Foley Hoag Represents Modern Hydrogen in $32.8 Million Series B-2 Financing

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.

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Original text here: https://foleyhoag.com/news-and-insights/news/2023/june/foley-hoag-represents-modern-hydrogen-in-32-million-series-b2-financing/