What is DiviGas?
Founded in 2020, DiviGas specializes in the development and manufacturing of advanced polymeric membranes designed to efficiently purify hydrogen from various feedstock compositions. The company's technology is crucial for enhancing the purity of hydrogen, a key component in the transition towards cleaner energy sources and industrial processes. By focusing on membrane technology, DiviGas aims to address critical challenges in hydrogen production, offering a scalable and cost-effective solution for a rapidly evolving energy landscape.
How much funding has DiviGas raised?
DiviGas has raised a total of $3.6M across 1 funding round:
Angel/Seed
$3.6M
Angel/Seed (2021): $3.6M with participation from Volta Energy Partners, Revolution Energy Ventures, Albert Wenger, and MANN+HUMMEL
Key Investors in DiviGas
Revolution Energy Ventures
Revolution Energy Ventures LLC (REVe) is a group of energy and efficiency experts from the fields of engineering, finance and planning who are seeking to creatively apply our domain knowledge to the challenges of clean and efficient energy. Our company provides technology and advisory services that support clean energy project development and improvements in energy resource efficiency.
MANN+HUMMEL
Founded in 1941, MANN+HUMMEL develops an array of filtration products and solutions that are used in a variety of applications every day, all across the globe. Amongst others, they apply in motor cars, combine harvesters, compressors, heating, ventilation & air conditioning systems, and in water purification or wastewater treatment systems.
Volta Energy Partners
Undisclosed investor participating in the funding round.
What's next for DiviGas?
The substantial enterprise-level funding indicates DiviGas is poised for significant scaling and market expansion. This capital infusion will likely be directed towards accelerating product development, increasing manufacturing capacity, and broadening its commercial reach. The strategic nature of the recent investment suggests a focus on partnerships and market penetration, positioning DiviGas to capitalize on the increasing global demand for high-purity hydrogen in sectors ranging from transportation to chemical manufacturing. The company's trajectory points towards becoming a key player in the hydrogen economy.
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