Oort Energy, a UK-based next-generation hydrogen electrolyser developer, today announced that it has closed its oversubscribed £5M Seed raise led by Energy Revolution Ventures (ERV), an early-stage electrochemistry specialist investor. This funding augments approximately £800k in non-dilutive grants awarded to the company by various UK and EU government bodies. The major Seed round investors include TRIREC, an Asian based decarbonisation fund, as well as a corporate strategic investor. The funding will support the set-up of the company’s electrolyser stack manufacturing facility and the deployment of their first fully compliant demonstrator to produce green hydrogen from renewable energy.

Founded by electrolyser industry veterans, Oort Energy’s mission is to drive down the cost of green hydrogen for a sustainable future. The company’s products produce clean hydrogen gas from water and renewable electricity.