A group of investors led a €215m Series E round in Sunfire.

A group of investors, including LGT Private Banking, GIC, Ahren Innovation Capital, Carbon Equity, Lightrock, Planet First Partners, Carbon Direct Capital, the Amazon Climate Pledge Fund, and Blue Earth Capital, led a €215m ($233m) Series E round in Sunfire, a German electrolyzer manufacturer. “This substantial financing round is good news for Europe’s leading role in hydrogen production and for the European clean-tech industry. I am delighted to welcome additional investors backing our vision, product offering, and capabilities to deliver industrial electrolyzers at pace and scale. With this new capital, we are uniquely positioned to further accelerate our company’s growth and industrialization plans to meet the fast-growing demand for electrolysis technologies,” Nils Aldag, Sunfire CEO.