Green hydrogen company Ohmium raises $250 mn led by TPG Rise

Green Hydrogen Company Ohmium

Ohmium International, a leading green hydrogen company, has raised $250 million in Series C growth equity financing.

The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and also included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.

The funding will be used to support Ohmium’s expansion to 2 GW in manufacturing capacity and the deployment of projects for the company’s growing global customer pipeline in key regions including the U.S., Europe, India and the Middle East.