Hydrogenious LOHC Technologies GmbH announced that it has entered into an investment agreement and shareholders' agreement for gross proceeds of €50 million co-led by new investors, JERA Americas Inc. for €15 million and Temasek Holdings (Private) Limited on September 13, 2021. The transaction also included participation from other new investor, Future Energy Fund II, a fund managed by Chevron Technology Ventures L.L.C. and Pavilion Capital Partners LLC, returning investors, AP Ventures LLP, Royal Vopak N.V., and Winkelmann Group GmbH + Co. KG.

The transaction has been oversubscribed.