Mantle8A grenobble-based natural hydrogen exploration company, today has announced the completion of its € 3.4 million seed financed round to image a technical pilot and to determine a technical pilot to determine the amount of hydrogen system on the ground.
Kico Ventures and Breakthrough Energy Ventures Ventures saw Europe (BEV-E) with additional participants in the funding round.
“Our science-first method presents an example in search of hydrogen. It makes the invention of hydrogen more sclerable, accurate, fast and profitable“Said Emmanuel deviceFounder and CEO of Mantel 8. “Our technology was established on the basis of extensive and intimate cooperation with the scientific community. The next step was looking for the right partners that would enable us to provide this technology with courage. With the support of our investors, we now have the fuel to move at the required speedThe “
Mantle 8 was founded in 2024 and had a group of geologists, including 20 years of experience in the field. Mantle has created 8 geological models and Imaging technology that “detects the best natural hydrogen locations including”World-first accuracy“. The company’s legitimate technologies imagine the whole hydrogen production system with the presence and quality of hydrogen.
This technology enables Mantle8 to detect the best natural hydrogen reservoirs and to target hydrogen production € 0.77/kg – such a price point that may “Revolution in Clean Energy Market“.
New funds will be used to run a technical pilot to determine the image and amount of hydrogen systems on the ground. The inter-line scalability of Mantle 8 will develop further and expand its team by appointing new AIs and geographical experts.
Natural hydrogen is produced by nature when the water reacts with underground iron -rich rocks. Unlike the conventional hydrogen production method, natural hydrogen does not require energy-intensive separation processes.
Low-carbon options such as electronic analysis from renewable energy have arisen, Mantle 8 argues that they are expensive. Since worldwide industries look for sustainable alternatives for hard-to-decorbonized sectors such as steel, cement and aircraft, natural hydrogen green premium is likely to become a sustainable solution to the Net-Zero goal.
“Based on testing and errors most of the existing methods of natural hydrogen drainage, but based on strict science owned by Mantle 8“Added Rob Trezon From Kico Venture. “We are big believers in the hydrogen economy and have come out of our last investment in more than one billion hydrogen; It may be more valuableThe “
According to Mantle 8, they are the first true geology -based natural hydrogen exploration agency. Some companies are already experimentally drilling for natural hydrogen based on the surface or former drill holes hints. However, in the exploration of oil and gas or mining, reliable and significant new searches come from geologists to prove evidence of resources available by analyzing the earth’s satellite.
The technology of Mantle 8 is scaleable for the entire planet’s assessment and search. Its accuracy and details mean that the development time for the development of natural hydrogen is half, possible saving a few million spent.
The goal of Mantle 8 by 2030 is to find 10mm natural hydrogen, complement the same amount of hydrogen producing and importing the EU target of imports.
“Mantle8’s broad regional knowledge and natural hydrogen searches are a strong position to make an affordable hydrogen in Europe into a strong position to reality in Europe“Said Carmichael Roberts Breakthrough Energy initiative. “With a group of experienced geologists and the search method of the lower part, the Mantle 8 will have a significant impact on the transformation of hydrogen invention.“
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