SoHHytec, solar to hydrogen conversion, secures seed funding of USD 2 Million led by FUND4SE.
SoHHytec SA, a Swiss cleantech startup with unique technology for green hydrogen production, announces that it has successfully raised USD 2 Million in seed round financing led by Singapore based Fund for Sustainability and Energy (FUND4SE PTE LTD). This seed round will enable product development and deployment for the industrial use case.
SoHHytec’s technology enables decentralized production of Hydrogen, along with oxygen, electricity and heat, without any CO2 emissions and with unprecedented solar-to-hydrogen conversion efficiency.
The technology is a result of more than eight years of extensive research and development and is now ready to be applied to industrial use. SoHHytec has already won several entrepreneurship awards and previously secured a total of ~1.6 M USD in non-dilutive funding which fueled the development of its artificial tree ‘Arb’ system. This seed financing provides further support to expedite industrial deployment, and for the commercialization and industrialization of SoHHytec’s products.