Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen for the decarbonisation of mobility and industry, has announced the successful completion of its first crowdfunding campaign on the Lita.co platform.

The campaign, launched in May, made it possible for the general public to invest in four of Lhyfe’s sites in France and Germany. This was a first for Lhyfe, but also for the renewable green hydrogen sector, responding to the growing popularity among the general public of this accessible format for investing and taking action. The initiative aimed at promoting a collective effort with respect to the energy transition.

Nearly 1,200 people took part in the fundraising campaign, investing amounts ranging from €300 to €75,000, for a total of €2.5 million. The average amount raised in Lita fundraising campaigns is typically around 0.5€m, with an average of around 320 investors – these indicators were exceeded by Lhyfe, reflecting the success of this crowdfunding operation.