1s1 Energy Raises $1.4M Seed Funding to Boost Green Hydrogen Development

Green hydrogen production technology company 1s1 Energy has announced the successful completion of a $1.4 million seed funding round. Founded in 2019 by Daniel Sobek, Sukanta Bhattacharyya, Thiago Figueiredo, and Prof. T. Don Tilley, 1s1 Energy is committed to making green hydrogen an affordable, efficient, and scalable solution for industries that are critical to global decarbonization efforts.

The company's breakthrough lies in its innovative approach to electrolyser technology, utilizing boron-based materials that enhance efficiency and durability. These advancements result in more compact and cost-effective systems, positioning green hydrogen as a viable solution for sectors like steel production, which are central to decarbonization initiatives.

In addition to completing its funding round, 1s1 Energy announced a $2.3 million electrolysis stack project in collaboration with Companhia Estadual de Geração e Transmissão de Energia Elétrica (CEEE-G) under Brazil's Aneel P&D program. This project also involves Companhia Siderúrgica Nacional (CSN), Brazil's largest steel producer, as a key partner.

"We've revolutionized PEM (Proton Exchange Membrane) technology by introducing boron-based materials, enabling us to rethink and optimize the performance of electrochemical cells," said Daniel Sobek, CEO of 1s1 Energy. "With the latest funding and our partnership in the Aneel P&D project, we're moving closer to making green hydrogen a practical solution for decarbonizing heavy industries."

The seed funding was led by Faber Ventures and Asiri LLC, with participation from Rumbo Ventures, City Light, and Gibson Lane GmbH. These funds will support the company’s mission to make green hydrogen accessible for hard-to-abate sectors through its advanced electrochemical cell technology.

Carlos Esteban, Partner at Faber Ventures, emphasized the importance of supporting 1s1 Energy’s mission: "Their innovative approach to green hydrogen production holds enormous potential to drive meaningful change, and we're excited to be part of their journey."

The seed funding will significantly bolster 1s1 Energy’s ability to scale its research and development (R&D) operations, marking a pivotal moment in the company's growth trajectory. This financial injection will enable the company to intensify its focus on advancing its groundbreaking green hydrogen technology. By expanding its R&D capabilities, 1s1 Energy can fast-track the development of its innovative electrolysers, which utilize boron-based materials to deliver superior efficiency and durability compared to traditional systems.

In addition to ramping up its R&D efforts, the funding will allow 1s1 Energy to expand its team, attracting top talent and expertise in the fields of chemistry, engineering, and green energy solutions. This strategic expansion is critical as the company aims to accelerate the development and deployment of its technology.

Furthermore, the investment will support the creation of second-generation electrolysers that are capable of operating at higher temperatures. This next generation of technology is designed to further improve efficiency, reducing the overall cost of green hydrogen production and making it a more viable solution for heavy industries such as steel manufacturing, which are integral to global decarbonization efforts.

The enhanced electrolysers will also strengthen 1s1 Energy's ability to meet the growing demand for sustainable energy solutions, positioning the company to play a leading role in the transition to a low-carbon economy. By focusing on industries that are traditionally difficult to decarbonize, 1s1 Energy is taking significant steps toward making green hydrogen a practical and scalable solution for the future.