Ohmium Announces Close Of $45 Million Series B Financing

Ohmium International, Inc., a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, announced the close of a $45 million Series B Financing today. Existing investor Fenice Investment Group led the round, with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium's rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to approximately two GW annually by the end of 2022. Ohmium's unique interlocking modular PEM electrolyzers provide a safer, modular, flexible, easy to install and maintain alternative to customized electrolyzers