Protium Green Solutions Secures £31M for Global Green Hydrogen Expansion
Key Ideas
- Protium Green Solutions secures £31 million in Series B funding, a crucial step towards advancing hydrogen-powered solutions globally.
- The funding will aid Protium in scaling its green hydrogen production and supply, contributing to carbon neutrality across supply chains.
- Partnerships with key investors like Barclays, SWEN, ITOCHU, and Toho Gas demonstrate confidence in Protium's mission and innovative approach.
Protium Green Solutions, a UK-based green hydrogen provider, has closed the first round of its £31 million Series B funding. This investment signifies a significant milestone for Protium in its journey to promote green hydrogen globally and accelerate the transition to carbon neutrality. The company focuses on delivering tailored hydrogen solutions for industrial and transportation clients. Their recent hydrogen production facility demonstrates practical and scalable solutions. Key stakeholders including Barclays, SWEN, ITOCHU, and Toho Gas have expressed support for Protium's mission and innovative approach. Noteworthy is the endorsement from industry leaders like ITOCHU, highlighting Protium's unique business model and potential for international expansion, particularly in Asian markets. The UK's supportive policies and commitment to large-scale hydrogen projects have provided a fertile ground for Protium's growth, positioning the country as a global leader in hydrogen adoption. Protium's 'Sampo-yoshi' philosophy—ensuring benefits for all stakeholders—has resonated well with investors, attracting strategic partnerships to support its vision for sustainable energy solutions.