Barclays Principal Investments and SWEN Capital Partners led a $38m Series B round in Protium.

Barclays Principal Investments, a venture capital firm, and SWEN Capital Partners, an investment management firm, led a $38m Series B round in Protium, a green hydrogen energy solutions provider, with participation from ITOCHU Corporation and Toho Gas. “We are delighted with the additional investment that our partners Barclays and SWEN have provided to the company, and that we have been able to bring two new industrial investors, ITOCHU and Toho, to join the business. We truly believe that having world leading investors is crucial to success in the green hydrogen market, and we could not ask for a better group of partners to support the next steps of our journey,” Christopher Jackson, Protium CEO and Founder.