Molten Industries
Commercializing breakthrough technology to produce the lowest-cost, cleanest hydrogen to decarbonize heavy industrial sectors such as steel, fertilizer, fuels, and plastics.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $25.0m | Series A | |
| Total Funding | 000k | ||
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Molten Industries is a pioneering startup that is revolutionizing the hydrogen production industry with its innovative technology. The company's primary focus is on producing clean, low-cost hydrogen, a critical component in various industries including energy, fertilizer, fuels, and steel production. Currently, the production of hydrogen is a significant contributor to carbon dioxide emissions, with each ton of hydrogen produced resulting in 10 tons of carbon dioxide. Molten Industries aims to significantly reduce these emissions, potentially displacing up to 30% of global emissions.
The company's market primarily consists of the world's chemical and heavy industries, which collectively produce 100 million tons of hydrogen annually for use in fertilizer, chemicals, plastics, and other applications. Molten Industries' technology offers these industries a more environmentally friendly alternative to traditional hydrogen production methods.
The business model of Molten Industries is centered around commercializing its breakthrough technology. By offering a cleaner, more cost-effective solution for hydrogen production, the company stands to gain a significant share in a market that is increasingly conscious of its environmental impact.
The company is led by co-founder and CEO Kevin, an environmentalist and aspiring inventor from the Pacific Northwest. Kevin's mission for the past decade has been to decarbonize energy infrastructure, a goal that is clearly reflected in the work of Molten Industries.
Keywords: Hydrogen Production, Clean Energy, Carbon Dioxide Emissions, Environmental Impact, Chemical Industry, Heavy Industry, Breakthrough Technology, Decarbonization, Energy Infrastructure, Cost-effective Solution.