Brembo and SIAD join Hydrospark to boost innovation in hydrogen energy solutions

SIAD – an international group active in Industrial Gases, Engineering, LPG, Natural Gas and Healthcare sectors – and Brembo – a global leader in braking systems, investing through its venture capital unit, Brembo Ventures – have announced their investment in Hydrospark, a start-up supported and launched by Petroceramics, which is specialized in the development of advanced technology for hydrogen energy production and storage. The agreement foresees an equal investment up to €1 million from each company. 

Hydrospark brings major innovation into the sector: a modular, scalable platform built on proprietary ceramic materials and optimized manufacturing processes, enabling the production of Solid Oxide Cells with higher energy density and reduced manufacturing costs. Solid Oxide Cells, developed by Hydrospark, produce electricity and heat from hydrogen with high efficiency and zero emissions. They can also convert renewable energy into hydrogen, providing an advanced solution for sustainable energy storage. 

This new promising technology represents a fundamental step into the construction of an efficient and sustainable hydrogen supply chain. The start-up has already achieved significant industrial milestones and established collaborations with international partners. By its second year of operations, it aims to break-even and achieve an annual production capacity of one million cells. 

Fabrizio Gualandris, CEO of Hydrospark, commented: “Welcoming two highly prestigious private companies into our shareholder base represents a key strategic step. This investment will allow us to validate our technology in an actual production facility, while seizing the opportunity to grow and position ourselves as a leading player in the hydrogen market.”

Gatti Pavesi Bianchi Ludovici advised both the existing shareholders, as well as Brembo and SIAD. The team was led by equity partner Barbara Napolitano and composed of associates Carlotta Marconi and Mario Di Pietro.