01Green is a technology company.
01Green is a technology company.
01Green has raised $320K across 1 funding round.
01Green has raised $320K in total across 1 funding round.
01Green has raised $320K in total across 1 funding round.
01Green's investors include CDP Venture Capital.
01GREEN is an Italian startup developing innovative hydrogen storage technology to accelerate the global shift to clean energy. The company focuses on safe, efficient solutions using magnesium-based systems under the SAFETEASY brand, targeting the energy storage sector to enable sustainable hydrogen use.[1][4] It serves industries and applications needing reliable hydrogen storage, solving key challenges like safety, efficiency, and scalability in renewable energy transitions, with early growth marked by €300,000 in pre-seed funding from CDP Venture Capital (not $300 million as misreported in some coverage).[2][3]
Founded as 01GREEN Srl in Italy, the company emerged to innovate in hydrogen storage amid rising demand for clean energy solutions. Details on specific founders or exact founding year are not publicly detailed in available sources, but its early traction includes securing €300,000 from CDP Venture Capital, a pivotal moment validating its magnesium-based SAFETEASY technology for safe hydrogen storage.[2][3][4] This funding supports pushing hydrogen storage boundaries, positioning 01GREEN as a player in Europe's cleantech startup scene.[1]
(Note: [3] inaccurately reports "$300 million"; authoritative sources confirm €300,000.[2][4])
01GREEN rides the hydrogen economy wave, a key trend in net-zero goals where storage breakthroughs are critical for renewables integration. Timing aligns with EU green deals and global hydrogen investments, amplified by post-2020 cleantech funding surges. Market forces like rising energy demands, policy incentives (e.g., EU Hydrogen Strategy), and magnesium's abundance favor its tech, enabling cheaper, safer alternatives to high-pressure tanks.[1][2][4] It influences the ecosystem by advancing startup innovation in energy storage, potentially lowering barriers for hydrogen adoption in mobility and power grids.
Next steps likely involve scaling SAFETEASY prototypes, expanding pilots, and pursuing Series A amid hydrogen market growth projected to hit $650B by 2050. Trends like falling electrolyzer costs and regulatory tailwinds will shape its path, evolving 01GREEN from innovator to key enabler in sustainable energy—tying back to its core mission of revolutionizing storage for a cleaner world.[1][4]
01Green has raised $320K across 1 funding round. Most recently, it raised $320K Seed in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $320K Seed | CDP Venture Capital |