28 July 2021 21:38 GMT Updated 28 July 2021 22:09 GMT The world’s first clean-hydrogen investment fund “could face a real challenge” after raising less than half as much as money as it planned in its initial public offering (IPO). HydrogenOne Capital Growth had aimed to raise £250m ($348m) from investors, but only managed to reel in £107.35m, just above its minimum raise of £100m. The company is expected to be listed on the London Stock Exchange from 30 July, with net proceeds from the issue due to be about £105.2m. Hydrogen: hype, hope and the hard truths around its role in the energy transition Will hydrogen be the skeleton key to unlock a carbon-neutral world? Subscribe to Accelerate Hydrogen, powered by Recharge and Upstream, and get the market insight you need for this rapidly evolving global market.