Meritz Securities has invested 40 billion won ($30 million) in hydrogen fuel cell firm MicoPower, marking its first venture capital move of the year and underscoring the growing importance of domestic hydrogen technology in South Korea’s energy strategy.
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Meritz Securities Bets 40 Billion Won on Hydrogen Firm MicoPower—Venture Capital Investment

Meritz Securities has invested 40 billion won ($30 million) in hydrogen fuel cell firm MicoPower, marking its first venture capital move of the year and underscoring the growing importance of domestic hydrogen technology in South Korea’s energy strategy.

Yonhap Infomax