Amount Raised
£5 Million
Round Type
Seed
Investors
Description
Oort Energy, a UK-based next-generation hydrogen electrolyser developer, today announced that it has closed its oversubscribed £5M Seed raise led by Energy Revolution Ventures (ERV), an early-stage electrochemistry specialist investor. This funding augments approximately £800k in non-dilutive grants awarded to the company by various UK and EU government bodies. The major Seed round investors include TRIREC, an Asian based decarbonisation fund, as well as a corporate strategic investor. The funding will support the set-up of the company's electrolyser stack manufacturing facility and the deployment of their first fully compliant demonstrator to produce green hydrogen from renewable energy.
Quick answer
Oort Energy raised £5 Million in a Seed round, dated June 7, 2023. Investors: Trirec and Energy Revolution Ventures.
- How much did Oort Energy raise?
- Oort Energy raised £5 Million in a Seed round on June 7, 2023.
- Who invested in Oort Energy?
- Trirec and Energy Revolution Ventures are named as investors in this round.
- What does Oort Energy do?
- Oort Energy is a manufacturer of green hydrogen systems for energy storage and clean fuel.
- Who are the decision-makers at Oort Energy?
- Fundz holds 1 contact at Oort Energy. 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 Oort Energy that raised within 45 days of this round, from Fundz verified event records.
- Nel Hydrogen raised an undisclosed amount (Funding Round) on July 10, 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.
- Aptera Motors raised $79K (Seed) on June 20, 2023.
- CubicPV raised an undisclosed amount on June 13, 2023.
Who to call at Oort Energy, and when
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- An alert the day Oort Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Oort Energy, from your own LinkedIn network
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Related People
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