The gas-to-hydrogen technology developer bagged $11.5m in a round co-led by Eni Next and backed by Mitsubishi Heavy Industries.
Energy utility Eni has co-led an $11.5m series A round for US-based gas decarbonisation technology developer C-Zero through strategic investment arm Eni Next.
The round was co-led by new energy investment vehicle Breakthrough Energy Ventures and also backed by industrial manufacturer Mitsubishi Heavy Industries and venture capital firm AP Ventures.
C-Zero is the creator of a method of converting natural gas into hydrogen in order to cut carbon dioxide (CO2) emissions from processes such as power generation, heating and chemical…
