KAIST Alumni Finally Crack the 'Clean Hydrogen' Dream of Steel Mills and Refineries Worldwide
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HydroXpand
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Chosun Ilbo's The Vivid met with CEO Hyun Jong-hyun following his Grand Prize win at the Chung Ju-yung Startup Competition Climate Tech track. The feature covers everything from the decision to start the company based on AEM electrolyzer research conducted during his KAIST doctoral program, to the milestones of raising KRW 500 million in Seed funding and KRW 1.5 billion in Pre-Series A funding, and surpassing KRW 20 million in monthly recurring revenue (MRR). CEO Hyun stated: "Entrepreneurship is the attitude of solving imperfect problems. You must go beyond doing what others do just a little better, and instead head in a direction no one has ever gone before."