Hydrogen company Fabrum raises $23m from global investors

Fabrum founders Hugh Reynolds and Christopher Boyle with chief executive Dr Ojas Mahapatra. (Image: Fabrum)

Wed, 08 Feb 2023

Christchurch company Fabrum, described as a leading player in the green hydrogen industry, has completed a $23 million capital raise.Founded in 2004, the company has earned a global reputation supplying small-to-medium-scale liquefaction systems and composite cryogenic vessels.Its products are used in the heavy transport, mining and aviation markets.In a statement on Wednesday, Fabrum announced it had secured $23m in a raise led by London-headquartered AP Ventures, with input from Fortescue Future Industries, Japan-based Obayashi Corporation an...

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