Estonian firm Stargate Hydrogen has successfully raised €11 million in equity investments to advance its innovative electrolyser technology for green hydrogen production. The company aims to revolutionize the industry by scaling up its production equipment, which utilizes ceramic-based catalyst material instead of precious metals, resulting in higher efficiency and reduced energy consumption. Stargate's proprietary stack technology has been endorsed by the European Commission as strategically vital. Noteworthy is their recent partnership with Fortum, a prominent Nordic utility company, for an electrolysis plant project in Finland. The funding round, led by strategic customers and financial investors, signifies strong market confidence in Stargate's approach. With plans to expand manufacturing capacity and establish key partnerships, Stargate Hydrogen is poised to play a significant role in driving the adoption of sustainable energy solutions and reducing the cost of green hydrogen production.