What is Spark?
Spark Cleantech is at the forefront of industrial decarbonization, producing clean hydrogen and valuable solid carbon. Their proprietary technology facilitates on-site hydrogen generation at a cost competitive with fossil fuels, making clean energy adoption financially feasible for a wide range of industries. The company offers a 'clean-energy-as-a-service' model, designed for seamless integration into existing industrial operations without requiring extensive retrofits. Spark's solutions are tailored for sectors such as metallurgy, cement, glass, and automotive, driving sustainability without compromising operational efficiency or profitability.
How much funding has Spark raised?
Spark has raised a total of $35M across 1 funding round:
Series A
$35M
Series A (2025): $35M with participation from Asterion Ventures, 360 Capital Partners, Taranis, and Région Ile de France
Key Investors in Spark
Asterion Ventures
Asterion Ventures is an impact venture capital firm focused on early-stage investments in climate adaptation and circular economy solutions, supporting founders in their initial growth phases.
360 Capital Partners
360 Capital Partners is a European venture capital firm with a track record in investing in innovation, managing over €300 million and leveraging an extensive international network for co-investments.
Taranis
Taranis, part of Perenco Group, is an investment and asset management company that focuses on renewable energy projects, technology start-ups, and carbon circularity initiatives.
What's next for Spark?
The recent major strategic investment signifies a critical growth phase for Spark. This substantial backing is expected to accelerate the company's expansion, enabling further development of its production capabilities and market reach. With a focus on cost-effective, on-site hydrogen production, Spark is poised to play a pivotal role in the industrial sector's transition towards net-zero emissions. The company's ability to deliver clean energy solutions that are both environmentally sound and economically viable suggests a strong trajectory for future scaling and impact.
See full Spark company page
