Spark Cleantech, a France-based company specializing in methane plasmolysis, has closed a €30 million Series A funding round. The investment will help the company finalize its first production module and begin deploying units at client facilities.
The technology tackles one of the toughest decarbonization challenges: high-temperature industrial furnaces. Spark Cleantech's system installs between a facility's existing gas network and its burners. Using pulsed plasma, it strips carbon from natural gas before combustion, leaving pure hydrogen as the fuel source.
The process generates two valuable outputs. Hydrogen powers the furnace with zero carbon emissions. The extracted carbon becomes a solid nanomaterial used in polymers and battery manufacturing, replacing petroleum-derived materials with a lower-footprint alternative.
>> In Other News: Frozen Hydrogen Production Begins In The Arctic — 1.55 GW To 109,000 Tons At Nearly 0ºF
Technology with Deep Roots
The pulsed plasmolysis method was originally invented at Stanford University, further developed at CentraleSupélec in France, and industrialized by Spark Cleantech. The approach minimizes energy consumption during separation while producing high-value carbon.
"We succeeded in deploying a first industrial pilot in under a year," said Patrick Peters, Co-Founder of Spark Cleantech. "This funding will enable the scale-up that industrial players are seeking to reduce their carbon footprint cost-effectively."
What's Next
The company is currently testing its modules with major clients in metallurgy, glassmaking, polymer production, and battery manufacturing. Commercial unit deployment is targeted for 2027, with initial contracts already signed.
Spark Cleantech plans to add 20 new roles across commercial operations, engineering, and R&D as part of this expansion.
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