
Newtrace
Builds electrolyzers to produce environmentally friendly hydrogen.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor | €0.0 | round | |
* | $5.7m | Seed | |
Total Funding | 000k |
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NewTrace is revolutionizing the green hydrogen market by developing next-generation electrolyzers that produce hydrogen through water electrolysis using renewable electricity. These electrolyzers are designed to be 5x cheaper and scalable to meet global demand, thanks to a proprietary design, 3D printing, and autonomous manufacturing processes. The company operates in the renewable energy sector, serving industries and businesses looking to transition to sustainable energy solutions. NewTrace's business model focuses on selling these advanced electrolyzers and providing an energy management system (EMS) that includes demand prediction, effective hydrogen production, and predictive analytics. This approach allows for rapid scaling, with modular reactors that can be deployed in months instead of decades. The company generates revenue through the sale of its electrolyzers and associated EMS services.
Keywords: green hydrogen, electrolyzers, renewable electricity, 3D printing, autonomous manufacturing, energy management system, demand prediction, modular reactors, cost-effective, scalable.