Suiso Raising Venture Capital
Suiso's Funding for Innovative Hydrogen Generator
Key Highlights:
- Funding: Suiso raised £3 million in funding to develop its innovative hydrogen generator.
- Generator Size: Creating generators the size of shipping containers for on-site power generation in factories, hospitals, warehouses, and filling stations.
- Low-Cost, Low-Carbon Energy: Suiso's microwave technology extracts hydrogen from natural gas or biogas while capturing carbon as a byproduct for other applications.
Suiso's Target Market
- Industrial and Commercial Facilities: Factories, hospitals, warehouses, and other energy-intensive facilities seeking sustainable and cost-effective power solutions.
- Hydrogen-Powered Vehicle Infrastructure: Filling stations and infrastructure for refueling hydrogen-powered vehicles.
- Green Energy Adoption: Organizations and industries looking to reduce their carbon footprint and transition to clean energy sources.
What Suiso Needs to Buy
- Research and Development: Continued investment in R&D to enhance and optimize their hydrogen generator technology.
- Manufacturing and Production: Partnerships with manufacturers to produce generators at scale.
- Market Expansion and Partnerships: Collaborations with industrial and commercial facilities, filling stations, and other stakeholders to deploy their hydrogen generators.