Nel Asa: Receives Additional Funding From Us Department Of Defense, Engineer Research And Development Center- Construction Engineering Research Laboratory (Erdc-Cerl)
Round Type
Funding Round
OsloManufacturingEnergyRenewable EnergyInvestors
Description
Reference made to the press release dated October 4, 2022. Nel Hydrogen US, a subsidiary of Nel ASA (Nel: NEL) (OSE: NEL), has been granted an additional USD 5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL).
Quick answer
Nel Hydrogen raised an undisclosed amount in a Funding Round round, dated July 10, 2023. Investors: Engineer Research And Development Center Construction Engineering Research Laboratory and Us Department Of Defense. Nel Hydrogen is based in Oslo, Oslo, Norway.
- How much did Nel Hydrogen raise?
- Nel Hydrogen raised an undisclosed amount in a Funding Round round on July 10, 2023.
- Who invested in Nel Hydrogen?
- Engineer Research And Development Center Construction Engineering Research Laboratory and Us Department Of Defense are named as investors in this round.
- What does Nel Hydrogen do?
- Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange.
- Where is Nel Hydrogen based and how big is it?
- Nel Hydrogen is based in Oslo, Oslo, Norway. Fundz records about 394 employees.
- Who are the decision-makers at Nel Hydrogen?
- Fundz holds 1 contact at Nel Hydrogen. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Nel Hydrogen that raised within 45 days of this round, from Fundz verified event records.
- Electra Battery Materials Corporation raised $6.1M on August 11, 2023.
- GlassPoint raised $8M (Series A) on July 31, 2023.
- Materials Nexus raised $2.6M (Seed) on July 26, 2023.
- Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
- Ascent Solar Technologies raised $900K (Seed) on June 29, 2023.
- Carbon Recycling International raised an undisclosed amount (Funding Round) on June 27, 2023.
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