Thiozen raises $3M to Commercialize its Low Emission Hydrogen Technology

Thiozen Inc. is leading in low emission hydrogen technology. It is developing a unique solution that would eminently reduce the energy industry's emissions.

 

Thiozen raised $3M in Series Seed Funding. The round was led by Eni Next along with Good Growth Capital and Mount Wilson Ventures. These Series Seed funds will be used to scale its technology to a commercial demonstration.


Thiozen is avoiding the large carbon footprint of traditional hydrogen production by generating hydrogen from a high-volume industrial waste stream and water. Thiozen is commercializing its novel process to produce low cost and low emission hydrogen from hydrogen sulfide and water. Success will promote the energy transition by allowing large energy customers to turn a waste stream into valuable low emission hydrogen gas.


"Thiozen is a pragmatic response to greenhouse gas emissions for the energy industry, a sector that faces perhaps the most difficulty in their path to decarbonization," said Ryan Gillis, CEO of Thiozen Inc. "Commitments to reduce greenhouse gas emissions are just words until the technology that allows these reductions is brought to market. We are excited to be working with a high calibre group of investors that shares our vision of a low carbon world."