News

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...
Hydrogen startup Utility Global nets $25M
Utility Global, a Texas-based industrial hydrogen startup, raised $25 million in Series B funding and appointed Claus Nussgruber as CEO.