CCB and CO2 Management came onboard in an $11.3m round for ZEG as it continutes work on its clean hydrogen generation facility.
Norway-based hydrogen production plant developer ZEG Power has secured more than NOK130m ($11.3m) from investors including oilfield operator Coast Central Base (CCB) and carbon reduction technology producer CO2 Management.
The round included Mirai Creation Fund, the venture capital fund backed by carmaker Toyota and financial services firm Sumitomo Mitsui Banking Corporation, as well as corporate-backed venture capital fund AP Ventures.
Norwegian state-owned investment fund Nysnø filled out the round with family office Stratel, Danske Capital, Nordea Asset Management and IFE…
