AP Ventures has secured a USD 34 million investment in C-Zero, aimed at launching a pilot plant for carbon-free hydrogen production from natural gas.
Information on the Target
C-Zero is an innovative company focused on producing hydrogen through a groundbreaking process that utilizes natural gas while eliminating carbon dioxide emissions. The company plans to utilize the newly raised funds to establish its first pilot plant, which aims to produce up to 400 kilograms of hydrogen per day. This ambition positions C-Zero at the forefront of sustainable energy solutions, addressing both the rising demand for clean energy and the urgency of reducing greenhouse gas emissions.
By leveraging advanced technology, C-Zero’s processes align with global trends toward decarbonization and the shift to more sustainable energy sources. The establishment of the pilot plant signifies a crucial step forward in demonstrating the viability of its emissions-free hydrogen production on a practical scale.
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Industry Overview in the Target’s Specific Country
The hydrogen production industry is currently undergoing significant evolution, particularly in areas focusing on sustainability and carbon reduction. Governments and private sectors are increasingly recognizing the potential
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C-Zero
in 2022
in a Other VC deal
Disclosed details
Transaction Size: $34M