Kevin Bush, a Stanford graduate, built a few 2,200-degree furnaces and won a Breakthrough Energy grant for his work..

Why it matters: Bush and his co-founder, Caleb Boyd, say they have developed an efficient means of producing clean hydrogen, especially for the petrochemical and heavy industrial sectors.

  • His company, Molten Industries, has raised about $2.5 million since launching in 2021.

Get up to speed quickly: Breakthrough Energy, the climate organization founded by Bill Gates, announced this morning that it has accepted another batch of companies into its fellows program. The scholarship provides funding and mentorship to early-stage startups.

Driving the news: “We basically make reactors that don’t clog. And we get the carbon out as a solid, which can be easily sequestered instead of as gaseous CO2, which is very difficult to separate from the air,” Bush. Alan tells him.

  • That carbon could also be sold for an additional source of income, Bush says.

Editor’s note: This story has been corrected to show that Breakthrough Energy (not Breakthrough Energy Ventures) runs the scholarship program.

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