Tech Company Financing Transactions
Oort Energy Funding Round
Oort Energy secured a $6.3 million Seed funding round on 6/7/2023. Investors included Energy Revolution Ventures and TRIREC.
Transaction Overview
Company Name
Announced On
6/7/2023
Transaction Type
Venture Equity
Amount
$6,270,000
Round
Seed
Investors
Energy Revolution Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to to build the team, set-up its electrolyser stack manufacturing facility and deploy its compliant demonstrator to produce green hydrogen from renewable energy.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Unit 5 Axis, Hawkfield Business Park Hawkfield Way
Whitchurch, England, BS14 0BY
UK
Whitchurch, England, BS14 0BY
UK
Phone
Undisclosed
Website
Email Address
Overview
Oort Energy is on a mission to globally deploy our electrolyser technology, making green hydrogen economical so market demand drives the transition to net-zero. Green hydrogen is a clean source of energy that will lead to a meaningful reduction in greenhouse gas emissions. Because electrolysis is the key to enabling green hydrogen, a future where it is globally available will only be possible with a disruptive new approach to electrolyser manufacturing, making market adoption cost-effective.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nick Dijk
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