HYDGEN, a pioneer in decentralized green hydrogen production, has successfully closed a seed funding round raising nearly SGD 2 million. The investment, led by Cloudberry Pioneer Investments, aims to accelerate HYDGEN's mission of providing cost-effective, on-site green hydrogen production to industries. The company's breakthrough lies in its Anion Exchange Membrane (AEM) electrolyzers, which offer lower costs, scalability, high efficiency, and operational flexibility when compared to traditional electrolyzer technologies. The funding will be utilized for initiatives such as setting up a 2 MW capacity manufacturing facility in India, developing a 25 kW single-stack AEM electrolyzer, and expanding markets in India and Southeast Asia. HYDGEN's focus on decentralized hydrogen production targets industries facing challenges with centralized supply chains, aiming to tap into the growing $43 billion green hydrogen market. With an emphasis on self-sufficiency, reduced transportation costs, and emissions, HYDGEN's technology is set to revolutionize the accessibility of green hydrogen in the region. The positive sentiment towards HYDGEN's technology is evident from the support received from investors and industry experts, who recognize its potential to drive cost-effective adoption in the high-demand Asian markets.