Doosan, a South Korean multinational conglomerate company, led a $14.5m Series A round in Versogen, a green energy startup, with participation from The Chemours Company, TechEnergy Ventures, Wenstone H2Tech and TOP Ventures America. “Versogen, since its inception, has been making significant progress in scaling up its AEM production, and our AEMs have found a long list of loyal customers around the globe. This new investment will allow us to scale up the membrane manufacturing process further to bring down the costs and expand our customer base. More importantly, this new investment will enable Versogen to develop the next generation AEM electrolyzer stacks. We are incredibly pleased to have our new investors led by Doosan Corporation join us on this exciting journey to a net-zero future,” Yushan Yan, Versogen Founder.