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§ Private Profile · Hornby, Canterbury, New Zealand
Designs, develops, and manufactures composite cryostats, cryogenic systems, and liquefiers for green hydrogen and traditional markets.
Based in Christchurch, New Zealand, Fabrum designs, develops, and manufactures composite cryostats, superconducting motors, and advanced cryogenic systems for global industrial applications. The company specializes in green hydrogen production, storage, and dispensing infrastructure, providing comprehensive liquid hydrogen solutions that facilitate zero emission transitions within the heavy transport, mining, and aviation sectors. In addition to its hydrogen focus, the firm supports traditional cryogenic markets involving liquid nitrogen, oxygen, and natural gas through its proprietary equipment. Operating under the AFCryocooler brand, the organization significantly expanded its technical capabilities and market reach following a strategic merger with cryogenic technology developer AFCryo. Led by Chief Executive Officer Dr. Ojas Mahapatra, the enterprise has successfully raised $23 million in Series A funding to scale its manufacturing operations and meet international demand. Fabrum was founded in 2004 by Christopher Boyle and Hugh Reynolds.
Fabrum has raised $23.0M across 1 funding round.
Fabrum has raised $23.0M in total across 1 funding round.
Fabrum is a Christchurch, New Zealand-based advanced manufacturing company specializing in cryogenic technologies, particularly end-to-end liquid hydrogen solutions for heavy transport, mining, and aviation sectors.[1][2][4][5] Founded in 2004, it produces small to medium liquefaction systems, composite cryogenic vessels, and onsite liquid nitrogen/hydrogen systems that enable zero-emission energy transitions by reducing reliance on fossil fuels and supply chain vulnerabilities.[1][3][4][5] Serving global clients in high-risk industries, Fabrum solves critical problems like emissions reduction—projecting 13.5 million tons of CO2 savings annually by 2032—and provides contamination-free, reliable onsite production of hydrogen, oxygen, and air.[3][5] The company has demonstrated strong growth momentum, including threefold expansion, a $23 million investment from AP Ventures, Fortescue Future Industries, Obayashi Corporation, and K1W1 (implying a $250 million valuation), and deployments like the largest liquid hydrogen plant at Fortescue's Christmas Creek mine.[1][4]
Fabrum was established in 2004 in Christchurch by co-founders Christopher Boyle (CEO, Mechanical Engineering graduate from University of Canterbury) and Hugh Reynolds (Chief Technology Officer, Electrical Engineering graduate from the same university).[1][2][4] The idea emerged from recognizing the potential of cryocoolers—exotic, low-temperature refrigerators plagued by unreliability—and leveraging New Zealand's high-tech manufacturing strengths, proximity to University of Canterbury, and harsh South Island conditions to innovate isolated, determined engineering solutions.[1][3][4][5] Early traction came through domestic development of advanced composite solutions for cryogenic and superconducting industries, evolving from cryocoolers to global hydrogen liquefaction amid rising demand for fossil fuel alternatives, with support from Callaghan Innovation.[4] Pivotal moments include earning FernMark accreditation for credibility in international markets and recent scaling via major investments.[1][4]
Fabrum rides the global hydrogen revolution and clean energy transition, capitalizing on trends like decarbonization in hard-to-abate sectors (heavy transport, mining, aviation) where batteries fall short.[1][3][4] Timing is ideal amid net-zero mandates, renewable energy surges, and investor focus on scalable green tech—its solutions support cheaper, reliable hydrogen from renewables, aligning with Fortescue's zero-emissions mining and New Zealand's Hydrogen Consortium with Christchurch Airport and Air New Zealand.[1][3][4] Market forces like rising CO2 regulations and supply chain disruptions favor its onsite models, positioning Fabrum as a key enabler reducing 13.5 million tons of CO2 yearly by 2032 while influencing ecosystems through tech exports, consortia, and pathways for future engineers.[3][5]
Fabrum is primed to lead hydrogen deployment, expanding operations with its $23 million raise to capture growing demand in aviation (e.g., zero-emission flights via consortium) and mining.[1][3][4] Trends like electrolyser advancements, superfield magnets, and policy-driven green hydrogen will accelerate its trajectory, potentially evolving from niche cryogenics to dominant global supplier amid tightening emissions targets. This tenacity-rooted innovator, born from New Zealand's isolated ingenuity, exemplifies precision engineering for planetary outcomes—delivering more with less, just as its mission promises.[1][5]
Fabrum has raised $23.0M in total across 1 funding round.
Fabrum's investors include AP Ventures, Mark Hutchinson, Fortescue, K1W1, Obayashi Corporation.
Fabrum has raised $23.0M across 1 funding round. Most recently, it raised $23.0M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2023 | $23M Series A | AP Ventures | Mark Hutchinson, Fortescue, K1W1, Obayashi Corporation | Announced |