France, Ceram Hyd Raises Series A Funding

Ceram Hyd S.A. an Avon, France-based developer and manufacturer of special ceramic membranes for electrolytic hydrogen production, has secured a Series A financing from RWE Innogy.
The new funds will be used to invest in a new laboratory, a prototype production facility and the first field multi kW electrolysers.
As part of the round, Dr Tarek Nassar will become Chairman of the company’s Board and Mr Arthur Mofakhami will become CTO. Furthermore, Mr Brendan Bilton has been recruited as CEO to help in the commercialization of the technology and to take the company forward to field trials partnerships.
Dr Hugues Delmaire will be the Board Representative for RWE Innogy. 
FinSMEs
18/12/2009

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