Green hydrogen firm Ohmium closes $250 million Series C fundraise
Ohmium International, a green hydrogen company said that it has closed a $250 million Series C growth equity financing. The US-based firm designs, manufactures and deploys advanced proton exchange membrane (PEM) electrolyzer systems.
The funding will be used to support Ohmium’s expansion to 2 GW in annual manufacturing capacity and the deployment of projects for the company’s growing global customer pipeline in key regions including the U.S., Europe, India and the Middle East.
The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise. It also included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.
