Here's the 19-slide pitch deck Jolt, a climate tech startup curbing the cost of hydrogen power, used to raise $6 million
The startup just secured a $6.4 million Series A from impact investors Climentum and Ship2B.A Barcelona-based startup hoping to make hydrogen power cheaper, more efficient, and durable, just nabbed 6 million euros in Series A funding.
Sustainable hydrogen is expected to play a big role in the decarbonized world. McKinsey tipped demand to reachElectrodes are the"heart" of hydrogen, Jolt cofounder and CEO Leon Rizzi told Insider, but they are"genuinely not fit for purpose." Current processes of making electrodes are slow and energy intensive, which makes them expensive, Rizzi said. The startup hopes to bring down the cost of alkaline and AEM-activated electrodes, its current focus, while also increasing durability.
Layers of coating can lead to cracking and flaking, which means electrodes can deactivate or become less efficient, and aren't as durable as they should be, Rizzi added."It's like saying we're going to sell you a car that does 100 miles an hour this year at the next 60 the year after. Oh, in about four or five years, it's gonna break and you're gonna have to replace the whole motor.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Climate change isn’t just about climate | PennLive lettersThe healthier our planet, the healthier we all become.
Weiterlesen »
That Atlantic story about CNN's Chris Licht should be scaring Elon MuskInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Weiterlesen »
BuzzFeed could get kicked off Nasdaq because its stock price is so lowInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Weiterlesen »
Biden finally ends debt ceiling danger by signing bipartisan billBiden signed the debt ceiling bill, marking the end to tense negotiations that brought the country to the brink of default
Weiterlesen »
'The Flash' has secret ending WB is trying to keep under wraps: report'The Flash' reportedly has a 'secret ending' that Warner Bros. is trying to keep from leaking before it hits theaters
Weiterlesen »
Costco isn't raising member fees even though they're due for a hikeInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Weiterlesen »