aragon-hydrogen-foundation-european-hydrogen-investment-forum-2024

European Hydrogen Valleys 2024 Investment Program: a success in Riga

October 2024

The European Hydrogen Valleys 2024 Investment Program concluded with a successful event in Riga, Latvia, on September 5th and 6th. This initiative aimed to foster collaboration, investment, and innovation within the hydrogen sector.

A Platform for Hydrogen Startups

The event brought together leading investors, industry experts, and Europe's most promising hydrogen startups. These innovative companies presented their solutions, showcasing the potential of hydrogen to drive the green energy transition.

Significant Investment Impact

With over €12 billion in total investments from participating investors, the program has played a crucial role in supporting the growth of the hydrogen sector. The 29 selected companies, having already raised €139 million, are developing cutting-edge technologies to address the challenges and opportunities within the hydrogen market.

Recognizing Innovation

Eight companies were awarded for their exceptional solutions and presentations. A jury of experts and investors selected these companies, which have the potential to revolutionize the hydrogen industry:

  • Atmen: A SaaS platform streamlining green hydrogen certification.
  • Green Independence: A climate tech startup focused on decentralized green hydrogen production.
  • Hydrofy: A platform facilitating the transition to hydrogen-based mobility for fleet operators.
  • Naco Technologies: Enhancing hydrogen systems with innovative nano coatings.
  • Norwegian Hydrogen: Driving the green transition with hydrogen infrastructure development.
  • Sakowin: A deeptech company pioneering CO2-free hydrogen production using methane plasmalysis.
  • Stargate Hydrogen: Offering turnkey solutions for global hydrogen projects with its innovative Stardust catalyst.
  • STOFF2: Developing integrated electrolyzers with energy storage for secure and cost-effective green hydrogen production.