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TerraLIX develops PEM fuel cell power modules for mobility and power generation.
Founded in 2019 and based in Buan, TerraLIX develops air-cooled and water-cooled fuel cells and stacks for vehicles, ships, generators, and other applications. Its products include the HYCUS X1, T1, X10, and X20. In April 2022, it raised KRW 11 billion from SJ Investment Partners, DSC Investment, Ernest Ventures, Holistic Growth Initiative, K-Run Ventures, L&S Venture Capital, MegaInvestment, P&P Investment, Schmidt, and other investors.
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