European Hydrogen Valleys 2024 Key Data
Participating investors have contributed over €12 Billion in total investments in the past.
Tech Tour has just announced the selected companies for the European Hydrogen Valleys Investment Forum 2024. Twenty-nine promising emerging companies working the hydrogen sector were chosen out of a large pool of applicants by a Selection Panel of 35+ active investors, using a collaborative scouting and review methodology. (See the companies below.)
Key data of participating investors and selected companies:
Investor commitment: The participating investors collectively have made 1,075 investments in the past, contributing to €12.7 Billion. These investors comprise 62% investment funds and 38% corporates.
Total funding achieved: The selected companies have historically raised €139 Million, mostly in seed investments.
Top countries by selected companies: The selection spans across Europe, with Germany leading with 6 companies. Latvia and Spain follow with 4 and 3 companies respectively.
Most represented subsectors: The companies are primarily distributed across key subsectors, with clean energy accounting for 30%. Energy production and energy storage each represent 17% of the selected companies. The transportation sector follows, comprising 13%.
For more insights see the Infogram below.
The selected companies will present their innovative technologies at the European Hydrogen Valleys event on 5 and 6 September 2024 in Riga, Latvia. The event is supported by our partners: Hydrogen Europe, Latvian Hydrogen Association, Clean Hydrogen Partnership, Investment and Development Agency of Latvia, Riga City Council, Riga Digital Agency, and Embassy of the Kingdom of the Netherlands.
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