Danish Hydrogen Peroxide company HPNow raises €14M to scale operations

HPNow is disrupting the multi-billion hydrogen peroxide industry and supply chain through breakthrough innovations and products enabling safe and green generation directly at the point of use. It offers commercial on-site, on-demand hydrogen peroxide generation technology solutions across multiple markets and applications. By doing so, it contributes to advancing global climate and environment objectives while providing a strong positive impact on the bottom line of our customers. Here are details of HPNow’s latest funding round :

🚀 Launch

2015

🏭 Industry

Hydrogen Peroxide

🧠Management

Ziv Gottesfeld, Rasmus Frydendal, Debasish Chakraborty, Arnau Verdaguer, Michael Astrup, Rajath Sathyadev Rajmohan, Tiret Dewnarain, Elena Gómez González, Jan Jacob Mekes

💸 Funding & Investors

  • Investment (September 2023) : €14 million
  • Investors : led by The Export and Investment Fund of Denmark (EIFO) together with Novo Holdings. Other investors included MatiTech, Evonik Venture Capital and AP Ventures.

🎯 Funding purpose

Scale up marketing, sales, technical support and production capacity

🌐 Country HQ

Denmark (Søborg)

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