Elcogen, a company focused on solid oxide technology crucial for the green energy transition, recently announced a significant investment of €5 million from SmartCap, an Estonian venture capital fund. This investment, received by Elcogen as a portfolio company of HydrogenOne Capital Growth Plc, is aimed at bolstering Elcogen's hydrogen technology operations and scaling up production. The move indicates a strong vote of confidence in Elcogen's growth potential in the hydrogen market. HydrogenOne Capital Growth Plc, known for investing in clean hydrogen technologies, is listed in London and focuses on making investments that have a positive environmental impact. The fund's support for Elcogen's strategic expansion underscores the importance of solid oxide technology in the transition towards green energy. The investment is expected to pave the way for Elcogen to further establish itself in the hydrogen sector, contributing to the overall goals of sustainability and innovation in the clean energy landscape.