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15 Aug
11:54

bp leads funding round for water vapour electrolyser innovator

British oil giant bp has led a Series A investment round into Advanced Ionics to help commercialise water vapour electrolyser technology for heavy industry, Kallanish reports. The $12.5 million fundraising was led by bp ventures, but also included Clean Energy Ventures, Mitsubishi Heavy Industries and GVP Climate. bp’s announcement on Tuesday did not specify investment values by investors. The US electrolyser innovator claims its technology will help addr…
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