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The University of Tulsa and Hurricane Ventures have invested in Tobe Energy, an electrolysis startup co-founded by UTulsa alumni Colby DeWeese and Caleb Lareau. This funding aims to enhance clean hydrogen production's efficiency and affordability, supporting the transition to a low-carbon economy.

Launched in April 2023, Hurricane Ventures focuses on early-stage companies connected to the university, leveraging its resources for economic growth. Tobe Energy is developing a new electrolyzer that splits water into hydrogen and oxygen without emissions, potentially reducing production costs by up to 75%. The technology targets large-scale applications across energy, manufacturing, and transportation sectors.