What is HiiROC?
HiiROC is at the forefront of the sustainable energy transition, specializing in the production of green hydrogen. Headquartered in Kent, United Kingdom, the company was established with the mission to decarbonize industries through innovative hydrogen fuel technology. Its approach focuses on providing a reliable and cost-effective source of hydrogen, addressing the critical need for cleaner energy alternatives in the face of climate change. The company's operations are geared towards scaling production to meet growing global demand for sustainable fuels.
How much funding has HiiROC raised?
HiiROC has raised a total of $34.5M across 1 funding round:
Unspecified
$34.5M
Unspecified (2021): $34.5M with participation from VNG, Melrose, HydrogenOne, Kia, Hyundai Motor Company, Wintershall Dea, and Centrica
Key Investors in HiiROC
VNG
VNG is an entity operating within a cutting-edge ecosystem, focusing on delivering enhanced and simplified online experiences through its diverse range of products and services.
Melrose
Melrose is a London-based industrial company established in 2003, specializing in the acquisition and improvement of manufacturing businesses, particularly in aerospace and other industrial sectors.
HydrogenOne
HydrogenOne is a dedicated investment firm focused on the burgeoning hydrogen economy, providing capital to companies advancing hydrogen technologies and applications.
What's next for HiiROC?
With the recent influx of major strategic investment, HiiROC is poised for significant growth and operational scaling. The capital infusion is anticipated to bolster its production capabilities, expand its market reach, and further its research and development efforts in hydrogen technology. This strategic backing from prominent industry players suggests a strong market validation for HiiROC's business model and its potential to become a leader in the clean hydrogen economy. The company's trajectory indicates a focus on solidifying its position as a key enabler of industrial decarbonization.
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