Koloma is a geologic hydrogen company that uses proprietary technology, data, and human capital to identify and commercialize subsurface hydrogen resources globally. Its technology is based on research by co-founder and CTO Tom Darrah of Ohio State University, and the company's work focuses on determining geological processes that control fluid migration, developing geochemical techniques to improve unconventional energy exploration and extraction, and applying isotope geochemistry to evaluate environmental and health impacts. Koloma aims to commercialize these geologic hydrogen resources at scale. The company disclosed a $245.7 million funding round in an SEC filing on February 9; the article says the round was led by Khosla Ventures and included strategic investors. The financing boosted Koloma's total funding to over $300 million and was disclosed a day after it won a U.S. Energy Department research grant for stimulating hydrogen production and extraction. Founders named in the article include CEO Pete Johnson, CTO Tom Darrah, and Chief Business Officer Paul Harraka.

Total raised

$246M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024