We are pleased to announce the successful completion of our latest financing round!
This important milestone brings a new strategic partner, DILO Armaturen und Anlagen GmbH, on board, alongside continued support from our long-standing partner, Investitions- und Strukturbank Rheinland-Pfalz (ISB).
We are also delighted to welcome Christian Scheller and Klaus Jostschulte to our advisory board, whose expertise will be invaluable for further developments in the field of hydrogen mobility.
With this funding, we are well equipped to accelerate our mission to advance clean hydrogen mobility solutions and bring our hybrid hydrogen/electric drive technology closer to market readiness.
Our investment targets include
- Improvement of our simulation tools and control software
- Further development of our hybrid hydrogen/electric powertrain to market maturity
- Completion and testing of our hydrogen transporter under real conditions
We are grateful for ISB’s continued trust and are delighted to welcome our new strategic partner DILO. This collaboration not only supports us financially, but also strengthens our commitment to innovation and market launch.
We would like to thank our partners and the entire HTM team for their commitment to our vision of a greener, more sustainable future. Together, we are paving the way for the mobility and energy transition.
As the state’s development bank, ISB is investing in our start-up via its subsidiaries, Venture-Capital Vorderpfalz Unternehmensbeteiligungsgesellschaft mbH and Wagnisfinanzierungsgesellschaft für Technologieförderung Rheinland-Pfalz GmbH (WFT), with funds from the Rhineland-Palatinate Innovation Fund I and the Rhineland-Palatinate Innovation Fund III. These funds are supported by the Rhineland-Palatinate Ministry of Economic Affairs, Transport, Agriculture and Viticulture as part of a development initiative co-financed by the European Union via the European Regional Development Fund (ERDF).