Utility Global Partners with Stelco for the Decarbonization of Integrated Steelmaking

Former ThyssenKrupp Executive Brings Steel and Automotive Expertise HOUSTON, TX – March 24, 2023 – Utility Global, Inc. (“Utility Global”) and Stelco Inc. (“Stelco”), a wholly-owned subsidiary of Stelco Holdings Inc. (TSX: STLC), today announced an agreement to test certain of Utility Global’s advanced decarbonization technologies at Stelco’s Lake Erie Works integrated steelmaking site located in […]
Utility Global Completes Testing of Revolutionary Zero-Electricity Hydrogen Reactor

Utility hits major milestone in decarbonization technology with positive testing results for their H2Gen Sustainable Hydrogen Reactor product line.
Utility Global Expands Global Sales Capability via Appointment of Intralink

Disruptive decarbonization technology company inks agreement to rapidly expand into the strategic markets of Japan and Korea
H2 startup, Utility Global secures $25-MM Series B funding, appoints Claus Nussgruber as CEO

Utility Global, the sustainable H2 company pioneering the electroless coupled exchange reduction oxidation (eXEROTM) conversion process, announced its $25-MM Series B funding round for the commercialization of the H2GENTM sustainable H2 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 […]
Hydrogen Startup Utility Global Raises $25M Series B Round for Hiring, Product Development

The startup is developing products based on a zero-electricity process to convert off-gas streams into high-purity hydrogen.
Venture Capital Deals: August 11, 2022

Houston-based Utility Global, a sustainable hydrogen company, closed its Series B funding round, raising $25 million in growth capital. Ara Partners led the round with participation from Aramco, Samsung Ventures and NOVA.
Houston Startup Raises $25M

Utility Global, founded in 2018, has developed a clean hydrogen solution. The proprietary tech — called the eXEROTM Technology Platform — includes a zero electricity process that converts sustainable waste streams into high-purity hydrogen. Additionally, the company developed its H2Gen Product Line that delivers customers reliable, low carbon and high purity hydrogen, which offers unparalleled feedstock […]