August 2022, December 2022
Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital, ING Bank N.V.
Storage & distribution
Why investedVisit Strohm website
- Global market leader in design and manufacturing of Thermoplastic Composite Pipe (“TCP”)
- TCP is more cost-effective than steel pipe and has c.50% less greenhouse gas emissions on as-installed basis
- TCP can transfer up to nine times the amount of energy compared to a cable, and can be used to store hydrogen
- TCP’s flexibility, lack of corrosion, fatigue and embrittlement make it the superior pipeline solution for offshore wind farms, generating hydrogen