TLDR:
- Hydrogen technology startups have secured over $1 billion in venture investment in the past four months
- Investors’ increasing interest in green hydrogen is driven by government incentives, technological advancements reducing costs, and favorable market conditions
Hydrogen technology startups have attracted over $1 billion in venture capital funding in the last four months, exceeding two-thirds of the total funding for last year. Notable investments include Hysata, Koloma, and other well-funded startups listed by Crunchbase. The global initiatives to drive green hydrogen growth, such as the EU Commission’s approval of a German scheme and India’s ambitious goals for green hydrogen production, highlight the potential for the industry. The surge in funding reflects the growing momentum and promise of green hydrogen technology.
