Strohm Holding B.V.
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Investment size
£11.6m
Date announced
August 2022, December 2022
Co-investors
Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital, ING, SENCO
Category
Storage & distribution
Why invested
Visit Strohm website
- Industry leaders in offshore hydrogen and CO2 pipelines
- Thermoplastic Composite Pipe (“TCP”) has c.50% less greenhouse gas emissions than metal. Can transfer up to nine times the amount of hydrogen energy compared to a cable
- TCP’s flexibility, lack of corrosion, fatigue and embrittlement make it the superior pipeline solution for offshore wind farms, generating hydrogen