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PuriFire Energy raised £2.7 million in seed funding led by HICO Investment Group to set up a pilot project for converting wet feedstocks into green methanol by mid-2025.

PRIVATEAug 30, 2024

Amount Raised

£2.7 Million

Round Type

Seed

CambridgeEnergyOil And GasRenewable EnergyBiomass Energy

Investors

Abhishek DesaiR&R InvestmentsBulnes CapitalHICO Investment Group

Description

PuriFire Energy, based in Cambridge, has secured £2.7 million in seed funding to develop sustainable green hydrogen and methanol solutions. The investment led by HICO Investment Group will help establish a pilot project aimed at utilizing anaerobic digestion liquids and other feedstocks.

Quick answer

PuriFire Energy raised £2.7 Million in a Seed round, dated August 30, 2024. Investors: Abhishek Desai, R&R Investments, Bulnes Capital and HICO Investment Group. PuriFire Energy is based in Cambridge, England, United Kingdom.

How much did PuriFire Energy raise?
PuriFire Energy raised £2.7 Million in a Seed round on August 30, 2024.
Who invested in PuriFire Energy?
Abhishek Desai, R&R Investments, Bulnes Capital and HICO Investment Group are named as investors in this round.
What does PuriFire Energy do?
PuriFire Energy is pioneering the production of green hydrogen and green methanol to decarbonise the global shipping and chemicals industries.
Where is PuriFire Energy based and how big is it?
PuriFire Energy is based in Cambridge, England, United Kingdom.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as PuriFire Energy that raised within 45 days of this round, from Fundz verified event records.

  • Eversource Energy raised $89M (Grant) on August 19, 2024.
  • Aerleum raised $6M (Seed) on October 14, 2024.
  • Logan Energy raised $4M (Seed) on October 3, 2024.
  • GeoPura Limited raised $29M (Debt Financing) on September 30, 2024.
  • Ayrton Energy raised $6.8M (Seed) on September 24, 2024.
  • Hgen raised $5M (Seed) on September 17, 2024.

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Company Information

Company

PuriFire Energy

Location

Cambridge, England, United Kingdom

About

PuriFire Energy is pioneering the production of green hydrogen and green methanol to decarbonise the global shipping and chemicals industries. PuriFire's transformative technology streamlines the production of green hydrogen and biogenic carbon dioxide, for the conversion of green methanol and other sustainable fuels.

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