Hydrogen Mem-Tech´s technology separates hydrogen from bio and natural gas, and the capital will accelerate commercialization and growth in the years to come.
Trondheim-based company Hydrogen Mem-tech has raised over €16M (170MNOK) in funding from many major investors including AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and SINTEF Venture. The company's palladium membrane technology enables the production of pure hydrogen from biogas and natural gas. This funding will help the company's growth. Additionally, Yara Growth, having its first investment in Norway, is planning to make more.
AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and SINTEF Venture are putting their trust and investment into Hydrogen Mem-Tech (HMT). HMT's palladium membrane technology