Producing truly carbon-free hydrogen. Spark Cleantech is developing an innovative methane plasmalysis technology, enabling the production of clean hydrogen with 5 times less energy than traditional methods and no CO2 emissions.Asterion led Spark Cleantech's first round in July 2023.
"Hydrogen is an essential component of tomorrow's energy mix. But if it is to live up to its promise as a credible alternative to fossil fuels, its production must be carbon-free and less costly than it is today. This is precisely what Spark's solution enables. It's rare to come across a team with such innovative potential. Spark has the potential to be one of the game-changing companies in the hydrogen sector, and we're very proud to be acquiring a stake in this particularly promising start-up. "
"Hydrogen is an essential component of tomorrow's energy mix. But if it is to live up to its promise as a credible alternative to fossil fuels, its production must be carbon-free and less costly than it is today. This is precisely what Spark's solution enables. It's rare to come across a team with such innovative potential. Spark has the potential to be one of the game-changing companies in the hydrogen sector, and we're very proud to be acquiring a stake in this particularly promising start-up. "