Tulum Energy discovered the forgotten hydrogen technology and used it to raise $ 27 million

It was a mistake before his time.

Between 2002 and 2005, the engineers with the Techint group were trying to contact a new arc electric steel when they noticed something strange. The carbon poles, instead of collapse, were larger.

The team was unintentionally created what is known as the reaction of the inhibitor, which mainly burned something in the absence of oxygen. In this case, the oven divided methane into pure hydrogen and pure carbon. The team reported its discovery internally, then, mainly, forgot.

“The experience has been largely forgotten over the next twenty years,” said Massimiliano Perry, CEO of Tulum Energy.

But two years ago, investors at the Technt Group, they wandered into the scene of new ways to produce hydrogen from methane without usual pollution.

Techint investors did not look far away. “I realize someone in the company, but we really have it. We have this discovery,” Perry said.

So the cluster immersed the idea and came out of Touloum to convert the accidental discovery into a viable act. Recently, Tulum has closed a 27 million -dollar seed tour led by TDK Ventures and CDP Venture Capital, and the company Teccrunch exclusively told the company. Dawal Energy-Tech Ventures, Mito Tech Ventures and Technergy Ventures.

Tulum is not the only emerging company that continues to follow the methane as a way to produce hydrogen. Modern hydrogen, molten industries and Monolith are among the competitors of Tolum. The reaction attracted attention to its ability to produce hydrogen from cheap natural gas, which is widely available without any carbon dioxide emissions. In the heat decay, methane is divided in the absence of oxygen, and the only products are hydrogen gas and solid carbon dust, both of which can be sold.

But Touloum differs in several ways. For anyone, it does not need to use expensive stimuli to encourage the interaction of infinite dissolution, which some of its competitors need. In its use of an electric arc oven, Tulum also uses a widely used technique – if modified.

“This gives you a great beginning,” Perry said.

Tulum will use seed financing to build a pilot factory in Mexico along with the current Tecint Group plant. If things go well, the steel station can buy hydrogen and carbon directly from Tulom for use in its operations.

Perry said that on a large scale production, a tinnitus commercial factory is born of hydrogen and 600 tons of carbon per day.

Toulom hopes that his commercial factory will produce a kilogram of hydrogen by about $ 1.50 in the United States, where electricity and natural gas are cheap. At this price, it is Only 50 cents more Of most natural gas hydrogen today, it greatly reduces some leading green hydrogen styles. This is before the company sells any carbon generates the process.

It is not bad for almost forgotten error.