Powering the Future: P2H2 Bags $20M to Fuel Hydrogen Innovations
London, Wednesday, 2 April 2025.
P2H2 secures a hefty $20 million in Series A funding to turbocharge hydrogen tech and form exciting partnerships. It’s a brilliant move spotlighting the rise of hydrogen energy!
Major Funding Success
I’m excited to share that Power to Hydrogen (P2H2) has just secured a remarkable milestone in their journey. On March 31st, 2025, they successfully closed their Series A funding round, raising more than $20 million [1]. This achievement comes on the heels of their strategic partnership with Air Liquide Venture Capital (ALIAD) established just weeks ago [1].
Growing Investment Landscape
The timing of P2H2’s funding success couldn’t be better. I’ve been tracking the climate tech investment landscape, and it’s fascinating to see how venture capital firms are increasingly backing hydrogen innovations. Just look at how SET Ventures closed their Fund IV at €200M in September 2024, while Future Energy Ventures secured €110M for their Fund II in January 2024 [2]. This surge in investment shows the growing confidence in hydrogen technology solutions.
Industry Momentum
The hydrogen sector is buzzing with activity. Just yesterday, Norwegian Hydrogen took a final investment decision on their green hydrogen plant in Rjukan [3]. This development, alongside P2H2’s funding success, demonstrates the rapidly evolving hydrogen landscape. As someone who’s been following the industry closely, I can tell you that we’re witnessing a remarkable transformation in how investors view hydrogen technology [GPT].
Looking Ahead
In the broader context of climate tech investments, P2H2’s success aligns with a larger trend. Major players like Engie New Ventures are making substantial commitments, as evidenced by their recent €60M investment in hydrogen initiatives [2]. The sector’s momentum suggests we’re at the beginning of a significant shift in energy technology investment [GPT].