Zepp Solutions receives public and private investments totalling EUR3m
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By Bradley Osborne - 5th June 2024
Production of fuel cell system by Zepp Solutions
Netherlands – A further EUR3m has been secured by startup company Zepp Solutions BV of Delft, Netherlands, which will use the money to expand production of its fuel cell systems for medium- to heavy-duty applications.
The EUR3m investment into Zepp has come from an “energy transition” fund provided by the City of Rotterdam and an unnamed private investor who is “deeply embedded in the Rotterdam tech scene”. The money comes less than a year after the EUR2m European Union grant which Zepp announced would be used to build a fuel cell production facility.
