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Gen2 Energy Secures $72.

Recently funded · $72.8M GrantUtilitiesNOView source

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The push for green energy in Europe just got a significant boost, with Gen2 Energy securing a $72.8M grant from the EU. The funding will support the company's mission to develop, build, and operate an integrated value chain for green hydrogen, aiming for large-scale production based entirely on renewable energy.

Gen2 Energy plans to distribute this green hydrogen in liquified form, creating a new market channel for unutilized renewable energy and helping European power producers make better use of their clean output. The company emphasizes a minimal environmental footprint, targeting zero-emission production and distribution.

We tracked more than 60 global Climate Tech deals last week.

Here are the top 7 ⬇️ Portland-based Panthalassa raised a $140M Series B round from Peter Thiel, John Doerr, and Marc Benioff’sTimeVentures, and others to complete its pilot manufacturing facility near Portland and accelerate deployment of its Ocean-3 series of nodes for AI inference computing at sea using wave-generated power. Norway-based Gen2 Energy received $72.8M in EU funding to build a rene

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Biggest recent Energy rounds

Largest funding rounds in Energy on Signalbase right now.

#CompanyAmount
1
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Sunrun

United States

$11.0B
2
Aurora Energy Research logo

Aurora Energy Research

United Kingdom

€9.5B
3
GB Energy logo

GB Energy

United Kingdom

£8.3B
4
Fuse Energy logo

Fuse Energy

United Kingdom

$5.0B
5
Elcogen logo

Elcogen

Estonia

€4.8B

Other recent Grant rounds

Companies that recently closed a Grant round.

#CompanyAmount
1
Sixteen South logo

Sixteen South

United Kingdom

$100.0K
2
DoMore Diagnostics logo

DoMore Diagnostics

Norway

$10.8M
3
Inovāt logo

Inovāt

United States

$100.0K
4
Utah Broadband logo

Utah Broadband

United States

$23.0M
5
Darkhive logo

Darkhive

United States

$49.7M