What is Koloma?
Founded in 2021 and headquartered in Denver, Colorado, Koloma is at the forefront of identifying and commercializing geologic hydrogen resources. The company leverages its advanced technology, proprietary data sets, and a skilled human capital advantage to unlock the potential of this clean energy source on a global scale. Koloma's focus on geologic hydrogen positions it as a key player in the transition towards sustainable energy solutions, addressing the growing demand for low-carbon alternatives in industrial and energy markets.
How much funding has Koloma raised?
Koloma has raised a total of $250.7M across 2 funding rounds:
Angel/Seed
$5M
Series B
$245.7M
Angel/Seed (2021): $5M, investors not publicly disclosed
Series B (2024): $245.7M led by Breakthrough Energy Ventures, Energy Impact Partners, Khosla Ventures, and United Airlines
Key Investors in Koloma
Breakthrough Energy Ventures
Breakthrough Energy Ventures (BEV) is a prominent investment firm focused on backing companies that drive the transition to net-zero emissions. With substantial capital, BEV supports innovative ventures in clean energy technologies, aiming to accelerate their market adoption.
Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm dedicated to advancing a decarbonized, decentralized, digitized, and electrified energy future. EIP collaborates with innovators and major energy companies to foster a cleaner and more resilient energy landscape.
United Airlines
United Airlines, a major global carrier, operates flights across five continents. Its strategic investment in Koloma signals a growing interest in sustainable aviation fuels and clean energy solutions to support its long-term environmental goals.
What's next for Koloma?
The recent major strategic investment of $245.7M positions Koloma for accelerated growth and technological advancement. This capital infusion is expected to fuel the expansion of its operational footprint, enhance its research and development capabilities, and solidify strategic partnerships. Koloma's trajectory suggests a move towards broader market penetration and the scaling of its unique geologic hydrogen extraction processes, aiming to become a leader in the global clean hydrogen economy.
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