TDK Corporation's subsidiary, TDK Ventures, Inc., has co-led a $27 million seed round for Tulum Energy, a startup that specializes in clean hydrogen solutions for industrial applications. Tulum Energy implements methane pyrolysis and repurposed mature industrial equipment to produce clean hydrogen, which is also known as turquoise hydrogen. The investment from TDK Ventures will enable Tulum to expedite the development of its innovative clean hydrogen production technology. This technology utilizes commercially available electric-arc plasma reactor technology to achieve cost parity with traditional hydrogen production methods while simultaneously reducing carbon emissions. Tulum, with the backing of TDK Ventures and other co-investors, anticipates entering commercial operations shortly after the initial pilot phase. The ultimate goal is for Tulum to reach hydrogen production costs that either match or surpass fossil fuel-based alternatives, all without the need for incentives or the sale of the potentially valuable carbon co-product.