Tulum Energy, a methane pyrolysis startup, has successfully closed a $27 million venture financing round with leading investors such as CDP Venture Capital and TDK Ventures. The company specializes in revolutionary methane pyrolysis technology, which produces clean turquoise hydrogen and solid carbon without CO2 emissions. This process aims to overcome economic and infrastructural challenges faced by traditional hydrogen production methods. TechEnergy Ventures, in collaboration with Tenova, formed Tulum Energy to leverage industrial expertise for steel decarbonization. The investment will fund the construction of a pilot plant in Pesquería, Mexico, within Ternium's industrial complex, and establish an Italian subsidiary in Milan. Tulum Energy's CEO, Massimiliano Pieri, highlights the technology's scalability and energy efficiency, while industry experts commend the innovative repurposing of existing machinery for carbon-neutral hydrogen production. The global investment reflects confidence in Tulum Energy's impact on industrial decarbonization and the green transition, emphasizing Italy's role in specialized manufacturing for clean energy solutions.