HiiROC

Low-Cost, Zero Emission Hydrogen

General Information
Company Name
HiiROC
Founded Year
2019
Location (Offices)
Hull, United Kingdom +1
Founders / Decision Makers
Number of Employees
108
Industries
Industrial, Manufacturing
Funding Stage
Series Unknown
Social Media

HiiROC - Company Profile

HiiROC, established in 2019, is a technology company that focuses on developing and commercializing its plasma torch technology for the production of hydrogen. Their proprietary technology enables low-cost, zero-emission production of hydrogen from biomethane, flare gas, and natural gas through Thermal Plasma Electrolysis. This process offers a promising alternative to traditional methods, with the added benefit of only utilizing one fifth of the energy typically required by water electrolysis. Additionally, the modular design allows plants to be established at various scales, from small to industrial, and situated at points of demand to minimize transport costs and leverage existing infrastructure. The by-product, solid carbon black, has versatile applications in various industries and agricultural practices, offering added value to the overall process. HiiROC's innovative approach has garnered significant attention, with a recent £26.00M Venture Round investment attracting notable investors such as Centrica, Kia Motors, Wintershall Dea, VNG - Verbundnetz Gas AG, HydrogenOne Capital, Melrose Industries, and Hyundai Motor Company. Based in the United Kingdom, HiiROC's sustainable and cost-effective solution has the potential to revolutionize the hydrogen production sector, making it a compelling investment opportunity within the Industrial and Manufacturing industries.

Taxonomy: clean energy, hydrogen production, plasma torch technology, Thermal Plasma Electrolysis, carbon emissions reduction, climate change mitigation

Funding Rounds & Investors of HiiROC (2)

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Funding Stage Amount No. Investors Investors Date
Venture Round £26.00M 7 VNG - Verbundnetz Gas AG, HydrogenOne Capital +2 28 Nov 2021
Seed Round Unknown 1 14 Jan 2021

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