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Oort Energy Raises $6.2 Million in Seed Funding Round to Revolutionize Renewable Energy Semiconductor Manufacturing

Oort Energy Raises $6.2 Million in Seed Funding Round to Revolutionize Renewable Energy Semiconductor Manufacturing

June 9, 2023

London, United Kingdom – Oort Energy, a cutting-edge manufacturer of green hydrogen systems for energy storage and clean fuel, announced today that it has successfully raised $6,225,125 in a seed funding round led by Energy Revolution Ventures and TRIREC.

Oort Energy is dedicated to addressing the major cost barriers of green hydrogen and is at the forefront of innovation in the renewable energy semiconductor manufacturing industry. With its breakthrough electrolyzer system, the company has achieved exceptional efficiency, durability, scalability, and class-leading cost-effectiveness.

The funding will play a crucial role in advancing Oort Energy's mission of transforming the renewable energy landscape. The company will utilize the raised capital to expand its manufacturing capabilities, bolster research and development efforts, and strengthen its position as a global leader in green hydrogen solutions.

"We are thrilled to have secured this significant funding in our seed round," said Nick Van Dijk, Founder of Oort Energy. "This investment not only validates our vision but also enables us to accelerate the development and deployment of our innovative electrolyzer system. With the support of Energy Revolution Ventures and TRIREC, we are confident in our ability to revolutionize renewable energy semiconductor manufacturing."

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