Emerging and High Growth Companies

EPS Ventures as investor in Ayrton Energy’s $9.1-million Seed funding round

EPS Ventures
Key Contact
Justin D. Young

Partner, Emerging and High Growth Companies, Vancouver

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

On September 24, 2024, Ayrton Energy announced the closing of its $9.1-million Seed funding round led by Clean Energy Ventures and BDC Capital, with participation from EPS Ventures. Ayrton Energy plans to use the funding to advance the U.S. expansion of its hydrogen storage solution.

Ayrton Energy, based in Calgary, Canada, is the developer of a first-of-a-kind clean hydrogen storage system to enable stable, long-term storage and transportation at room temperature. Ayrton’s scalable solution supports the widespread deployment of clean hydrogen globally for an emissions-free future.

EPS Ventures, based in Singapore, is a venture capital firm investing in the future of maritime, supply chain and sustainability.

Osler, Hoskin & Harcourt LLP advised EPS Ventures with a team consisting of Justin Young and Patrick Musgrave (Emerging and High Growth Companies).

Value
$9.1 million
Date Announced
Sep 24, 2024
Lead Office
Vancouver
Key Contact
Justin D. Young

Partner, Emerging and High Growth Companies, Vancouver

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary