Hydrogen separation technology startup Hydrogen Mem-Tech Raises Undisclosed Amount Funding

London-based AP Ventures and Peak Sustainability Ventures have co-led a strategic investment in Hydrogen Mem-Tech, a firm developing hydrogen separation technology. Peak now owns 10.5% of the company, making them an essential partner in Hydrogen Mem-Tech's global expansion and goal of promoting sustainable energy solutions.

Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures, and SINTEF are among the well-known climate investors that back the Norway-based Hydrogen Mem-Tech.

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The money will be used to grow operations, build a new hydrogen separation unit with five times the present capacity, and speed up the production of green hydrogen worldwide, with an emphasis on making the technology viable for India's energy industry, according to a news statement.

With its cutting-edge hydrogen separation technology combined with carbon capture, Hydrogen Mem-Tech, which was founded in 2017, seeks to spearhead the green transition.

The company's main offering, Palladium Separators is a patented technology that turns natural and biogas into pure hydrogen for use in a variety of applications, such as industrial operations and automobile fuel cells. This technique makes it possible to separate and purify ultra-pure hydrogen for use in fuel cells found in cars, trucks, buses, trains, and ships. 

Samir Shah will become a member of the board of directors of Hydrogen Mem-Tech. With notable cost and efficiency benefits, the company's membrane-based separation technology offers an effective way to extract hydrogen from a variety of gas streams for green ammonia applications. According to Hydrogen Mem-Tech, this invention will significantly aid in accomplishing international sustainability objectives.

A venture capital fund with an emphasis on sustainability, Peak Sustainability Ventures seeks to invest ground-breaking inventions in fields including climate technology, new energy, water, and food systems. Businesses like Proeon, SustLabs, and Indra Water are part of its portfolio.

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