Steel, chemicals, and other heavy industries need lower-cost hydrogen and emissions reduction without relying entirely on new renewable-electricity infrastructure.
R&D Focus
Industrial off-gas conversion, electrochemical reactors, onsite hydrogen, syngas, and decarbonization process integration.
Innovative Solution
H2Gen uses industrial process gases and water in an electrochemical platform to produce low-carbon hydrogen onsite.
Investment Funding
Last Funding Stage
Series C
Total Funding Amount
$78.3M
Last Funding Amount
$48.3M
Startup Stage
Growth Stage
Lead Investors
Saint-Gobain NOVA, Aramco Overseas Company, Aramco Ventures, Nova Televizia, Plug and Play Tech Center
People
Founders
Jin Dawson Ph.D
David Hall Ph.D
CEO
Claus Nussgruber
About
Utility Global is a developer of clean energy generation systems designed to reduce emissions, produce hydrogen, and improve productivity
Products
Product
H2Gen industrial hydrogen-production platform.
Star Product
H2Gen – converts existing industrial gas streams into lower-carbon hydrogen at the point of use.
Demo Product or Complete Product?
Industrial demonstration and commercial deployment stage.
Future Plan
Market Expansion
Series D capital is intended to support global deployment of the industrial decarbonization platform.
Investment Funding
Announced a $100 million first close of Series D financing in 2026.
M&A and Collabs
Collab
SAMJIN E&I – deployment and market development for low-carbon hydrogen in South Korea.
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