Vema Hydrogen, a startup focusing on revolutionizing the hydrogen industry, has recently closed a $13 million Series Seed investment round. This investment was co-led by Extantia and Propeller, with the participation of other investors like Zero Carbon Capital and Pace Ventures. Vema Hydrogen aims to produce clean and affordable hydrogen by leveraging naturally occurring reactions in the subsurface and enhancing them through innovative technology. The company projects a levelized cost of hydrogen below $1/kg with a low energy requirement, making hydrogen a feasible solution for decarbonizing challenging sectors. The investment will be instrumental in advancing Vema Hydrogen's mission and research capabilities to demonstrate the viability of geologic hydrogen production at scale. The demand for hydrogen is predicted to grow substantially by 2050, driven by climate goals and various industries' needs. Vema's 'orange hydrogen' approach offers a sustainable solution to meet this rising demand while overcoming limitations of other hydrogen alternatives. The collaboration between Vema Hydrogen, Extantia, and other investors signifies a significant milestone towards achieving global decarbonization and promoting clean energy sources.