Direct H2

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Summary

Dallas, TX March 4, 2025 DirectH2, Inc., a pioneering hydrogen technology company, has successfully closed its seed round funding from HL Energy Ventures. DirectH2 has exclusively licensed the intellectual property (IP) from Rice University that underpins its innovative technology.We are thrilled to have the support of HL Energy Ventures as we bring our breakthrough hydrogen technology to market, said Michael Irwin, co-founder and interim CEO, DirectH2. My deepest gratitude to my research team, Materials Physics and Energy Management, and the Office of Technology Transfer and Rice Innovation, and the unwavering support of my family. Prof. Mohite is a co-founder of DirectH2 and will serve as its Chief Science Officer.As Rice University continues to strengthen its role in driving innovation from the lab to the marketplace, DirectH2 represents exactly the kind of transformative impact we aim to achieve. This company is a testament to the power of university breakthroughs in solving global energy challenges, and we are proud to support its journey toward commercializing game-changing hydrogen technology, said Paul Cherukuri, Chief Innovation Officer, Rice University.With this funding, DirectH2 is set to expand its team with additional leadership and technical resources, refine its technology, and establish key industry partnerships to bring its innovations to market.About: DirectH2, Inc is a technology company developing modular hydrogen production solutions.

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