DiviGas PTE LTD

DiviGas PTE LTD specializes in advanced membrane technology for hydrogen purification and gas separation in industrial applications, addressing critical challenges effectively with innovative solutions. DiviGas PTE LTD, founded in 2019 in Singapore, focuses on advanced membrane technology for gas separation. The company was co-founded by Ali Naderi and Andre Lorenceau, the current CEO who has led other ventures in related fields. As of October 2021, DiviGas raised USD 3.

74 mn in a Seed funding round, bringing the total amount raised to USD 3. 74 mn, with a current valuation of USD 11. 415 mn. Notable investors include Energy Revolution Ventures, MANN+HUMMEL, Amasia, Entrepreneur First, and Volta Energy Technologies, among others.

DiviGas specializes in advanced membrane technology aimed at the purification of hydrogen and the separation of gases in various industrial applications. Their core offerings focus on innovative membranes utilizing polymer nanotechnology, enhancing affordability while eliminating the need for costly exotic materials. These membranes effectively address challenges that arise when hydrogen is mixed with CO2, acidic gases, and heavy molecules, making them suitable for critical applications such as hydrogen recovery, syngas separation, and ammonia production. Targeting sectors including petrochemicals, metallurgy, and biomass, DiviGas's products serve a diverse client base ranging from refineries to chemical manufacturers, gaining traction in North America, Europe, and Asia.

DiviGas operates on a B2B model, generating revenue through the sale of their flagship membrane products designed for high efficiency in purification processes, particularly in hydrogen applications. In 2023, the company reported revenue of USD 77,425. 90 and an EBITDA of USD -2,341,873. 90.

Their transactions typically involve long-term contracts which may include subscription-based agreements for ongoing supply or maintenance, ensuring steady revenue streams in the industrial gas purification market. Following their most recent funding deal on October 1, 2021, DiviGas plans to utilize the USD 3. 74 mn raised to enhance technologies aimed at revolutionizing the hydrogen production industry, supporting the new green economy. They are focusing on launching new membrane products and expanding into international markets, particularly in North America, Europe, and Asia by 2025, leveraging their innovative technology to clean up the hydrogen production sector.