London, UK – 15 September 2025 – Snowfox Discovery Ltd (“Snowfox”), an industry leader in natural hydrogen exploration, announces the formal close of it’s series A funding round.

Mark Gainsborough, Chairman Snowfox Discovery, commented;‍

I am delighted to formally announce the close of SnowfoxDiscovery’s oversubscribed $30m series A funding round. Led by bp Ventures, with support from Rio Tinto Ventures and Oxford Science Enterprises, we now welcome APVentures, The Bamford Family and OxfordCapital Partners LLP . It’s an exciting combination of strategic and financial investors, all of whom understand the need for cost competitive low carbon molecules in the energy system of the future.

More about Snowfox:

At SnowfoxDiscovery we are exploring the potential for natural hydrogen to play akey role in the energy transition. Our purpose is to verify the existenceof natural hydrogen accumulations of a scale and quality needed for economicsuccess through focussed exploration in locations with line of sight tocommercial off-takers. We will use this investment to continue to developour sector-defining technology, expand our operational base and deliver aglobal portfolio of world-leading natural hydrogen opportunities. This ismade possible by the efforts of the SnowfoxDiscovery team, who combine leading scientific knowledge with a provenexploration track record. We look forward to sharing the details of ourprogress in the coming months and years