
ULEMCo
A supplier of retrofitted hydrogen hybrid combustion technology for commercial vehicles.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | £5.0m | Early VC | |
Total Funding | 000k |
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ULEMCo, founded in 2014 and based in Liverpool, specializes in converting vehicles, machines, and equipment to run on zero carbon hydrogen fuel. The company operates in the transport sector, focusing on heavy-duty utility vehicles such as HGVs (Heavy Goods Vehicles). ULEMCo's primary clients include municipal councils and large fleet operators who are looking to reduce their carbon footprint. The company’s business model revolves around providing hydrogen conversion services and establishing hydrogen hubs across the UK and beyond. ULEMCo generates revenue through conversion contracts and ongoing maintenance services. In 2023, ULEMCo secured a significant contract with Aberdeen City Council to convert their HGV fleet to hydrogen, validating their strategy of creating scaled demand for hydrogen in transport. The company is in a growth phase, driven by increasing recognition of hydrogen as a viable solution for decarbonizing transport.
Keywords: hydrogen, vehicle conversion, zero carbon, heavy-duty fleets, HGV, transport, decarbonization, hydrogen hubs, fleet operators, municipal councils.