Climate Insider’s Post

German startup Sunfire, led by Nils Aldag, has secured €500m in Series E financing, including equity, debt, and grants, to expand its green hydrogen production technology. This funding comprises €215m in equity from investors such as LGT Private Banking, GIC, Ahren Innovation Capital, and Carbon Equity, along with €200m in grants and €100m in debt from the European Investment Bank (EIB). The company specialises in electrolysers powered by renewable energy, offering an environmentally friendly alternative to the fossil fuel-based hydrogen manufacturing prevalent today. #Sunfire #GreenHydrogen #RenewableEnergy #SeriesE #Funding #HydrogenEconomy #EU #EIB #Electrolysers #ClimateAction #SustainableTechnology #EuropeanInnovation #CleanEnergy #FutureProof #Investment #CarbonNeutral #GreenTech #greenhydrogen