California Catalysts, formerly known as H2U Technologies, has recently closed a $3 million Series A-2 funding round to drive the commercialization of advanced materials for electrolysis, with a focus on enhancing Green Hydrogen production. The total amount raised by the company now stands at $18 million. The funding round saw the participation of existing investors such as Volo Earth Ventures, Dolby Family Ventures, and new investors like Acario Innovation and MOL Switch. Calicat is deploying these funds to productize their non-Iridium catalysts and coatings for PEM electrolysis cells, crucial for Green Hydrogen production. The company, which spun out of Caltech four years ago with the goal of commercializing DOE-funded research, uses a unique set of AI models and physical testing methods to accelerate electrocatalyst discovery, a process that previously took years and can now be achieved weekly. By partnering with industry leaders like SoCal Gas and Tokyo Gas, Calicat has already made significant progress in the minerals-constrained industry of Green Hydrogen production. Jourdan Urbach, the CEO of Calicat, highlighted the company's focus on lowering the levelized cost of Hydrogen (LCOH) for industry players through innovative catalysts and coatings. The aim is to reduce operational expenses (OpEx) and enable better capital expenditure (CapEx) amortization. Key investors, such as Acario Innovation and Freeflow Ventures, expressed excitement about Calicat's potential in advancing hydrogen energy and contributing to a cleaner, more sustainable future. With a strong emphasis on AI-driven material discovery, Calicat aims to revolutionize the industry by significantly reducing costs and enhancing the pace of sustainable material development, thus making Green Hydrogen more accessible and affordable.