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Novohydrogen Closes Seed Financing And Finalizes Board Of Directors

Feb 07, 2023over 2 years ago

Round Type

seed

GoldenEnergy ManagementClean EnergySolarRenewable EnergyOil And GasEnergy

Investors

Jeremy Avenier

Description

NovoHydrogen, a leading renewable hydrogen project developer, today announced that it has closed its seed funding round and officially appointed four esteemed executives to its board of directors. With the board's guidance throughout 2022, the company has already produced impressive results including the accelerated development of its leading pipeline of projects and the growth of a team of dedicated seasoned industry professionals.

Company Information

Company

NovoHydrogen

Location

Golden, Colorado, United States

About

Our mission is to accelerate the energy transition. We leverage our deep energy sector knowledge to provide renewable hydrogen solutions to large-scale industrial customers, the transportation sector, and the power sector. We are led by a conviction that renewable hydrogen is a key piece of the decarbonization puzzle. This drives our passion for our work. Our core values and company culture are based on the following: 1) Authentic 2) Agile 3) Blue Collar 4) Curious 5) Experts in our field of renewable hydrogen 6) Focused 7) Humble 8) Passionate about decarbonization and solving complex problems 9) Willing to grind

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers