London, UK – 5th November 2024: Wild Hydrogen announces the launch of its crowdfunding campaign on Republic Europe to fund its groundbreaking 1 MW carbon-negative clear hydrogen prototype in Gloucestershire.
Backed by £2.3m in cornerstone investments, this round, raising £6 million, aims to scale Wild Hydrogen’s proprietary Rising Pressure Reformer (RiPR) technology, which transforms biogenic materials into carbon-negative hydrogen fuel, bio-methane, biochar, and captured carbon dioxide directly addressing UK energy demands in hard-to-abate sectors such as construction, steel production, shipping, farming, and the manufacture of carbon-negative products.
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Innovative Technology and Market Opportunity
Wild Hydrogen’s RiPR technology utilises wet biogenic feedstocks, such as agricultural and waste materials, to generate carbon-negative clear hydrogen fuel. As well as hydrogen, this process produces also produces bio-methane, as well as biochar, while capturing carbon dioxide, a feature that uniquely differentiates it from “grey” and “blue” hydrogen, which are largely derived from fossil fuels, and is much more affordable and efficient than “green” hydrogen.
The global hydrogen market, projected to exceed $200 billion by 2030 (IEA Global Hydrogen Review 2023), reflects the need for clean alternatives, making Wild Hydrogen well-positioned to meet rising decarbonisation demand. Hydrogen production and use in 2022 was linked to more than 900 million tons of carbon dioxide emissions, with low emission hydrogen currently accounting for only 0.7% of hydrogen demand. This need was further emphasised in last week’s Autumn Budget, where the Chancellor pledged £3.7 billion towards UK hydrogen and carbon capture projects for 2025–2026.
James Milner, CEO of Wild Hydrogen, said: “Our mission is clear, to bring a truly carbon-negative, scalable hydrogen solution to industries globally. This campaign propels us closer to that vision, paving the way for a net-zero future where affordable, clean hydrogen can be used to power manufacturing, HGVs, and even commercial aircraft.”
“Private investment is essential to fully unlock hydrogen’s potential and accelerate our journey to net zero – and with the support of our crowdfunding partners, Wild Hydrogen is ready to lead the way.”
Wild Hydrogen was recently selected by Innovate UK for its global business innovation missions to the US, South Korea, and Germany. Collaborations with esteemed institutions such as the Hydrogen Innovation Initiative, Cranfield University, and Helical Energy bolster its technological advancement and market readiness.
Traction and Accomplishments
Since its founding in 2022, Wild Hydrogen has expanded its team from 2 to 14 and secured over £4m in investment, including a £250K grant from BEIS. Key figures include Investor Director Dr. Jonathan Milner, founder of Abcam plc, and Prof. John Oakey of Cranfield University, both instrumental in advancing Wild Hydrogen’s growth and strategy.
The leadership team is backed by a highly-respected board, including Chairman David Gammon, who has scaled multiple unicorns, previously served as NED at DeepMind (now Google DeepMind), and currently serves as NED at Raspberry Pi Trading.
Use of Funds
Funds from this raise will drive Wild Hydrogen’s growth, with allocations towards:
- Commercial Demonstrator: Finalising the 1 MW commercial prototype in Easington, near Stroud, to validate RiPR technology and enable future partnerships.
- R&D: Enhancing RiPR, optimising carbon capture, and expanding feedstock possibilities.
- Operational Expansion and Talent Acquisition: Building infrastructure and recruiting expertise in engineering and business development.
David Gammon, Chairman of Wild Hydrogen, added: “Wild Hydrogen has a completely revolutionary method of generating hydrogen. We can do this because we’ve assembled a world class key team to deliver in terms of design, in terms of manufacturing, in terms of construction, and in terms of business model. For me, this whole story about Wild Hydrogen is really encapsulated in that desire to leave the planet in a better condition than when I arrived. To have the opportunity to do that and make a return, it’s just absolutely fantastic.”
Timeline and Investor Access
The campaign’s pre-registration is open, followed by a private launch, and a public campaign on November 13. Priority access is now available. For more information, visit Priority Access to Wild Hydrogen.
About Wild Hydrogen
Wild Hydrogen is leading the charge in the clean energy revolution with its patented, carbon-negative hydrogen and bio-methane production technology. Currently in its third seed round, aiming to raise £6 million – with £2.3 million already secured – Wild Hydrogen is accelerating the development of its 1 MW commercial demonstrator. Powered by the innovative Rising Pressure Reformer (RiPR) technology, wet biogenic materials are efficiently converted into bio-methane, hydrogen, and biochar, all while capturing carbon dioxide. Wild Hydrogen is creating a scalable, sustainable alternative to fossil fuels and paving the way for industry-wide decarbonisation. Please visit: www.wildhydrogen.com
For media inquiries, please contact:
Simon Ward
Mixology Communications
Phone: +44 (0)7396060 272
Email: simon@mixologypr.com
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