REMA wins CHF 150,000 to make green hydrogen production affordable and efficient
11.12.2023
By significantly improving production efficiency, REMA enables widespread adoption of green hydrogen, supporting global sustainability goals in the transition to clean energy. The startup was awarded CHF 150,000 by Venture Kick, winning the third stage of the program.
 REMA’s Co-Founders: Ioakeim Sioutis (Lead Engineer), Prof. Demetri Psaltis (Advisor), and Steven Schenk (CEO)
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The high cost of green hydrogen production limits its widespread adoption, preventing progress in achieving a sustainable energy transition. REMA addresses this challenge through its innovative proprietary membrane-less electrolysis technology, making green hydrogen production more affordable and efficient at any scale. By employing fluid mechanics, REMA eliminates the costly and fragile membrane found in conventional electrolyzers, ensuring high purity and operation at higher temperatures. This results in a reduction in costs of up to 40% and an efficiency of up to 95%, as well as simplified construction processes. REMA's innovative solution aligns with the exploding demand for sustainable energy solutions, supporting global efforts to transition away from carbon and fossil fuels. Within the hydrogen production landscape, REMA aims to bridge the gap in hydrogen adoption for centralized and localized applications.
As of 2020, the global hydrogen market stood at an estimated USD 125 billion, dominated by non-green hydrogen sources. Current projections indicate a substantial increase to USD 225 billion by 2030, with prevalent grey hydrogen being replaced by greener alternatives. REMA aims to enable this transition by boosting the emerging localized green hydrogen market with electrolyzer costs, opening up significant potential, and attracting interest from various companies.
REMA will invest CHF 150,000 of Venture Kick to advance product development. The objective is to launch its inaugural membrane-less electrolyzer by 2025, to be deployed in two pilot projects in Western Switzerland. This crucial support not only empowers the REMA team but also positions the company to make a significant impact in an intensely competitive environment.
The startup is led by CEO Steven Schenk and CTO Ioakim Sioutis. The team also includes Dr. Pooria Hadikhani, a fluid mechanics expert, Prof. Demetri Psaltis, Director of the EPFL's Optics Lab, and Prof. Nikos Stergiopoulos, an EPFL professor and founder of Comphya, and Rheon Medical.
“Venture Kick has played a key role in the development of a robust business foundation for REMA. The initial financial backing and coaching provided by Venture Kick have pushed us significantly forward, encouraging essential connections with both local and global industry leaders and investors,” said Steven Schenk, CEO of REMA. “The insights gained throughout the competition have undeniably shaped the present trajectory of REMA.”
REMA’s Co-Founders: Ioakeim Sioutis (Lead Engineer), Prof. Demetri Psaltis (Advisor), and Steven Schenk (CEO)
As of 2020, the global hydrogen market stood at an estimated USD 125 billion, dominated by non-green hydrogen sources. Current projections indicate a substantial increase to USD 225 billion by 2030, with prevalent grey hydrogen being replaced by greener alternatives. REMA aims to enable this transition by boosting the emerging localized green hydrogen market with electrolyzer costs, opening up significant potential, and attracting interest from various companies.
REMA will invest CHF 150,000 of Venture Kick to advance product development. The objective is to launch its inaugural membrane-less electrolyzer by 2025, to be deployed in two pilot projects in Western Switzerland. This crucial support not only empowers the REMA team but also positions the company to make a significant impact in an intensely competitive environment.
The startup is led by CEO Steven Schenk and CTO Ioakim Sioutis. The team also includes Dr. Pooria Hadikhani, a fluid mechanics expert, Prof. Demetri Psaltis, Director of the EPFL's Optics Lab, and Prof. Nikos Stergiopoulos, an EPFL professor and founder of Comphya, and Rheon Medical.
“Venture Kick has played a key role in the development of a robust business foundation for REMA. The initial financial backing and coaching provided by Venture Kick have pushed us significantly forward, encouraging essential connections with both local and global industry leaders and investors,” said Steven Schenk, CEO of REMA. “The insights gained throughout the competition have undeniably shaped the present trajectory of REMA.”
REMA’s Co-Founders: Ioakeim Sioutis (Lead Engineer), Prof. Demetri Psaltis (Advisor), and Steven Schenk (CEO)