Protonas Expansion: Empowering North America's Power Grid and India's Transportation Sector
Key Ideas
  • Protonas, a startup specializing in hydrogen fuel cell solutions, secured seed funding from Transition VC to expand operations in North America and Asia.
  • The investment aims to kickstart manufacturing in Chennai, India, and accelerate the creation of prototype systems for various applications.
  • Transition VC's strategic investment aligns with their focus on deep-tech solutions impacting the energy sectors in the US and India, particularly emphasizing the importance of hydrogen fuel cells for India's sustainable energy transition.
  • Protonas plans to strengthen its presence in North America by providing backup power solutions and collaborate with Indian transportation companies to develop carbon-neutral vehicles.
Protonas, a startup specializing in PEM hydrogen fuel cell solutions, has received undisclosed seed funding from Transition VC to expand its operations in North America and Asia. With a vision to deliver cost-effective hydrogen fuel cell technology for diverse applications, Protonas, founded by industry veteran David DeVries, is gearing up to manufacture in Chennai, India, and advance prototype systems development. Transition VC's investment strategy focuses on supporting deep-tech solutions impacting the energy sectors in the US and India, highlighting the significance of hydrogen fuel cells in India's move towards sustainable energy solutions. Raiyaan Shingati, Co-founder & Managing Partner of Transition VC, expressed excitement about enabling cost-efficient hydrogen fuel cells across multiple sectors by backing Protonas. Protonas aims to boost its market presence in North America through backup power solutions and collaborate with Indian transportation and delivery companies to pioneer carbon-neutral vehicles.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.