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ITM Power
About
ITM Power designs and manufactures Hydrogen Energy Systems for Energy Storage and Clean Fuel production.
- 251 - 500
Details
- Last Funding Type
- Post-IPO Equity
- Last Funding Money Raised
- £250M
- Industries
- Clean Energy,Energy,Manufacturing
- Founded date
- Jun 1, 2001
- Number Of Employee
- 251 - 500
- Operating Status
- Active
ITM Power designs and manufactures Hydrogen Energy Systems for Energy Storage and Clean Fuel production.ITM Power is committed to clean sustainable energy solutions based around water electrolysis. Our principal motivation is to engineer zero-carbon hydrogen energy systems that provide energy security and independence from fossil fuels.ITM's electrolyser and fuel cell technologies have the potential to become the cornerstones of a future hydrogen economy based on 'green' hydrogen. Our hydrogen systems are able to convert renewable energy to a clean fuel, that can be indefinitely stored for use in transport, residential and industrial applications
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 19, 2022 | Grant | £9.30M | 1 |
|
— | Detail |
| Oct 14, 2021 | Post-IPO Equity | £250M | 1 | — | — | Detail |
| Apr 1, 2004 | Series Unknown | — | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Grant |
Investec
|
— | Post-IPO Equity |
Octopus Ventures
|
— | Series Unknown |
