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Tulum Energy rediscovered a forgotten hydrogen tech and used it to raise $27M
Results of a 20-year-old curiosity now form the basis of Tulum, a startup that has attracted significant investor attention.
But a couple of years ago, investors for the Techint Group’s corporate VC arm, TechEnergy Ventures, were scouring the landscape for new ways to produce hydrogen from methane without the usual pollution. The reaction has attracted attention for its ability to produce hydrogen from cheap, widely available natural gas without any carbon dioxide emissions. In pyrolysis, methane is broken down in the absence of oxygen, the only products are hydrogen gas and a dust of solid carbon, both of which can be sold.
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