Investible Backs DeCarice: Revolutionizing Heavy-Duty Diesel Engines with Hydrogen Technology
Key Ideas
- Investible's Climate Tech Fund invests in DeCarice, supporting their hydrogen injection technology to reduce carbon emissions in heavy-duty diesel engines.
- DeCarice's innovative technology can replace up to 90% of diesel fuel, potentially cutting carbon emissions by 85% in challenging sectors like mining and transportation.
- The partnership aims to scale DeCarice's hydrogen engine technology globally, offering a practical, near-term solution for industries transitioning to cleaner fuel sources.
- Developed at the University of New South Wales, DeCarice's patented dual-direct injection system promises substantial emission reductions without compromising engine performance.
Investible, an Asia-Pacific venture capital firm, has invested in DeCarice, a company focusing on hydrogen injection technology to reduce carbon emissions in heavy-duty diesel engines. The investment was made through Investible's Climate Tech Fund, marking its 29th investment in under three years and solidifying its position as an active investor in the climate tech sector in the region. DeCarice's technology has the potential to replace a significant portion of diesel fuel, offering a viable solution for industries like mining and transportation to reduce carbon emissions by up to 85%. The partnership aims to scale DeCarice's technology globally, providing a scalable and practical approach for industries struggling with decarbonisation challenges. Developed at the University of New South Wales, DeCarice's dual-direct injection system has been rigorously tested, peer-reviewed, and patented to ensure emission reductions while maintaining engine performance. With the growing demand for green hydrogen globally, DeCarice is poised to make a significant impact on worldwide decarbonisation efforts, attracting interest from major engine manufacturers and industrial fleet operators. Investible's Climate Tech Fund focuses on supporting early-stage companies addressing climate change, further emphasizing their commitment to innovative solutions in the fight against climate change.
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Asia
Technology
Innovation
Carbon Emissions
Investment
Decarbonisation
Global Impact
Venture Capital
Climate Tech
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