1. Battolyser raises €30 million for green hydrogen production
Battolyser Systems, a Dutch startup, announced it raised €30 million in Series A funding to scale its innovative hydrogen battery technology. The company’s unique electrolyzer with battery functionality aims to tackle grid congestion and reduce green hydrogen costs. Set to launch in 2025, Battolyser’s next-generation system offers 100% flexibility, enabling efficient use of intermittent renewable energy. Battolyser is poised to play a crucial role in the Netherlands’ energy transition, targeting 4 GW of electrolyzer capacity by 2030.
2. €15 million for Carbyon to demonstrate its fast-swing Direct Air Capture technology
Until now, the groundbreaking and patented technology developed by Carbyon to extract CO2 directly from the atmosphere could only be seen in the lab. But thanks to a €15.3 million investment round, the Eindhoven-based direct air capture (DAC) startup can build the first demonstration models, launch commercial pilots, and prepare for large-scale production.
3. Dutch scale-up raises 1.3 million euros for privacy-proof facial recognition
Specialized in privacy recognition technology, 20Face has raised an impressive 1.3 million in investments. Founded in 2017, the Enschede-based company that started as a spin-off from the University of Twente has positioned itself as a forerunner in the tech field. With this investment, the Dutch scale-up plans to enter new markets and further develop its innovative technology that protects users’ privacy.
4. A second life: Lightyear raises €10 mln
Lightyear is making a remarkable comeback by raising €10 million from investors. The company is transforming the auto industry with innovative solar technology to integrate various car models. The technology promises significant reductions in carbon emissions and reliance on charging stations. With existing patents, advanced production lines, and new contracts with automakers, Lightyear is targeting commercial production in 2026-2027 and growth in personnel.
5. Dutch AI start-up secures €1 million to revolutionize customer service
Engaige, a Rotterdam-based AI start-up, has raised €1 million in seed funding, says the company in a press release. The startup aims to use the investment to expand its team and accelerate the development of safe and reliable human-like customer service automation. The funding comes from a leading investor in the AI and customer service sector, Graduate Entrepreneur Fund, along with Mamadoo Ventures, Keadyn, and other angel investors
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