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Koloma, which extracts naturally occurring hydrogen from underground deposits, added Khosla Ventures, Amazon and United as key backers in its biggest funding round. ....
ARPA-E is doling out grants to top energy labs, universities and private companies including Koloma to find the best ways to tap naturally occurring hydrogen. ....
As studies show far more natural hydrogen underground than believed, well-funded efforts to drill for the gas are underway around the globe. Boosters see a plentiful green replacement for fossil fuels, but skeptics say its large-scale use may not be practical or cost-effective. ....