Innova Cleantech
Decarbonizing the Energy Sector with Innovative and Proprietary Hydrogen Producing Technology.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | N/A | Seed | |
| Total Funding | 000k | ||
Innova Hydrogen Corp. is a pioneering company in the energy sector, focusing on the production of clean hydrogen energy through innovative technology. The company operates primarily in the clean energy market, aiming to decarbonize the energy sector by converting natural gas into high-purity hydrogen. This process is unique because it requires zero water and oxygen inputs and produces zero carbon dioxide emissions, making it both cost-effective and environmentally friendly.
Innova Hydrogen serves a diverse range of clients, including industrial manufacturers, energy providers, and governmental bodies interested in sustainable energy solutions. The company’s business model revolves around the production and sale of hydrogen and its by-products, such as customizable graphite and graphene. These by-products are in high demand due to their quality and versatility in various industrial applications.
The company generates revenue by selling its hydrogen and by-products to clients who are looking for cleaner energy alternatives and high-quality materials. Additionally, Innova Hydrogen benefits from grants and funding, such as the $1.2 million non-repayable grant awarded for a joint research project with the University of Alberta. This funding supports the development and scaling of their technology, further positioning the company as a leader in the global hydrogen market.
Innova Hydrogen is strategically positioned in Calgary, Alberta, Canada, and is part of the region's first hydrogen hub, a $2 million initiative aimed at making Canada a global leader in hydrogen energy. The company’s innovative approach and strategic partnerships are key to its growth and success in the clean energy sector.
Keywords: Clean Hydrogen, Decarbonization, Natural Gas Conversion, Zero Emissions, Cost-Effective Energy, Graphite, Graphene, Industrial Applications, Canadian Hydrogen Hub, Sustainable Energy Solutions.