Hull, United Kingdom
HiiROC, founded in 2019 in the United Kingdom, is innovating the hydrogen production sector with its slogan, "Low-Cost, Zero Emission Hydrogen". This technology company focuses on the development and commercialization of its cutting-edge plasma torch technology, which it employs in Thermal Plasma Electrolysis for hydrogen production using biomethane, flare gas, and natural gas.
The company presents a strong value proposition by producing hydrogen at costs comparable to steam methane reforming, yet without emissions and using significantly less energy than water electrolysis. HiiROC boasts a modular design capable of scaling from small to industrial-sized plants, providing flexibility and reducing transport costs by situating facilities at the point of demand. Additionally, its production approach yields solid carbon black, offering environmental and commercial benefits across industries such as tyre manufacturing, construction, and agriculture.
Backed by a robust investment, HiiROC's most recent funding round of £26.00M in November 2021 drew high-profile investors including Centrica, Kia Motors, Wintershall Dea, VNG - Verbundnetz Gas AG, HydrogenOne Capital, Melrose Industries, and Hyundai Motor Company. Operating in the Industrial and Manufacturing sectors, the company is positioned to capitalise on the growing demand for sustainable, cost-effective energy solutions.
