreaking and patented technology developed by Carbyon to extract CO2 directly from the atmosphere could only be seen in the lab. But thanks to a €15.3 million investment round, the Eindhoven-based direct air capture (DAC) startup can build the first demonstration models, launch commercial pilots, and prepare for large-scale production.
Comentarios