# Spark Cleantech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spark-cleantech

- Industry: Renewable Energy
- Headquarters: Gif-sur-Yvette, France
- Website: www.spark-cleantech.eu/
- Total disclosed funding: $22M
- Latest round: Series A (Dec 4, 2025)
- Investors on record: 4

## About

Based in Ile de France, France, and co-founded by Erwan Pannier (CTO) and Patrick Peters (CEO) in 2022, Spark Cleantech operates as a developer of plasma technology providing production sources of clean hydrogen. In December 2025, Spark Cleantech raised EUR 17 million in series A funding co-led by new investors 360 Capital and Taranis Investment, with participation from another new investor Innovacom. Returning investor Asterion Ventures also participated in the round. The round was part of a larger EUR 30 million funding.

The primary product offered by the company is a technology that leverages cold nanopulsed plasma (lightning in a box), to convert methane into hydrogen and carbon black, without CO2 (carbon dioxide) emissions. This approach, known as plasmolysis, involves the use of ionized gas generated by electric pulses, without excessive heating, ensuring high energy efficiency. Additionally, this process has the potential to significantly reduce greenhouse gas emissions while generating carbon-negative outputs.

The company plans to utilize the December 2025 funding to build and operate its first full-scale hydrogen production module, develop its carbon by-product for sale, and expand its team by around 20 employees for engineering, research, and commercial work.

## Funding rounds

- Series A, Dec 4, 2025, $20M — Innovacom, 360 Capital, Asterion Ventures, Taranis Investment
- Seed, Jul 28, 2023, $2.2M — Asterion Ventures

## Investors

- Asterion Ventures (https://capitalatlas.ai/funds/asterion-ventures) — Seed, Series A
- Innovacom (https://capitalatlas.ai/funds/innovacom) — Series A
- 360 Capital (https://capitalatlas.ai/funds/360-capital) — Series A
- Taranis Investment (https://capitalatlas.ai/funds/taranis-investment) — Series A