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24 May

Hydrogen start-up funding surpasses $1 billion year-to-date

Hydrogen start-ups have raised over $1 billion in venture capital in the first four months of 2024 globally, already reaching two-thirds of last year’s investments, a new study reveals. According to platform Crunchbase, so far this year, 17 funding rounds accumulated $1.03 billion, compared to 56 rounds totalling $1.4 billion in 2023. Looking at data from the past five years, hydrogen funding peaked at $2.29 billion across 67 rounds in 2022, recording stron…
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