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Koloma: The Hydrogen Wildcatter
A $306M bet on extracting clean energy from the Earth's crust
While the world debates solar and wind, Koloma is drilling deep into the Earth's crust to unlock a pre-existing, naturally occurring hydrogen source. They aren't inventing a new molecule; they are industrializing a geological phenomenon.
"Koloma isn't waiting for the hydrogen economy to mature—they are drilling into the Earth to find it naturally."
The Natural Hydrogen Play
Koloma is tackling the 'Holy Grail' of clean energy: natural hydrogen (or white hydrogen). Unlike green hydrogen (energy-intensive electrolysis) or blue hydrogen (natural gas reforming), natural hydrogen exists in subsurface reservoirs. The company's model is geological exploration—finding and tapping these reservoirs. This is a high-risk, high-reward strategy reminiscent of the early oil boom, but for a zero-carbon fuel.
The Funding Anomaly
With only 49 employees and $6.9M in revenue, Koloma has raised a staggering $306M. This capital efficiency is unusual. It suggests investors (including major players like Breakthrough Energy Ventures) are betting heavily on the intellectual property and geological mapping technology, not current operations. The low traffic (2,333 monthly visits) indicates they are pre-commercial, focusing on R&D and land acquisition rather than public marketing.
- IP Moat: Developing proprietary methods to locate subsurface hydrogen reservoirs.
- Geological Expertise: Led by Tom Darrah (CTO), a renowned expert in fluid geochemistry.
- Land Grab Strategy: Securing rights in the Midwest (evidenced by 'Iron Range Exploration' keywords) before commercialization.
The search data reveals a specific geographic focus. The top keywords include 'Iron Range Exploration LLC' and 'Minnesota hydrogen,' pointing to heavy activity in the Iron Range region. This isn't a global play yet; it's a targeted geological survey. The lack of organic keywords beyond branded terms suggests the market for 'natural hydrogen' is still nascent—Koloma is creating the category, not competing in an established one.
The Verdict: A Geological Speculation
Koloma is a venture-backed bet on geology, not hardware. If they succeed, they redefine 'clean energy' by going back to the source.
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Koloma is revolutionizing clean energy by harnessing naturally occurring hydrogen from deep within the Earth.
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About koloma.com
Koloma is revolutionizing clean energy by harnessing naturally occurring hydrogen from deep within the Earth.
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koloma.com uses 17 technologies across their website including Font Awesome, Adobe Fonts, HSTS, PHP, and more.
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koloma.com receives approximately 2.3K monthly visitors and ranks #7,062,560 globally. The website has a bounce rate of 53% with visitors viewing an average of 1.6 pages per visit. Users spend an average of 0:22 on the site.
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