Hydrogenious LOHC successful financing round and new management changes ready company for the future

Hydrogenious LOHC successful financing round and new management changes ready company for the future


Hydrogenious has successfully completed a year-long strategic transformation, sharpening its focus as a leading technology provider and realigning its corporate structure to advance flagship projects. The company’s primary focus now includes the industrial-scale LOHC hydrogenation plant at Chempark Dormagen and the Important Project of Common European Interest ‘Green Hydrogen @ Blue Danube.’ With this transformation finalized at the start of 2025, Hydrogenious is now positioned for future growth.

Investment and Financial Support
In a recently completed financing round, investors including AP Ventures, Temasek, Winkelmann Group, Covestro, Chevron Technology Ventures, and Anglo American Platinum reaffirmed their commitment to Hydrogenious. The funding round raised over €17 million, which will support the implementation of key projects and further scaling of LOHC technology.

Hydrogenious has also received strong political and financial backing, with policies at both the federal and EU levels supporting LOHC technology’s role in the energy transition. In 2024, the company secured a €72.5 million grant from the German Federal Government and the State of Bavaria for the Green Hydrogen @ Blue Danube project.

Management Restructuring and Leadership Appointments
As part of its transformation, Hydrogenious has restructured its leadership team. Company founder and former CEO Dr. Daniel Teichmann has assumed the role of executive chairman of the board of directors. In this position, he will continue to work full-time, focusing on the company’s strategic direction, financing, and stakeholder engagement.

Dr. Andreas Lehmann, formerly chief strategy officer, has been appointed chief executive officer and will oversee operational strategy, public affairs, and corporate functions.

Dr. Caspar Paetz, as chief technology officer, will lead the further development and optimisation of LOHC technology, driving research, development, and implementation.

Joining the leadership team as chief operating officer is Dr. Stefan Buerkle, who will oversee Hydrogenious’ operational business, including project development, engineering, procurement, construction, and plant operations. With over 20 years of experience in multinational corporations and mid-sized enterprises, Dr. Buerkle brings expertise in the petrochemical, oil and gas, LNG, and energy sectors. He holds a PhD in Chemical Engineering from the University of Karlsruhe and has previously held leadership roles at Linde, e.on/Uniper, and ILF Consulting Engineers.

Industry and Investor Support
Commenting on the transformation, Dr. Daniel Teichmann, executive chairman of the board, stated:
“Thanks to the conceptual and financial support of our investors, we have now realigned key elements of our organisation, creating the foundation for long-term success. We firmly believe that LOHC technology will continue to be indispensable for industrial decarbonisation and the energy transition.”

Kevin Eggers, founding partner at AP Ventures, added:
“We believe that Hydrogenious and its innovative LOHC technology are critical to enabling the hydrogen economy, and the company is well positioned for future challenges. We look forward to supporting their continued growth.”

Hilton Ingram, executive head of marketing at Anglo American Platinum, highlighted the importance of LOHC technology, stating:
“As an original seed investor in 2014, we have long supported Hydrogenious’ vision for hydrogen storage and transport. The new funding and leadership structure mark a critical inflection point for scaling industrial hydrogen value chains.”

Christian Knechtel, CEO of Winkelmann Group, reinforced investor confidence in Hydrogenious, saying:
“LOHC technology represents a crucial component in enabling the hydrogen economy and advancing the global energy transition. Hydrogenious’ strategic realignment and focus on industrial-scale projects will strengthen its position as a market leader.”

With strong financial backing, a refined corporate structure, and a clear focus on scaling LOHC technology, Hydrogenious is set to play a pivotal role in advancing the hydrogen economy and driving the global energy transition forward.

For more information visit www.hydrogenious.net

20 February 2025