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Bramble Energy secures £35m to fund game changing technology to support net zero mission

London-based fuel cell company Bramble Energy has closed a £35million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks. 

Current hydrogen fuel cell technologies are limited because of cost, inflexibility, manufacturing complexity and scaling issues. Bramble Energy changes the game with its revolutionary technology and by leveraging an existing global manufacturing base. Utilising the printed circuit board (PCB) industry, Bramble Energy can turn around bespoke fuel cell stacks from design concepts to physical units within days, saving up to a year in development time compared to other manufacturers. 

 

This investment has been led by HydrogenOne Capital Growth plc and is supported by the existing institutional investors (BGF, IP Group, Parkwalk Advisors and the UCL Technology Fund) and will allow Bramble Energy to roll out its portable power products globally as well as continue to develop its liquid cooled fuel cell stack capability. Through this phase Bramble Energy will deploy its disruptive fuel cell stack technology in a variety of strategic commercial applications to enable decarbonisation across a number of industries and sectors. In doing so, Bramble Energy will move another step closer to becoming the go-to name in scalable fuel cell technology and at the same time become a leading UK-based net zero success story.

 

Following the previous funding round in summer 2020, Bramble Energy has rapidly grown from a team of 3 to 35 and is fast becoming a leading hydrogen fuel cell provider, helping to deliver a cleaner and more sustainable world. The additional funding will also help Bramble Energy grow its UK-based team to over 100 employees and provide a springboard for the deployment of zero emission projects with commercial partners and to ultimately achieve its goal of becoming the largest fuel cell supplier in the world.

 

CEO and Co-Founder of Bramble Energy, Dr Tom Mason, comments: “There is no bigger challenge that humanity faces than the climate crisis and our team’s core purpose is to help the world achieve net zero. Hydrogen fuel cells have long been viewed as a ‘future’ solution however deployment of this clean energy technology has been hindered by complex manufacturing and the high costs associated with this. 

 

"This is a hugely exciting time for Bramble Energy, with many eyes focused on the UK’s leadership role in the transition to a greener economy. The recent Series B funding round allows us to continue solving some of the greatest barriers to the adoption of fuel cells – through our ground-breaking manufacturing route, scale-up potential and low-cost production.”

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