Tulum Energy, a Milan-based startup spun out of Techint Group, is making waves in the hydrogen production industry with its innovative approach to clean hydrogen solutions. The company has attracted a $27 million seed round investment co-led by TDK Ventures, Inc., a subsidiary of TDK Corporation, to accelerate the development of its unique hydrogen production technology. Tulum's method involves methane pyrolysis, known as turquoise hydrogen, utilizing electric-arc plasma reactor technology to achieve cost parity with traditional methods while significantly reducing carbon emissions. The company aims to commercialize a scalable hydrogen production approach by repurposing industrial equipment, particularly electric arc furnace technology. This strategy enables Tulum to deliver hydrogen at competitive costs with a substantial reduction in greenhouse gas emissions. Notably, Tulum's technology offers higher efficiency, scalability, cost competitiveness, non-catalytic operation, and reduced land footprint compared to other clean hydrogen solutions. The leadership team at Tulum, led by CEO Massimiliano Pieri and CTO Donald Kendrick, brings valuable expertise in energy technologies and scaling innovative solutions. With TDK Ventures' investment and support, Tulum is poised to revolutionize the hydrogen market by meeting the immediate needs of heavy industry with a sustainable and cost-effective hydrogen production model. The company plans to construct its first pilot plant in Mexico, strategically located within the industrial complex of Ternium, a leading steel company in Latin America. This strategic move aligns with Tulum's vision of commercializing its hydrogen production technology to decarbonize heavy industry sectors and create a more sustainable future. The collaboration between TDK Ventures and Tulum Energy signals a positive shift towards advancing clean energy solutions and combating climate change in the industrial sector.