HydrogenOne Capital Growth plc (LSE:HGEN) agreed to acquire Strohm B.V. for €10 million on August 12, 2022. HydrogenOne is investing alongside Strohm's existing investors Shell Ventures, Chevron Technology Ventures and Evonik Venture Capital, in the first close of a funding round totalling €14 million. HydrogenOne may also invest up to a further €2 million in the second close of this funding round, which is anticipated to be at least €6 million in aggregate in addition, expected later in 2022.