• About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “press@ustechtimes.com”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

    ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

    Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

    Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

    LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

    LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

    Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

    Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

      ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

      Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

      Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

      LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

      LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

      Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

      Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result

      Ohmium, a green hydrogen startup closes $250 million Series C

      Ohmium will use the additional funds for project deployment in major markets such as the United States, Europe, India, and the Middle East

      USTechTimes Editor by USTechTimes Editor
      April 29, 2023
      Home topics Clean tech / environment
      Share on FacebookShare on Twitter

      Ohmium International, a company that enables industries to deploy green hydrogen for a sustainable future, closed its $250 million Series C growth equity funding led by TPG Rise Climate. The round also witnessed participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.

      Ohmium will use the additional funds for project deployment in major markets such as the United States, Europe, India, and the Middle East and boost its manufacturing capacity to 2 GW annually.

      The investment will also give Ohmium a sizeable amount of funding to scale its operations, including increasing its cutting-edge research and development initiatives to lower the cost of producing green hydrogen.

      “Green hydrogen is critical to the rapid decarbonization of hard-to-abate sectors,” said Ahmad Chatila, Chairman and founding investor of Ohmium and Managing Partner of Fenice Investment Group.

      Customers may reach their goals for sustainable energy in industrial, transportation, and energy projects with the support of the company’s range of electrochemical products. With operations across the globe and manufacturing in India, the startup has its headquarters in the United States.

      “Ohmium is uniquely positioned to be a leading provider of emissions-free hydrogen technology given its customer-focused, modular solution that enables businesses to achieve an extremely competitive levelized cost of hydrogen (LCOH),” added Ahmad Chatila.

      Ohmium enables an ideal energy source for hard-to-abate light and heavy industries

      Founded in 2019 by Arne Ballantine, Kirsten Burpee Ohmium manufactures standardized interlocking modular Proton Exchange Membrane (PEM) electrolyzers that produce pressurized high-purity hydrogen.

      An indefinite number of options for deployment sizes are possible while lowering installation and maintenance costs by stacking individual electrolyzers. Individual, small-footprint electrolyzers can be quickly scaled from megawatts to gigawatts, and the standardized design allows for significant installation and maintenance cost reduction.

      “Ohmium’s cutting-edge PEM electrolyzer systems are crucial to enabling the green hydrogen industry, satisfying a wide range of commercial applications and delivering superior value in terms of current density, scalability, ramp rate, and safety,” said Ed Beckley, Partner at TPG.

      To construct 400 MW of green hydrogen projects, Ohmium worked with independent renewable energy provider Amp Energy India in October 2022. Ohmium’s special interlocking modular PEM electrolyzers will be used by Amp Energy India. The deployments, targeted at mid-sized commercial and industrial projects of 25 MW or less, are scheduled to be installed during the following three years.

      Earlier in 2022, Ohmium announced a partnership with Spirare Energy, an on-site energy generation equipment manufacturer, to produce green hydrogen at NTPC’s NETRA (NTPC Energy Technology Research Alliance) Green Campus in India.

      “Ohmium is experiencing tremendous success in 2023. We are on track to deliver our PEM electrolyzer systems to customers worldwide operating across multiple sectors,” said Arne Ballantine, CEO of Ohmium.

      Related Posts

      • Healthteh startup Alleviant Medical secures $75 million in equity financing

        Austin, Texas-based Alleviant Medical has raised $75 million, in equity financing co-led by S3 Ventures…

      • Zumper, San Francisco-based apartment listing startup grabs $30 million

        Zumper, a San Francisco-based apartment listing and rental marketplace, has raised an additional $30 million…

      • Pagos, a payment intelligence startup, bags $34 million series A

        Pagos, a Los Angeles, CA-based payment intelligence company that empowers businesses to optimize their digital…

      Tags: clean energyfundingfuture techgreen energyTech Startup
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.
      Clean tech / environment

      ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

      November 28, 2023
      Electric boat sailing on clean water - Arc Boat Company's sustainable marine innovation in action
      Clean tech / environment

      Arc Electric Boat Company Sets Sail to a Greener Horizon with $70M Series B Funding

      October 1, 2023
      Ascend Elements Sustainable Lithium Battery Recycling Facility.
      Clean tech / environment

      Ascend Elements Secures $542 Million to Drive Global Sustainable Lithium Battery Recycling

      September 15, 2023
      Redaptive, Energy Efficiency Solutions.
      Clean tech / environment

      Redaptive Secures $125 Million Financing to Drive Energy Efficiency Solutions Worldwide

      August 30, 2023
      HyAxiom ignites innovation with $150M funding round for fuel cell solutions
      Clean tech / environment

      HyAxiom ignites innovation with $150M funding round for fuel cell solutions

      July 18, 2023
      Charm Industrial raises $100M to fuel carbon removal revolution
      Clean tech / environment

      Charm Industrial raises $100M to fuel carbon removal revolution

      June 9, 2023
      No Result
      View All Result

      Trending Posts

      • ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation
        ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation
        by Catherine SueNovember 28, 2023
      • Software Investor Insight Partners Acquires IoT Security Firm Armis
        Software Investor Insight Partners Acquires IoT Security Firm Armis
        by USTechTimes EditorJanuary 8, 2020
      • Relay Network gets $30 million funding from LLR Partners
        Relay Network gets $30 million funding from LLR Partners
        by USTechTimes EditorDecember 8, 2019
      • NexPhase Sells Software Firm FAST to Verisk for $193.5 million
        NexPhase Sells Software Firm FAST to Verisk for $193.5 million
        by USTechTimes EditorDecember 8, 2019
      • Siemens Acquires Virtual Testing Software Firm MultiMechanics
        Siemens Acquires Virtual Testing Software Firm MultiMechanics
        by USTechTimes EditorDecember 4, 2019

      Products

      Apple 20W USB-C Power Adapter

      Apple MagSafe Battery Pack

      Apple AirPods Pro (2nd Generation) Wireless Earbuds

      Apple Lightning to USB Cable

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      FREE NEWSLETTER

       

      Follow Us

      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2023 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Venture Capital

      © 2023 ustechtimes.com