Matteco, a cleantech startup originating from the University of Valencia and affiliated with Zubi Labs, has recently secured a significant €15 million Series A investment round to advance its development of high-performance catalysts, catalytic coatings, and electrodes crucial for producing renewable hydrogen through alkaline electrolysis and Anion Exchange Membrane (AEM) technologies. The company's core focus lies in addressing the cost challenges associated with green hydrogen production, aiming to optimize both operational expenses and equipment investments. Matteco's innovative platinum-free materials are pivotal in achieving lower energy consumption in electrolysers, increased current densities, and enhanced stability and durability. These advancements contribute to enhancing the competitiveness of green hydrogen compared to traditional fossil fuels. The successful funding round, coupled with the addition of new investors within just a year of its establishment, underscores Matteco's promising growth trajectory in the cleantech sector. Led by a consortium of national and international family offices dedicated to impact investing, including Grupo ASV from Spain, Napali from Chile, and Zubi from Spain, Matteco is well-positioned to scale its operations globally. The company already serves customers across Europe, North America, and Asia and has ambitious plans to expand its workforce significantly by 2025. Moreover, the investment will facilitate the establishment of a sizable 10,000 square meter catalyst and electrode factory in Paterna, Valencia, enabling Matteco to manufacture electrodes equivalent to 1 gigawatt annually. Iker Marcaide, the co-founder and CEO of Matteco, expressed enthusiasm for the upcoming growth phase, emphasizing the importance of collaborating with partners who share a strong belief in impact investing and the transformative potential of materials innovation in addressing environmental challenges. The company's strides in revolutionizing green hydrogen production represent a notable contribution to the global shift towards sustainable energy solutions.