ReCatalyst – €1.7M raised after EIT Jumpstarter and EIT RawMaterials programs

Success at a Glance

  • Improved fuel cell performance for cleaner energy.
  • Raised €1.7M in capital from global investors.
  • Transitioned from PhD research to market-ready technology.

About ReCatalyst

ReCatalyst is a Slovenia-based innovator in the raw materials sector. The company develops next-generation platinum-alloy catalyst solutions to enhance fuel cell performance, accelerating the transition to cleaner energy and sustainable transport systems.

EIT and Investor Support

Key Milestones

  • Secured €1.7M in funding.
  • A dedicated team of 14 employees drives innovation.
  • Established headquarters in Ljubljana, Slovenia.

The Impact

ReCatalyst’s platinum-alloy catalyst technology revolutionizes fuel cell performance, offering a critical solution to decarbonize the energy and transport sectors. By enabling a more efficient transition to hydrogen energy, the company supports global efforts to reduce carbon emissions and develop sustainable energy systems.

CEO’s Perspective

Tomaž Bizjak, CEO and co-founder of ReCatalyst, highlights the company’s growth:

“The investment from a strong group of renowned international investors provides the company with crucial financial and operational support and positions it on a global scale. I take immense pride in the fact that we have transformed what was once a PhD research project into one of the most promising products in the market with substantial potential for future developments. While we have been successfully building our company with prestigious non-dilutive funding sources, we have now reached a stage where a more aggressive approach for growth has been absolutely critical in order to capitalize on the emerging hydrogen and catalysts market.”

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