VSParticle Secures Funding to Revolutionize Material Innovation for Green Hydrogen Production
Key Ideas
- VSParticle raised a €6.5 million A2 extension round led by NordicNinja and Plural to accelerate material innovation for next-generation products.
- Their technology reduces material discovery time to one year, supporting the development of catalyst-coated Porous Transport Layers essential for green hydrogen production.
- VSP's printers enable the development of new material combinations for PTLs, predicting a tenfold savings in scarce metals and aiding in the shift towards green hydrogen.
- The new funding will be used to enhance VSP's technology for printers with higher output, expand to Japan, and strengthen its presence in the US and Europe.
VSParticle, a key player in nanoparticle synthesis tools, has secured a €6.5 million funding round to drive material innovation for the next decade. Their technology streamlines the process of breaking down materials to nanoparticle size, significantly reducing the time required for material discovery to just one year. Notably, VSP's technology supports the production of catalyst-coated Porous Transport Layers (PTLs) crucial in the creation of green hydrogen, aiming to lessen reliance on scarce resources like platinum and iridium.
By enabling the development of new material combinations for PTLs, VSP's printers are predicted to save ten times more in scarce metals such as iridium, consequently advancing the adoption of green hydrogen solutions. The investment will propel the enhancement of VSP's technology to achieve printers with up to 100 times higher output, facilitating expansion into Japan and reinforcing operations in the US and Europe.
Moreover, the support from investors like NordicNinja and Plural underscores the significance of VSP's role in accelerating material discovery for green hydrogen production and addressing emissions in carbon-intensive industries. The partnership with organizations like the Dutch Institute for Fundamental Energy Research (DIFFER) further solidifies VSP's commitment to advancing sustainable energy research on a global scale. This funding marks a significant milestone for VSParticle, positioning them at the forefront of material innovation to drive the future of green hydrogen and sustainable energy.
Topics
Production
Sustainable Energy
Nanotechnology
Expansion Plans
Global Challenges
Funding Round
Research Teams
Material Innovation
Autonomous Labs
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