Fundraise

Durham spinout H2CHP raises £1.5M for fuel-flexible clean energy generators

What's the deal? H2CHP, a clean energy spinout from Durham University, has raised £1.5M in funding to develop generators that can run on multiple fuel types, including hydrogen. Northstar Ventures led the investment into the company, which is building combined heat and power (CHP) systems designed to offer flexible, low-carbon energy generation.

The signal: The raise reflects growing investor appetite for energy technologies that bridge the gap between today's fossil fuel infrastructure and a future hydrogen economy. Fuel-flexible generators — systems that don't bet on a single energy source — could prove especially attractive as businesses and policymakers hedge against uncertainty over which clean fuels will dominate.

Read more: northstarventures.co.uk

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