According to a press release released on Monday?

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Lhyfe’s first R&D; center, adjacent to the production site, is mainly dedicated to optimizing its production process and offshore development work. It is already ready to produce hydrogen at sea, through a renewable hydrogen production demonstrator which will be set up in a few months off the Loire-Atlantique. This site was co-financed by the Community of Communes of Challans-Gois, the Pays de la Loire Region and the French public investment bank Bpifrance, and built jointly with local players from the Vendée department.

Matthieu Guesné, CEO and founder of LHyfe: “One year after laying the foundation stone, we are extremely proud to launch this site, which is symbolic of course for us, but also for what it represents for [the] energetic transition. Our gratitude goes to our five original partners, who made this “crazy” project to change our energy model possible. Now we have succeeded [in] this first step, we are ready to go faster.

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This second fundraising of 50 million euros, from SWEN Capital job function email database Partners, Bank of the Territories and its original partners, will allow Lhyfe to devote 30 million euros to strengthening its deployment and R&D; teams, in France and abroad. Lhyfe currently employs 60 people and aims to double this figure in 2022.

The company already has teams in France, Germany, Belgium, Denmark and Portugal. These will be joined in the coming weeks by new teams in Sweden, the Netherlands, Spain and Italy.

On the R&D; side, the production of offshore wind turbines will be accelerated, with the installation of the first demonstrator for the production of hydrogen at sea, on the SEM-REV offshore pilot site, off Le Croisic from 2022, and the development of New projects .