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Venture Capital News: Ohmium Grabs Strategic Funding from 3M

2024-07-16
ST. PAUL, MN, In its continuing effort to expand into emerging climate technologies, 3M has completed a strategic investment in Ohmium, a developer of electrolyzer systems for green hydrogen production.
The investment is part of 3M's commitment to advancing technologies that support the transition to a low-carbon economy and may help the company explore further decarbonizing its own operations.

Ohmium designs, manufactures and deploys modular, scalable proton exchange membrane (PEM) electrolyzers that enable cost-competitive green hydrogen production. The company's suite of electrochemical products helps customers achieve their sustainable energy goals for industrial, transportation, and energy projects. Headquartered in the United States, with manufacturing facilities in India and operations worldwide, Ohmium has a global green hydrogen project pipeline of more than 2 GW across three continents.
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