$227M sweet spot round size
Most of their 3 investments are in rounds between $121M and $227M
2021
H2 Green Steel raised $1.6B on September 7, 2023
Investors: FAM AB, Just Climate, Temasek, Vargas Holding, GIC and HY24
H2 MOBILITY Deutschland GmbH & Co. KG raised $121M on March 28, 2022
Investors: OMV, Linde Construction, Hyundai Motor Company, Shell and HY24
Hy2gen AG raised $227M on February 17, 2022
Investors: Mirova Natural Capital, Technip Energies, Caisse de dépôt et placement du Québec (CDPQ) and HY24