Revolutionizing Hydrogen Production: EVOLOH Secures $20 Million in Funding for Efficient and Low-Cost Clean Energy Solutions

EVOLOH, a Clean Technology Startup, Secures $20 Million Funding for Affordable Clean Hydrogen Technology

EVOLOH, a California-based cleantech startup, has announced that it successfully raised $20 million in funding to further develop its innovative solution for efficient and low-cost clean hydrogen production. The company’s manufacturing technology is based on liquid alkaline technology that utilizes common materials like steel, plastic, and aluminum instead of precious metals or rare earth materials.

Established in 2020, EVOLOH specializes in manufacturing high-performance electrolyzer stacks, which are essential components of hydrogen production. With the new funding, the company intends to enhance its manufacturing technology and introduce new features for its Nautilus solution. The CEO and founder of EVOLOH, Dr. Jimmy Rojas, believes that this funding round will position the company as a leader in electrolyzer manufacturing by producing cost-effective and efficient hardware using local supply chains.

The funding was led by Engine Ventures with participation from investors such as NextEra Energy Resources and 3M Ventures. Katie Rae, the CEO and Managing Partner at Engine Ventures, sees EVOLOH as having significant potential to revolutionize electrolyzer technology and manufacturing processes within the cleantech sector. She praises the company’s founding team and early partnerships, indicating that EVOLOH is a valuable addition to Engine Ventures’ portfolio of cleantech and advanced manufacturing companies.

Sophia Reynolds

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