Tulum Energy, a pioneering startup specializing in methane pyrolysis, has successfully secured a $27 million venture financing round. This significant investment, led by CDP Venture Capital's Green Transition Fund and TDK Ventures, among others, highlights the strong market confidence in Tulum Energy's innovative approach to clean hydrogen production. The company's groundbreaking technology utilizes methane pyrolysis to generate 'turquoise' hydrogen and solid carbon without producing CO2, addressing the challenges associated with traditional hydrogen production methods. Tulum Energy's CEO, Massimiliano Pieri, emphasized the scalability and energy efficiency of their technology, making it a competitive choice for major industrial hydrogen consumers. The funding will be used to build a pilot plant in Mexico and establish an R&D hub in Milan, Italy, leveraging the country's manufacturing expertise. With the global demand for hydrogen expected to rise significantly in the near future, Tulum Energy is well-positioned to offer a sustainable and cost-effective solution for industrial decarbonization.