California Catalysts raised $3M in a Series A-2 funding round led by Volo Earth Ventures and others to commercialize advanced hydrogen electrolyzer components.

Oct 23, 2024•9 months ago

Amount Raised

$3 Million

Round Type

series a

ChatsworthRenewable EnergyEnergyManufacturing

Investors

Mol SwitchAcario InnovationJericho Energy VenturesMotus VenturesHessFreeflow VenturesDolby Family VenturesVolo Earth Ventures

Description

California Catalysts has successfully closed a $3M Series A-2 funding round, bringing its total raised amount to $18M. The funding will be used for the productization of non-Iridium catalysts and coatings for electrolysis cells used in Green Hydrogen production.

Company Information

Company

California Catalysts

Location

Chatsworth, California, United States

About

California Catalysts, formerly H2U Technologies, is the world’s premier developer of advanced materials and stack components for low-cost hydrogen production at scale. Based on years of scientific research at Caltech funded by the Department of Energy, Calicat uses AI alongside proprietary material testing methods to discover and evaluate low-cost electrocatalysts, dramatically increasing the pace of sustainable material development and reducing costs by orders of magnitude.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

California Catalysts raised $3M in a Series A-2 funding round led by Volo Earth Ventures and others to commercialize advanced hydrogen electrolyzer components.

Investors

Description

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