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H2-View News: Vema Hydrogen secures $13m to bring $1/kg hydrogen to market

Summary by H2 Energy Group

The North Carolina startup will use the funds to develop North America’s first full-scale SGH pilot wells, injecting water and a catalyst into iron rock to mimic natural hydrogen formation. Vema Hydrogen claims its process consumes less than 3kWh per kg of hydrogen, achieving production costs below $1/kg. The funding round was co-led by Extantia Capital with Propeller Ventures and participating from Zero Carbon Capital, Pace Ventures and Existin…

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H2 Energy Group

H2-View News: Vema Hydrogen secures $13m to bring $1/kg hydrogen to market

The North Carolina startup will use the funds to develop North America’s first full-scale SGH pilot wells, injecting water and a catalyst into iron rock to mimic natural hydrogen formation. Vema Hydrogen claims its process consumes less than 3kWh per kg of hydrogen, achieving production costs below $1/kg. The funding round was co-led by Extantia Capital with Propeller Ventures and participating from Zero Carbon Capital, Pace Ventures and Existin…

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H2 Energy Group broke the news in 1 day ago on Friday, February 21, 2025.

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