1s1 Energy, a green hydrogen production technology company, has successfully raised $1.4 million in seed funding to drive advancements in the field. Founded in 2019, the company is dedicated to making green hydrogen a feasible solution for industries crucial to global decarbonization efforts. The company's unique approach involves utilizing boron-based materials in electrolyser technology, resulting in more compact and cost-effective systems. This innovation enables green hydrogen to become a practical choice for sectors like steel production, which play a significant role in decarbonization initiatives. Moreover, 1s1 Energy has teamed up with Companhia Estadual de Geração e Transmissão de Energia Elétrica and Companhia Siderúrgica Nacional in a $2.3 million electrolysis stack project under Brazil's Aneel P&D program. The company's CEO, Daniel Sobek, highlighted the transformative potential of their technology in revolutionizing PEM technology through boron-based materials. The seed funding, led by Faber Ventures and Asiri LLC, among others, will enable 1s1 Energy to expand its research and development operations significantly. By focusing on enhancing its green hydrogen technology using boron-based materials, the company aims to accelerate the decarbonization of heavy industries such as steel manufacturing. The investment will also facilitate the development of second-generation electrolysers operating at higher temperatures to improve efficiency and reduce production costs. Additionally, the funding will support the growth of 1s1 Energy's team with top talent in chemistry, engineering, and green energy solutions. This strategic move will aid the company in achieving its goals of advancing technology deployment and meeting the rising demand for sustainable energy solutions. By targeting industries that are challenging to decarbonize, 1s1 Energy is paving the way for green hydrogen to become a scalable and practical choice for a low-carbon future.