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Hydrogen Mem-Tech, based in Trondheim, Norway, specializes in the design and production of palladium membrane technology for the separation of clean hydrogen from natural gas, biogas, and various other gas mixtures. The company's compact and scalable systems aim to provide a low-cost method for businesses worldwide to extract hydrogen, while also exploring technology to transform ammonia into hydrogen for transport applications. In 2023, Hydrogen Mem-Tech significantly expanded its operational capabilities by completing a state-of-the-art commercial production facility, which increased its production capacity by approximately 10 times. The organization successfully raised 170 million NOK in Series B funding from a syndicate of prominent investors, including AP Ventures, Yara Growth Ventures, Shell Ventures, and Saudi Aramco Energy Ventures. Thomas Reinertsen founded Hydrogen Mem-Tech in 2017.
Hydrogen Mem-Tech has raised $17.0M across 1 funding round.
Hydrogen Mem-Tech has raised $17.0M in total across 1 funding round.
Hydrogen Mem-Tech has raised $17.0M in total across 1 funding round.
Hydrogen Mem-Tech's investors include AP Ventures.
Hydrogen Mem-Tech is a Norwegian technology company specializing in palladium membrane technology for clean hydrogen separation from natural and biogas, enabling efficient hydrogen production integrated with carbon capture.[1][2][4] Founded in 2017 in Trondheim, it has raised $17.47M in unattributed VC funding, recently expanded production with a state-of-the-art facility in 2023, and secured major investments from AP Ventures, Saudi Aramco Energy Ventures, Shell Ventures, Yara Growth Ventures, PEAK Sustainability Ventures, and SINTEF Venture V, including a NOK 170M round announced in 2024.[1][2][3]
The company serves energy-intensive sectors like transportation (fuel cells for vehicles, trucks, buses, trains, ships) and industrial processes requiring ultra-pure hydrogen, solving challenges in hydrogen purification, cost reduction, and CO2 capture from syngas processes.[1][3][4] Its palladium separators transform biogas and natural gas into high-purity hydrogen, driving decarbonization with compact, scalable systems that cut equipment needs and process costs.[2][3]
Hydrogen Mem-Tech emerged from years of research and development on palladium membranes at Reinertsen, leading to its founding in 2017 in Trondheim, Norway's tech hub.[2] CEO Thomas Reinertsen, with deep energy industry roots, leads a team blending decades of expertise, scientific research, and innovation passion.[2][3] Early pivotal moments include completing a commercial production facility in 2023 with 10x production speed gains via automation, followed by global investor backing and a major NOK 170M funding round in May (noted in 2024 coverage), fueling rapid scaling amid rising hydrogen demand.[1][2][3]
Hydrogen Mem-Tech rides the global green hydrogen transition, capitalizing on trends like net-zero goals, biogas utilization, and fuel cell adoption in hard-to-abate sectors such as heavy transport and industry.[1][2][3] Timing aligns with surging investments in hydrogen infrastructure—its backers like Shell and Aramco signal oil majors' pivot to low-carbon fuels—amid market forces like EU/Norwegian subsidies, falling renewable costs, and CO2 taxes favoring integrated capture tech.[3] It influences the ecosystem by enabling profitable hydrogen from existing gas streams, accelerating decarbonization without full infrastructure overhauls and fostering a "pure hydrogen economy."[2][4]
Hydrogen Mem-Tech is poised for explosive growth, with capacity expansions, automation investments, and global sales targeting key markets to meet anticipated demand.[3] Trends like hydrogen economy scaling, advanced fuel cells, and digital optimization will shape its path, potentially evolving it into a membrane tech leader as production hits commercial volumes. Watch for board additions like Samir Shah boosting strategy amid 2024 funding momentum—unlocking low-carbon futures starts with separators like theirs.[1][3]
Hydrogen Mem-Tech has raised $17.0M across 1 funding round. Most recently, it raised $17.0M Series U in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2022 | $17M Series U | — | AP Ventures | Announced |