What does Fourier do?
Fourier is a Palo Alto-based company that designs and deploys modular hydrogen production systems. Its approach reduces upfront costs, simplifies deployment, and provides scalable solutions across sectors like transportation, heating and cooling, and power storage.
How much did they raise?
The company raised $18.5M in a Series A round, with Airbus Ventures leading the investment. This round of funding underscores investor confidence in Fourier's modular, cost-effective approach to hydrogen production.
What are their plans for the money?
With the new funds, Fourier plans to expand its engineering efforts to integrate its systems into critical energy infrastructure, which could accelerate the adoption of hydrogen as a cleaner energy solution across multiple industries.
What have they achieved so far?
Fourier has already established a pathway for using modular hydrogen systems to overcome the challenges of traditional hydrogen production, simplifying deployment and ensuring scalability as demand grows.
