Tulum Energy, a forward-thinking startup specializing in methane pyrolysis, has successfully closed a $27 million venture financing round, marking a significant milestone for the company. The funding was led by CDP Venture Capital and TDK Ventures, among other global investors, signifying strong confidence in Tulum Energy's unique approach to clean hydrogen production. The core of Tulum Energy's innovation lies in developing a breakthrough technology for methane pyrolysis, enabling the production of clean, or 'turquoise,' hydrogen and solid carbon without emitting CO2. This technology boasts high scalability and exceptional energy efficiency, making it attractive to large industrial consumers of hydrogen. The company plans to construct a pilot plant in Pesquería, Mexico, in collaboration with Ternium, a leading steel producer, leveraging existing machinery from the steelmaking industry for hydrogen production. By sidestepping economic and infrastructure challenges, methane pyrolysis offers a promising path for industrial-scale decarbonization. Tulum Energy's journey began with TechEnergy Ventures and Tenova, partners who strategically built the company from the ground up, setting a strong foundation for its success. The investment and support from CDP Venture Capital and TDK Ventures aim to accelerate Tulum Energy's technological development and commercialization efforts, driving innovation in the green economy. With a focus on industrial decarbonization and sustainability, Tulum Energy is poised to revolutionize the clean hydrogen industry with its scalable and efficient turquoise hydrogen production technology.