Vema Hydrogen, a startup focused on revolutionizing the hydrogen industry with Stimulated Geologic Hydrogen, recently closed a $13 million Series Seed investment round co-led by Extantia and Propeller. This funding will propel their efforts in producing cheap and clean hydrogen through innovative technology that offers a levelized cost of hydrogen below $1/kg with low energy requirements. The company aims to address the growing demand for hydrogen, driven by climate targets and various applications in industries like steel production, transportation, aviation, and energy generation. Vema's approach, known as 'orange hydrogen', is positioned as a cleaner and more affordable alternative to traditional hydrogen production methods, aligning well with the need for abundant and clean hydrogen sources. Investors like Zero Carbon Capital and the Grantham Foundation support Vema's vision, recognizing the potential of their technology in enabling global decarbonization. Extantia and Mintz are actively involved in backing Vema Hydrogen, highlighting the significance of their mission to harness natural chemical reactions for sustainable energy production.