In its first hydrogen-related investment, the CEFC committed $750,000 through the Clean Energy Innovation Fund to Hysata’s initial capital raise of $5 million, alongside cornerstone investor IP Group. IP Group is a global technology investor specializing in the commercialization of university research.
Hysata’s advanced electrolyser technology has the potential to significantly improve the efficiency of hydrogen production, an important step in making it a more economic source of clean energy.