Ki Hydrogen, a Carbon13 graduate, has secured a significant £470,000 Innovate UK grant for their innovative method of producing green hydrogen from waste biomass through direct electrolysis. This approach stands out for its cost-competitiveness at approximately $2/kg, which is notably lower than traditional methods like water electrolysis. Additionally, Ki Hydrogen's process is more energy-efficient, requiring 50% less energy. The company's founders, Koji Muto, Michael Stanton, and Carl Banbury, have developed a technology that not only converts waste biomass such as paper, wood, or by-products from brewing into green hydrogen but also yields valuable chemical co-products, offering alternative revenue streams. CEO Koji Muto expressed delight in winning the grant, emphasizing the project's innovation and scalability, with the potential for significant national and international impact. The company aims to advance its biomass electrolysis technology further to achieve cost-competitive green hydrogen production. Investors like Louis Warner from G-Force have shown confidence in Ki Hydrogen, recognizing them as a leading team on a practical path towards sustainable hydrogen production.