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Solar startup Sun Catalytix gets funding – Rumour
Massachusetts-based Sun Catalytix has reportedly raised USD700,000 in seed funding from Polaris Venture Partners, according to Xconomy. The company remains in stealth and was founded by Daniel Nocera, a chemistry professor at MIT. Nocera claims to have developed a cheap catalyst that can split water into hydrogen and oxygen at room temperature. The hydrogen produced can be burned or used in combination with a fuel cell to generate electricity. Nocera says that powering the electrolyser with solar panels could be a cost-effective way of storing solar energy.
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