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Jolt Activated Electrodes

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Cost-effective, durable catalytic electrodes for green hydrogen

Tarragona, SpainFounded 2022Energy
Valuation $25–50M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Jolt Activated Electrodes

Jolt Activated Electrodes (Jolt.tech) is a deep-tech company spun out from the Institute of Chemical Research of Catalonia (ICIQ) in 2022. The company was founded by serial entrepreneur Leon Rizzi, COO Arturo Vilavella, CTO Dr. Alberto Bucci, and Chief Scientist, ICREA Professor Julio Lloret Fillol. The founders combined entrepreneurial experience with scientific expertise in catalysis and electrochemistry to address a key bottleneck in the green hydrogen sector.

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Jolt has developed a proprietary catalytic coating process called Sparkfuze™. This technology applies nanocrystal catalyst layers to electrodes through a rapid, low-power exothermal reaction that takes less than a minute. The process impregnates and fuses catalysts into the substrate, creating highly durable and efficient electrodes. This method aims to replace slower, energy-intensive, and more expensive traditional electrode production techniques. The Sparkfuze™ technology allows for the reduction or elimination of precious and critical raw materials like platinum and iridium. Jolt’s electrodes have demonstrated a lifespan of over 10 years, a significant improvement over the 3-5 year lifespan of incumbent products.

The company's primary market is manufacturers of electrolyzers for green hydrogen production, including alkaline water electrolysers (AWE) and anion exchange membrane (AEM) electrolysers. Jolt's business model includes supplying electrodes at volume from its production facilities and deploying dedicated, automated production lines directly at customer sites for just-in-time delivery. The company's first GW-scale factory began operations in Barcelona in 2024. In addition to green hydrogen, Jolt is expanding into other markets, including water treatment, disinfection, CO2 electrolyzers, redox flow batteries, chlor-alkali, and electrowinning.

Jolt has secured significant funding to scale its operations. A Series A round in June 2023 raised €6 million, led by Climentum Capital, with participation from Ship2B Ventures and Axon Partners Group. This was followed by a €6 million Series A+ round in December 2025, with investors including CDP Venture Capital and Santander Innoenergy. The company also received a $10 million grant from the Chilean government agency Corfo to build a manufacturing line in Chile to support Latin America's green hydrogen industry. Total funding has reached over $25 million.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
Tarragona, Spain
Sector
Energy

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Ship2B Ventures
  • Climentum Capital
  • Axon Partners Group
  • Santander Asset Management
  • CDP Venture Capital
  • Santander Climate Fund

Series B and later1 investor entered at this stage

  • Avancsa
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇪🇸 Spain90.5%
🇨🇱 Chile4.8%
🇮🇹 Italy4.8%
3 countries shown

Market sentiment

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