Hydrogenious LOHC Technologies, based in Germany, recently underwent a strategic realignment resulting in a management restructuring and a successful fundraising round of over €17 million. The funding was secured from prominent investors like AP Ventures, Temasek, Winkelmann Group, Covestro, Chevron Technology Ventures, and Anglo American Platinum. This financial injection is designated to support the implementation of planned projects and further expand the company's innovative technology. The management changes within Hydrogenious include Daniel Teichmann assuming the role of Executive Chairman, responsible for the company's long-term strategic direction and financing. Andreas Lehmann steps in as the Chief Executive Officer to lead the operational strategy and corporate functions. Caspar Paetz is appointed as the Chief Technology Officer, focusing on enhancing the LOHC technology through research, development, and innovation. Stefan Buerkle takes on the role of Chief Operating Officer, overseeing the company's operational business for its LOHC assets. Hydrogenious' LOHC technology, which binds hydrogen to thermal oil benzyltoluene, enables efficient storage and transport of hydrogen through existing liquid fuel infrastructure. This technology is seen as a critical component in large-scale hydrogen imports via maritime supply chains and is receiving significant support from policies and legislation at both the federal and EU levels. Daniel Teichmann expressed gratitude for the support from investors, emphasizing the importance of LOHC technology in the decarbonization of industry and energy transition. Additionally, a partnership between Hydrogenious and India's ACME Group aims to develop large-scale hydrogen supply chains using LOHC technology to decarbonize various sectors like industry, energy, and mobility. This collaboration involves storing green hydrogen produced by ACME in LOHC and transporting it to Europe for utilization across different applications.