GenCell is looking to expand its collaborations with hydrogen and ammonia fuel suppliers across the globe to better support its customer – and now this effort has been boosted by a $35.9m funding round.
Rami Reshef, CEO of GenCell, unveiled the plans to H2 View when we recently caught up with the company about the significant raising of capital, which was carried out by several leading institutional entities in the Israeli capital market.
Unveiled on Tuesday (Jan 18), the funding marked a major milestone for the Israeli company that is working around the clock to develop innovative alkaline fuel cell solutions to offer affordable, clean back-up and off-grid power for humanity to render diesel generators obsolete.
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