BOSTON, Massachusetts, June 3 -- Foley Hoag, a law firm, issued the following news:
Foley Hoag LLP represented Modern Hydrogen (formerly Modern Electron), a sustainable heat and hydrogen company, in an oversubscribed $32.8 million Series B-2 funding round, led by NextEra Energy, with participation from Muira, National Grid Partners and existing investors.
Modern Hydrogen will leverage the investment to scale-up the capacity of its hydrogen production units.
The capital will also be utilized to expand the company's clean carbon material offerings and boost its global market presence via a partnership with Miura in Japan.
The Foley Hoag team representing Modern Hydrogen in the funding round included attorneys Mark Haddad and Emily Cain.
* * *
Original text here: https://foleyhoag.com/news-and-insights/news/2023/june/foley-hoag-represents-modern-hydrogen-in-32-million-series-b2-financing/