mantle8, a French company specializing in the exploration of natural hydrogen, has raised €3,4 million in seed funding, with investments from Kiko Ventures and Breakthrough Energy Ventures Europe (BEV-E), as well as participation from private investors.
Note Breakthrough Energy is Bill Gates' investment fund dedicated to the energy transition and that the latter is already a shareholder in Koloma, another natural hydrogen exploration company, present in the United States. With this new investment, Breakthrough therefore reaffirms its conviction in natural hydrogen.
The funds will be used for launch a pilot project to image and quantify hydrogen systems present in the soil. mantle8 will also develop the cross-border scalability of its technology and strengthen its team by recruiting new experts in artificial intelligence and geochemistry.
mantle8's proprietary technology combines geophysics, geochemistry and seismic data to accurately detect natural hydrogen deposits for extraction. The company visualizes the entire hydrogen generation system in order to assess the quantity and quality of hydrogen present.
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https://mantle8.com/fr/