Bluepoint invests in joint venture with POSCO Holdings to establish hydrogen startup Enphorus.

Deep tech accelerator Bluepoint Partners announced on the 21st that it established and invested in Enforus, a next-generation high-temperature solid oxide electrolysis (SOEC) solution company, through a company building project with POSCO Holdings .

This company building project is a new form of collaboration model for rapidly commercializing technologies owned by large corporations, combining POSCO Holdings' SOEC core technology with Bluepoint's planning and commercialization capabilities.

Enphorus' core competitive edge lies in its high-efficiency SOEC stack technology, which can increase hydrogen production at the same current density. SOEC, a technology that produces hydrogen through water electrolysis in high-temperature environments, offers higher energy efficiency than conventional alkaline water electrolysis methods and is considered a key technology for achieving carbon neutrality.

The two companies have granted Enphorus an independent decision-making structure, based on a strategy of combining the proven technological assets of a large corporation with the independent operational system of a startup to enhance market responsiveness and scalability. This approach allows Enphorus to leverage POSCO's technological assets while maintaining the agility of a startup, enabling it to respond to rapidly changing market conditions.

To strengthen technological leadership and business drive, Dr. Jinsoo Ahn, who has led SOEC research and development at the Research Institute of Industrial Science and Technology (RIST), a POSCO-affiliated research institute specializing in commercialization, has been appointed CEO of Enphorus. Key research personnel for the technology will also join the company, overseeing technology development and commercialization.

POSCO Holdings and Bluepoint Partners made a seed investment upon the company's incorporation and plan to continue supporting Enphorus's continued growth. The two companies jointly planned the entire process, from technology discovery to launch.

Enphorus' high-efficiency SOEC stack technology is expected to serve as one of the core technology foundations for achieving the 2050 carbon neutrality goal being pursued by the POSCO Group.


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