Green hydrogen company happily welcomes investment from 3M

3M continues efforts to expand groundbreaking climate technologies.

American multinational conglomerate, 3M, has announced it has invested in Ohmium International, a green hydrogen company specializing in the development of electrolyzer systems for the production of renewable hydrogen. The investment is part of 3M’s commitment to advance breakthrough technologies designed to support the transition from traditional fossil fuels to a low-carbon economy.

3M is exploring more ways to decarbonize its operations.

Its commitment to support these technologies also aids 3M in looking for new ways to lower the carbon footprint of its own operations. The investment in the green hydrogen company aligns with 3M’s strategic growth platform in climate technology. Furthermore, it aligns with 3M’s vision to leverage its vast material science technological expertise in support of the DOE’s “Hydrogen Energy Earshot” as well as the industry objective of lowering the cost of producing green H2 to $1 per kilogram.

3M’s investment in Ohmium shows the company’s dedication to “fostering initiative technologies that can lead to a more sustainable future,” said 3M Growth Ventures’ Senior Vice President Mark Copman.

Ohmium is a green hydrogen company known for being a PEM electrolyzers leader.

Ohmium designs, manufactures and deploys Proton Exchange Membrane (PEM) electrolyzers known for their efficiency. The modular and scalable PEM electrolyzers are designed to enhance PEM’s industry-leading performance in combining with renewables to generate green hydrogen.

The green hydrogen company is a leader in efficient, high-output and cost-competitive green hydrogen production, thanks to its proprietary suite of electrochemical products.

3M’s investment in Ohmium is “another testament” to the strength of Ohmium’s tech and their “track record in deployment,” said Ohmium CEO Arne Ballantine. The CEO added that the company is delighted to partner with 3M, an industry leader, and they look forward to working together with 3M on “continued innovation in catalysts and other electrolyzer materials.”

designs, manufactures and deploys modular, scalable proton exchange membrane (PEM) electrolyzers that enable cost-competitive green hydrogen production.

The TPG Rise Climate.

3M is part of the TPG Rise Climate Coalition, a differentiated climate solutions ecosystem that comes together regularly to accelerate the exchange of knowledge, share best practices, and drive new investment opportunities. 3M is one of nearly 30 blue-chip corporations to have invested in the inaugural TPG Rise Climate fund. TPG Rise Climate led Ohmium’s Series C funding round back in April 2023, from which Ohmium raised $250 million.