A Glasgow-based green hydrogen startup has successfully raised over £1 million in pre-seed funding. This investment will support the development of groundbreaking technology with the potential to transform the industry.
Clyde Hydrogen has devised a new way to deliver high pressure green hydrogen safely at scale and at low cost – with its ‘breakthrough decoupled electrolyser technology’.
The startup aims to rapidly grow its product and has successfully raised over £1 million in a funding round. Key supporters include Zinc, the University of Glasgow, and various strategic angel investors.
The investment marks a significant vote of confidence in Clyde Hydrogen’s mission to develop cutting-edge hydrogen production solutions that promise to significantly reduce carbon emissions and advance the global transition to a sustainable energy future.
The company’s collaboration with the University of Glasgow provides Clyde Hydrogen access to world-class research facilities and expertise in renewable energy technologies, while Zinc’s involvement brings strategic investment acumen and an established network of industry connections.
Clyde Hydrogen’s breakthrough decoupled electrolyser technology delivers high pressure green hydrogen safely at scale and at low cost. This has the potential to match renewable energy with hydrogen production in a more productive way than currently possible – solving one of the industry’s biggest challenges to date.
Dr Jos Trehern, chairman of Clyde Hydrogen, said:
“This funding is not just a financial boost but a validation of our vision to make green hydrogen accessible and cost effective. With the support of Zinc, the University of Glasgow and angel investors, we are poised to accelerate our research and development efforts and bring our innovative solutions to market.”
Paul Kirby, co-founder and CEO at Zinc, said:
“At Zinc, we believe in the importance of investing in deep science innovation to solve our most pressing environmental issues. Clyde Hydrogen represents exactly the kind of disruptive technology we look to support — one that has the potential to revolutionise the energy landscape and reduce reliance on fossil fuels. We’re excited to be part of the team at Clyde Hydrogen on its journey to impact.”
Melville Anderson, head of IP and commercialisation, University of Glasgow, said:
“The University of Glasgow is proud to support Clyde Hydrogen in their innovative endeavours to transform the hydrogen energy landscape. This partnership aligns with our commitment to advancing sustainable and renewable energy adoption. We believe that Clyde Hydrogen’s ground-breaking approach to hydrogen production will play a crucial role in achieving a carbon-neutral future.”