Green hydrogen remains more expensive than fossil-based hydrogen because electrolysers have high capital costs, energy losses and scaling constraints.
R&D Focus
Water electrolysis, electrolyser stack design and green hydrogen production.
Innovative Solution
Newtrace develops novel electrolyzers for affordable green hydrogen production at scale.
Solution Effectiveness
Newtrace states that VoltaGen can reduce specific energy use by up to 9.5 kWh/kg H2 and hydrogen cost by up to INR 60/kg. Its complete alkaline stack is rated at 44.4 kWh/kg with hydrogen purity above 99.9%.
Investment Funding
Last Funding Stage
Seed
Total Funding Amount
6.64M
Last Funding Amount
5.65M
Last Funding Date
31-05-2023
Startup Stage
Seed
Lead Investors
Peak XV Partners, Speciale Invest, Aavishkaar Venture Capital, Axilor Ventures, Micelio Fund
Revenue
$1M to $10M
About
Newtrace develops novel electrolyzers for affordable green hydrogen production at scale.
