Spark Cleantech
Overview
Spark Cleantech is an innovative renewable energy company specializing in the production of hydrogen through methane plasmalysis, a process that minimizes electrical usage and eliminates CO2 emissions. Founded in 2022 by Erwan Pannier and Patrick Peters, the company is headquartered in Gif-sur-Yvette, France. As of December 2025, Spark Cleantech has raised €34 million in total funding, with significant backing from venture capitalists such as 360 Capital and Taranis. The firm is dedicated to transforming industrial applications by providing a sustainable alternative to fossil fuel use while also generating valuable carbon materials.
Recent Developments
- December 2025: Spark Cleantech announced a successful €30 million Series A funding round. This injection of capital will facilitate the scaling up of its technologies, enabling the company to finalize and operate its first production module. The round was led by 360 Capital and included significant investment from Taranis and the Île-de-France Reindustrialisation Fund.
- October 2023: The company secured a €1.40 million seed round from Asterion Ventures. This funding supported the deployment of industrial pilots and prepared Spark Cleantech for commercialization.
- 2023 Developments: Throughout the year, Spark advanced its production capabilities and expanded its footprint within the heavy industry sectors such as metallurgy and glass manufacturing by introducing their decarbonized hydrogen solutions.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | Gif-sur-Yvette, France |
| Founders | Erwan Pannier, Patrick Peters |
| Revenue | €1M to €5M |
| Profits | Not disclosed |
| Key Investors | 360 Capital, Taranis, Asterion Ventures |
| Industry | Renewable Energy |
| Number of Employees | Approximately 26 |
Early History
Spark Cleantech emerged from the innovative environment of CentraleSupélec, where initial prototypes of its methane plasmalysis technology were developed. The co-founders leveraged academic insights to refine a process that effectively converts methane into hydrogen and solid carbon. Initially drawn to the potential of producing hydrogen with minimal energy consumption, the founders focused on creating a scalable technology that met the emerging global demand for carbon-neutral industrial processes. The early days were marked by technological refinement and securing initial funding from Asterion Ventures, which enabled them to scale their operations from pilot projects to industrial applications.
Company Profile and Achievements
Spark Cleantech's business model is centered on providing on-site hydrogen production solutions to heavy industries, replacing conventional fossil fuels with their uniquely decarbonized alternatives. Utilizing their patented pulsed plasmolysis technology, Spark offers a dual-output system generating both hydrogen and high-value solid carbon.
- Milestones:
- Developed and patented pulsed plasmolysis technology.
- Successfully completed several funding rounds, amassing €34 million since inception.
- Initiated industrial pilot projects to demonstrate technology viability and market demand.
- Technological Achievements:
- Implemented a 85% reduction in emissions compared to traditional methods.
- Achieved cost parity in hydrogen production with existing fossil gas methods.
Current Operations and Market Position
Currently, Spark Cleantech operates production modules that align directly with their clients' gas networks to supply decarbonized hydrogen efficiently and economically. Their technology not only replaces harmful fossil fuels in industrial heating applications but also integrates seamlessly into existing industrial infrastructures, minimizing the need for costly retrofits. Their unique approach positions them as a leader in the sustainable energy transition, particularly within the metallurgy, glassmaking, and polymer production sectors.
Conclusion
Spark Cleantech stands out in the renewable energy landscape as it bridges the gap between clean technology and practical industrial applications. Their innovative approach to hydrogen production presents both environmental and economic benefits, catering to industries seeking sustainable transformation without compromising on performance or profitability. With significant funding and strategic investment, Spark Cleantech is poised to continue its growth and expand its influence, promising a substantial impact on the decarbonization of heavy industries worldwide.