Portuguese startup 1s1 Energy has successfully secured a $1.4 million funding round to support its green hydrogen initiatives. The company has embarked on a $2.3 million PEM electrolysis stack validation project, in collaboration with key partners in Brazil. These partners include Faber Ventures, Asiri LLC, Rumbo Ventures, City Light, and Gibson Lane. The project, part of Brazil's Aneel P&D program, involves testing various capacities of the firm's electrolysis stacks, developing software, and creating a laboratory-scale balance of plant. The goal is to validate the performance and durability of the electrolyser technology, integrating innovative boron-based materials to enhance efficiency. 1s1 Energy's CEO, Daniel Sobek, highlighted the significance of this project in advancing green hydrogen solutions for heavy industries. With the funding secured and support from major players like CEEE-G and CSN, the company aims to make significant strides in decarbonization efforts. Through their participation in the Annel P&D program, 1s1 Energy and its partners seek to access the operational efficiency of the electrolysers, setting the stage for potential commercial collaborations. Investors, led by Faber Ventures, expressed enthusiasm for 1s1 Energy's approach to sustainable energy production, emphasizing the transformative potential of green hydrogen. The positive sentiment surrounding the funding round and the project underscores the growing interest and investment in clean energy technologies. By leveraging innovative materials and strategic partnerships, 1s1 Energy is poised to drive impactful change in the energy sector, particularly in the pursuit of decarbonization and sustainability.