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H2U Technologies Closes $11M In Series A Funding From Jericho Energy Ventures, Freeflow Ventures, Volo Earth Ventures, And Hess Corporation

Mar 02, 2022over 3 years ago

Amount Raised

$11 Million

Round Type

series a

Los Angeles

Description

H2U Technologies, Inc. (H2U), the developer of new energy technologies to produce green hydrogen, closed an oversubscribed $11 million Series A funding round with leading venture capital and energy firms, led by Jericho Energy Ventures (Jericho)(TSXV:JEV)(Frankfurt:JLM0)(OTC PINK:JROOF), Freeflow Ventures (Freeflow), VoLo Earth Ventures (VoLo), and Hess Corporation (Hess)(NYSE:HES).

Company Information

Company

H2 U Technologies

Location

Los Angeles, California, United States

About

H2U Technologies is a developer of new catalysts used to start or speed up the electrolysis of water into hydrogen and oxygen. The company also produces a grid-scale PEM electrolyzer, the Gramme 50. The technology underpinning H2U Technologies' products is based on 10 years of research and development funded by the U.S. Department of Energy through Caltech's Joint Center for Artificial Photosynthesis (JCAP). For more information, visit h2utechnologies.com. Press Contact:Nneka EtoniruFTI ConsultingP: +1 (332) 213-7903 nneka.etoniru@fticonsulting.com SOURCE H2U Technologies

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