• Universal Hydrogen raises $20.5M Series A to help launch hydrogen aviation

    24 days ago - By TechCrunch

    The race to decarbonize aviation got a boost this Earth Day with the announcement of a $20.5 million Series A round by Universal Hydrogen , a San Francisco-based startup aiming to develop hydrogen storage solutions and conversion kits for commercial aircraft.
    “Hydrogen is the only viable path for aviation to reach Paris Agreement targets and help limit global warming,” said founder and CEO Paul Eremenko in an interview with TechCrunch. “We are going to build an end-to-end hydrogen value chain for aviation by 2025.”
    The round was led by Playground Global, with an investor syndicate...
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