Mintz, a litigation powerhouse and business accelerator, spotlights Vema Hydrogen, a startup focused on revolutionizing the hydrogen industry by producing clean and affordable hydrogen. Vema Hydrogen recently closed a $13 million Series Seed investment round led by Extantia and Propeller, with other investors such as Zero Carbon Capital, Pace Ventures, and Marble joining in. This funding will help Vema Hydrogen demonstrate the feasibility of large-scale geologic hydrogen production. The company's technology targets a levelized cost of hydrogen (LCOH) of less than $1/kg with minimal energy requirements, making hydrogen an attractive option for decarbonizing industries. The investors recognize the growing demand for hydrogen, driven by climate targets and various sectors like steel production, transportation, and energy storage. Vema's approach, termed 'orange hydrogen,' aims to meet this demand sustainably and affordably. Mintz is proud to collaborate with Extantia to support Vema Hydrogen in their pursuit of clean and cost-effective hydrogen production through natural chemical reactions, contributing to global decarbonization efforts.