Hydgen, a Singapore-based decentralized green hydrogen production company, raised nearly SGD 2M in Seed funding.
The round was led by Cloudberry Pioneer Investments, with participation from the National University of Singapore (NUS), TK & Partners, and angel investors.
The company intends to use the funds to accelerate the adoption of modular, decentralized hydrogen solutions, bringing clean energy to industries that need it most.
Hydgen is a developer of anion exchange membrane (AEM) electrolyzers, designed to enable affordable, decentralized green hydrogen production. Their advanced systems offer efficiency and operational flexibility, a compact footprint, and reduced supply chain risk by avoiding the use of rare earth metals. By eliminating reliance on centralized supply chains, its technology makes clean hydrogen accessible and scalable for industries of all sizes.
FinSMEs
17/02/2025