Investment in Battolyser Systems strengthens the energy transition and Dutch manufacturing industry in the hydrogen sector

Invest-NL proudly announces an investment of € 8.2 million in Battolyser Systems, an innovative scale-up developing the world's first hundred percent flexible alkaline electrolyser system with battery functionality for green hydrogen production. This investment concludes a Series A funding round of € 30 million, following earlier participation from Global Cleantech Capital and Innovation Industries. The Series A funding will enable Battolyser Systems to further develop and bring their technology to market. This deal underscores our commitment to accelerating the energy transition and strengthening the Dutch manufacturing industry, with a specific focus on growing the hydrogen sector.

Green hydrogen plays a crucial role in the transition to a sustainable energy supply. Battolyser Systems, a spin-off from TU Delft, unlocks hundred percent green hydrogen production. Their patented system can both store electricity and produce hydrogen, enhancing the flexibility and stability of the energy grid.

With this investment, we are not only supporting the scaling of groundbreaking technology but also fostering the further development of the Dutch manufacturing industry. The production and export of these systems will contribute to the international positioning of the Netherlands as a leader in hydrogen technology.

Reda Atibi,investment manager at Invest-NL: "We believe that Battolyser Systems' electrolyser with battery functionality technology has unique characteristics that will contribute to the transition from grey to green hydrogen markets. Our investment in Battolyser Systems is a strategic step in our mission to accelerate the energy transition in the Netherlands and support clean technologies that contribute to a future-proof economy. We look forward to working with Battolyser Systems to accelerate their growth."

This investment marks an important step in advancing the hydrogen market. We believe the hydrogen sector will play a vital role in achieving our climate goals. Battolyser Systems is well-positioned to take a leading role in this effort.

(This page was translated with the help of A.I.)