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Venture Capital Deals: August 11, 2022

Houston-based Utility Global, a sustainable hydrogen company, closed its Series B funding round, raising $25 million in growth capital. Ara Partners led the round with participation from Aramco, Samsung Ventures and NOVA.

H2 startup, Utility Global secures $25-MM Series B funding, appoints Claus Nussgruber as CEO

Utility Global, the sustainable H2 company pioneering the electroless coupled exchange reduction oxidation (eXERO) conversion process, announced its $25-MM Series B funding round for the commercialization of the H2GEN sustainable H2 line of products. The funding round...

Houston startup raises $25M

Utility Global, founded in 2018, has developed a clean hydrogen solution. The proprietary tech — called the eXERO Technology Platform — includes a zero electricity process that converts sustainable waste streams into high-purity hydrogen. Additionally, the company...
Venture Capital Deals: August 11, 2022

Venture Capital Deals: August 11, 2022

Houston-based Utility Global, a sustainable hydrogen company, closed its Series B funding round, raising $25 million in growth capital. Ara Partners led the round with participation from Aramco, Samsung Ventures and NOVA.

Venture Capital Deals: August 11, 2022

Venture Capital Deals: August 11, 2022

Houston-based Utility Global, a sustainable hydrogen company, closed its Series B funding round, raising $25 million in growth capital. Ara Partners led the round with participation from Aramco, Samsung Ventures and NOVA.

Houston startup raises $25M

Houston startup raises $25M

Utility Global, founded in 2018, has developed a clean hydrogen solution. The proprietary tech — called the eXERO Technology Platform — includes a zero electricity process that converts sustainable waste streams into high-purity hydrogen. Additionally, the company...

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