VSParticle Secures Investment to Revolutionize Green Hydrogen Production
Key Ideas
- VSParticle raised €6.5 million in an extension round led by NordicNinja and Plural to advance nanoparticle synthesis and deposition tools for material discovery.
- Their technology enables rapid production of nanoparticles, reducing material discovery time from 10 years to only one year, supporting the mass production of catalyst-coated Porous Transport Layers crucial for green hydrogen production.
- Customers across the globe, including prestigious institutions, are utilizing VSParticle's Nanoprinter to accelerate material development, achieve 10x savings in scarce metals, and introduce new products faster and cheaper.
- The investment will enhance VSP's technology to increase printer output, expand to Japan, and bolster operations in the US and Europe, facilitating the market launch of components supporting green hydrogen production by 2027.
VSParticle, a provider of nanoparticle synthesis and deposition tools, has secured a €6.5 million A2 extension round led by NordicNinja and previous investor Plural. The company's technology allows for the breakdown of materials into nanoparticles at the push of a button, significantly accelerating material discovery for university researchers and commercial R&D teams. By reducing the time needed for material discovery from up to 10 years to just one year, VSP's technology is aiding in the mass production of catalyst-coated Porous Transport Layers essential for green hydrogen production. Green hydrogen is key to reducing reliance on fossil fuels and fostering sustainability in various industries.
The flagship product, the VSP-P1 Nanoprinter, has been deployed to institutions worldwide, enabling teams to expedite material development for innovative industrial solutions. Customers are leveraging VSP printers to create new material combinations for PTLs, achieving substantial savings in scarce metals like iridium and accelerating product introduction. By 2027, components developed using VSP's technology are expected to enter the market, supporting the production of green hydrogen.
The investment will further enhance VSP's technology, aiming to increase printer output by up to 100 times, expand operations to Japan, and strengthen presence in the US and Europe. The company's mission to revolutionize material innovation, particularly in the realm of green hydrogen production, has garnered positive support from investors and industry stakeholders, highlighting the potential for significant advancements in decarbonization efforts and sustainable solutions.
Topics
Production
Sustainable Future
Expansion Plans
Decarbonization Efforts
Technology Investment
AI Integration
Nanoparticle Synthesis
Material Innovation
R&D Acceleration
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