Crosstown H2R is a manufacturing startup based in Switzerland, founded in 2022, with a focus on delivering climate tech solutions and the decarbonisation of gas turbines. The company is a spin-off from Crosstown Power, a well-established player with 21 years of operations in the industry. The startup is committed to providing customised H2R® Burners for gas turbine decarbonisation and NOx reduction, leveraging the expertise of its business and engineering professionals who have been involved in developing and delivering gas turbines and combustion burners for over four decades. The latest milestone for Crosstown H2R is the securing of a €2.00M grant investment on 18 March 2024, with the backing of the Swiss Federal Office of Energy. This investment signifies a vote of confidence in the startup's potential to drive impactful change in the manufacturing and oil and gas industries, aligning with the growing emphasis on sustainability and decarbonisation efforts globally. The company's slogan, "Delivering Climate Tech Solutions | Decarbonisation of Gas Turbines," encapsulates its core mission and value proposition, addressing crucial environmental challenges while catering to the evolving needs of the energy sector.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | €2.00M | 1 | Swiss Federal office of Energy | 18 Mar 2024 |
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