Tulum Energy, a Milan, Italy-based methane pyrolysis startup, closed a $27m enterprise financing spherical.
The spherical was led by CDP Enterprise Capital (by its Inexperienced Transition Fund) and TDK Ventures and a world consortium of traders together with Tulum’s founder TechEnergy Ventures, MITO Know-how, by the MITO Tech Ventures fund, and Doral Power Tech Ventures.
Proceeds from this funding spherical will likely be strategically directed towards the development of the corporate’s pilot plant in Pesquería, Mexico, situated inside the industrial complicated of Ternium, a metal producer within the Americas.
Led by Massimiliano Pieri, CEO, Tulum Power is creating methane pyrolysis know-how. Methane pyrolysis is a chemical course of that consists in producing clear (turquoise) hydrogen and strong carbon utilizing pure fuel or biogas as a feedstock, with out CO2 emissions. The corporate will launch Tulum Power’s Italian subsidiary in Milan, which, by leveraging on the Italian manufacturing provide chain and expertise, will function the central hub for analysis, growth, and engineering actions for the Pilot and the next business crops Tulum will develop.
FinSMEs
08/07/2025
