Tallinn, Estonia – Stargate Hydrogen, a manufacturer of innovative electrolyser stacks and systems, announces the successful completion of its series A funding round, raising 11 million Euros in equity investments from strategic customers and financial investors.

Affordable green hydrogen is the key to decoupling the production of chemicals and commodities (like steel) from CO2 emissions. Stargate Hydrogen is developing reliable production equipment that will radically bring down the cost of green hydrogen by operating at higher efficiency compared to the existing solutions. Instead of precious metals, Stargate is using ceramic-based catalyst material that allows to lower energy consumption while keeping the investment needs low.

Stargate has developed a proprietary stack technology, focused on increasing the reliability of hydrogen production across the project lifecycle and minimizing the degradation of the equipment. Those innovations improve the unit economics of the company’s products and raise the return on investment for the green hydrogen project developers.