SENCO, a private equity firm with a focus on hydrogen and the energy transition sector, has made a substantial investment of €20 million in Strohm B.V., a leading Dutch company specializing in the development of innovative pipelines for traditional and renewable energy applications. This investment, which comes after the initial funding round of SENCO's Hydrogen Equity Fund, signifies a strategic move towards sustainable and future-proof energy supplies. Carsten Schmeding, SENCO's CEO, expressed the importance of supporting technologies that reduce carbon footprints, emphasizing the critical role of such advancements in the hydrogen economy and renewable energy sector. Strohm's expertise in thermoplastic composite pipelines (TCP) positions it as a market leader in eco-friendly solutions for the offshore energy industry. The partnership between SENCO and Strohm is seen as a catalyst for further advancements in energy transformation, particularly in the realm of hydrogen and CCUS (carbon capture, utilization, and storage). By joining forces with SENCO, Strohm gains resources to scale its technologies and drive expansion in alignment with sustainability goals. The involvement of key industry players like Chevron Technology Ventures, Evonik Venture Capital, and Shell Ventures, among others, further strengthens Strohm's position and underscores the industry's support for low carbon initiatives. Strohm's CEO, Martin van Onna, highlighted the collaborative potential to develop innovative solutions that address the current challenges and contribute to a sustainable future. The investment by SENCO is not only a financial boost but also a vote of confidence in Strohm's pioneering efforts to reduce CO2 emissions. With a growing focus on growth-oriented companies driving energy transition, SENCO's investment in Strohm marks a significant milestone in advancing sustainable energy solutions and shaping the future of the energy industry.