1s1 Energy, a green hydrogen production technology company, has successfully closed a $1.4 million Seed funding round. Founded in 2019, the company aims to make green hydrogen affordable and scalable for industries critical to decarbonisation efforts. Their innovative electrolyser technology, utilizing boron-based materials, offers higher efficiency and durability, thereby reducing costs. This advancement allows for the creation of more compact systems, particularly beneficial for industries like steel production. 1s1 Energy is currently collaborating on a $2.3 million electrolysis stack project with Brazilian companies as part of the Aneel P&D program. This initiative, supported by Companhia Estadual de Geração e Transmissão de Energia Elétrica (CEEE-G) and Companhia Siderúrgica Nacional (CSN), aims to further enhance green hydrogen production. The company's CEO highlighted how their technology advancements are bringing green hydrogen closer to practical implementation in heavy industries. The funding, led by Faber Ventures and Asiri LLC, will assist in scaling R&D operations, expanding the team, and developing second-generation electrolysers for increased efficiency. Overall, 1s1 Energy is poised to play a significant role in decarbonising challenging industries through their cutting-edge electrochemical cell technology.