Utility Global Secures $25 Million Series B Funding and Appoints Claus Nussgruber as CEO

Utility Global, a NOVA by Saint-Gobain portfolio company recently announced a $25 million Series B funding round for the commercialization of the revolutionary H2GEN™ sustainable hydrogen line of products. The funding round was led by existing investor Ara Partners and includes strategic investments by Samsung Ventures, NOVA by Saint-Gobain and Aramco. This investment supports Utility Global’s commitment to be a key contributor to the energy transition by unlocking an affordable beyond-net-zero low carbon future through its technology.

Learn more here: https://www.einnews.com/pr_news/584710385/utility-global-secures-25-mill...