“Verne’s cryo-compressed hydrogen storage tech scores backing from big name investors” April 23, 2024 - TAMI HOOD “A strategic fundraise is the boost Verne needs to accelerate its #H2technology development.” “Verne’s innovative #hydrogenstoragetechnology has received new funding from Trucks Venture Capital, Collaborative Fund, Amazon’s Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, and Newlab. This latest investment (in addition to grant funding) brings the leading developer of #highdensityH2storagesystems’ total funding to $15.5 million. The funding will help Verne speed up development of its #CcH2 (#cryocompressedhydrogen ) tech.” “Verne is dedicated to overcoming the #H2heavydutytransport challenge. Verne is developing its #CcH2technology for #onboardhydrogenstorage for #heavydutyvehicles . Since it was first established in 2020, the company has been committed to solving the challenge heavy-duty transportation fleets face transitioning from diesel to costly #zeroemission tech.” “Verne’s #highdensityH2storage allows heavy-duty transport vehicles to reach the range and payload equal to that of diesel. The company’s #cryocompressedhydrogentech #cools and #compresseshydrogen to attain the maximum #hydrogendensity at 73 g/L internal density. This is reportedly a 33 percent improvement over #liquidH2 and an 87 percent improvement over traditional 700 bar #compressedgasH2 .” “The boosted density results in better range and payload. In short, the company’s tech allows #semitrucks the ability to achieve range that’s equivalent to #diesel over 900 miles, with no extra weight added to the system.” https://lnkd.in/ePYbXxfy? Source- original post Read all my posts #MariusPreston
Marius Preston
9mo
“Verne’s #highdensityH2storage allows heavy-duty transport vehicles to reach the range and payload equal to that of diesel. The company’s #cryocompressedhydrogentech #cools and #compresseshydrogen to attain the maximum #hydrogendensity at 73 g/L internal density. This is reportedly a 33 percent improvement over #liquidH2 and an 87 percent improvement over traditional 700 bar #compressedgasH2 .” “The boosted density results in better range and payload. In short, the company’s tech allows #semitrucks the ability to achieve range that’s equivalent to #diesel over 900 miles, with no extra weight added to the system.” https://lnkd.in/ePYbXxfy?
Marius Preston
9mo
“Verne’s cryo-compressed hydrogen storage tech scores backing from big name investors” April 23, 2024 - TAMI HOOD “A strategic fundraise is the boost Verne needs to accelerate its #H2technology development.” “Verne’s innovative #hydrogenstoragetechnology has received new funding from Trucks Venture Capital, Collaborative Fund, Amazon’s Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, and Newlab. This latest investment (in addition to grant funding) brings the leading developer of #highdensityH2storagesystems’ total funding to $15.5 million. The funding will help Verne speed up development of its #CcH2 (#cryocompressedhydrogen ) tech.” “Verne is dedicated to overcoming the #H2heavydutytransport challenge. Verne is developing its #CcH2technology for #onboardhydrogenstorage for #heavydutyvehicles . Since it was first established in 2020, the company has been committed to solving the challenge heavy-duty transportation fleets face transitioning from diesel to costly #zeroemission tech.”
ManyMangoes 🥭
9mo
Love this insightful perspective on entrepreneurship and social change. To amplify these efforts, consider implementing strategic partnerships with tech incubators to encourage innovation and provide technical support, enhancing your business's ability to create large-scale social impact.
LLM MBA Hons BCom - Performance Management and Reporting Manager at Sasol
9mo“Verne is dedicated to overcoming the #H2heavydutytransport challenge. Verne is developing its #CcH2technology for #onboardhydrogenstorage for #heavydutyvehicles . Since it was first established in 2020, the company has been committed to solving the challenge heavy-duty transportation fleets face transitioning from diesel to costly #zeroemission tech.” “Verne’s #highdensityH2storage allows heavy-duty transport vehicles to reach the range and payload equal to that of diesel. The company’s #cryocompressedhydrogentech #cools and #compresseshydrogen to attain the maximum #hydrogendensity at 73 g/L internal density. This is reportedly a 33 percent improvement over #liquidH2 and an 87 percent improvement over traditional 700 bar #compressedgasH2 .”