01GREEN Secures €300,000 Pre-Seed Funding for Hydrogen Storage Innovation
Deal News | Jan 27, 2025 | CDP Venture Capital
01GREEN, an innovative startup focusing on hydrogen storage and transport solutions, successfully concluded a €300,000 pre-seed funding round. The funding was entirely subscribed by Tech4Planet, promoted by CDP Venture Capital. This capital will enable 01GREEN to proceed with developing a proof of concept and prototyping a solid-state hydrogen storage container using doped magnesium technology, aimed at revolutionizing hydrogen logistics. The SAFETEASY system, leveraging advanced industrial 3D printing by 3D4MEC Srl, is designed to enhance storage density and safety while reducing costs, and is engineered by Professor Andrea Gatto and Ivano Corsini. The initiative aims to make hydrogen storage more viable and accessible, supporting the global transition to sustainable energy.
Sectors
- Renewable Energy
- Venture Capital
- Additive Manufacturing
Geography
- Italy – The primary location of the companies involved, including 01GREEN and CDP Venture Capital.
Industry
- Renewable Energy – The article discusses innovative solutions for hydrogen storage, which is a crucial component of the renewable energy sector.
- Venture Capital – The involvement of CDP Venture Capital and Tech4Planet in funding the startup makes this relevant to the venture capital industry.
- Additive Manufacturing – The SAFETEASY system's development relies on advanced 3D printing technologies, aligning it with the additive manufacturing industry.
Financials
- €300,000 – The amount raised by 01GREEN in pre-seed funding.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 01GREEN | Target | Company | A startup focused on developing innovative hydrogen storage solutions. |
| CDP Venture Capital | Investor | Company | A venture capital firm promoting Technology Transfer for Sustainability through its Tech4Planet project. |
| Tech4Planet | Investor | Company | The National Technology Transfer Pole for Sustainability, under the promotion of CDP Venture Capital. |
| Prof. Ing. Andrea Gatto | Scientific Lead | Person | A professor and expert in mechanical technology and production systems, leading the SAFETEASY project. |
| Ivano Corsini | President and CEO | Person | President of 01GREEN, with extensive experience in mechanics and mechatronics. |
| 3D4MEC Srl | Technology Developer | Company | A company that specializes in 3D printing technologies for metals and collaborates on the SAFETEASY system. |