McPhy Energy secures €13.7M financing

McPhy Energy secures €13.7m second round financing.

FR | FR

raises €13.7 million led by

New Hardware & Telecom

Press release (extract)

McPhy Energy is an innovative French company founded in January 2008 with the mission to industrialise and commercialise a new technology for the solid storage of hydrogen in the form of magnesium hydride. The company has developed an alternative solution for the on-site production of hydrogen for the industry sector and for the renewable energy sector a concrete solution to solve the issue of energy storage. READ FULL PR

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