Avoxt funding news – Netherlands-based Avoxt Secures Investment

The Dutch company had already secured a Rabo Innovation Loan, bringing its total funding to over €1M. It has developed new electrolyser technology to make hydrogen production more efficient, safer, and affordable, supporting the global energy transition.

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Gerard Spanbroek, Director of the Brabant Startup Fund, says, “Brabant Startup Fund was founded to help startups take the necessary steps in technology and market positioning to attract international investors. Avoxt is particularly interesting to us because it aligns with the Sustainable Development Goals (SDGs) and promises to accelerate the energy transition. That’s beneficial for Brabant, the Netherlands and the world.”

Kyra Weaver, Investment Manager at Future Tech Ventures, adds, “Avoxt holds the key to radically improving hydrogen production. The disruptive potential of this technology is gaining attention. However, deeptech like this requires significant investment to reach the commercial phase, and that’s why our mission is clear: we support Avoxt in becoming ‘investor ready’ for the next funding round. The combination of youthful enthusiasm and experienced entrepreneurship in this team lays the foundation for a strong and energetic collaboration.”

The world needs to reduce CO2 emissions and rely less on fossil fuels. Hydrogen is key to this change, but producing it can be inefficient and expensive.

It is solving this problem with an electrolyser that makes hydrogen production more efficient. The company began at HighTechXL, a venture builder in Eindhoven that supports innovations with a social impact.

Ton Rademaker, one of Avoxt’s founders, explains, “Traditional electrolysers use a membrane to separate hydrogen and oxygen, but these membranes are expensive, prone to wear, and can cause failures. Avoxt eliminates this weak link by producing gases at separate locations within the system, eliminating risks such as leakage and explosions. This makes the technology not only safer but also cheaper and highly scalable.”

About Avoxt

Avoxt is developing advanced technology for highly efficient hydrogen production. By creating a safe flow through the electrolyser without membranes, they can improve efficiency, reduce maintenance, and better handle fluctuations in green electricity.