The Neste, Paul Wurth, CEZ and TotalEnergies-backed electrolyser manufacturer is looking to expand with a series D round co-led by Lightrock and Planet First Partners.

Sunfire, a Germany-based hydrogen electrolyser and fuel cell provider which counts several energy and industrial corporates as investors, received €109m ($126m) in series D funding round on Monday.

The round was co-led by Lightrock and Planet First Partners and backed by Carbon Direct Capital Management, HydrogenOne Capital and unnamed existing investors.

Founded in 2010, Sunfire manufactures electrolysers and fuel cells to produce hydrogen and synthesis gases for use in gas heavy industries such as chemical production, aviation and transportation as…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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