Hystar

Norway
Høvik, Akershus, Norway

Company profile

Hystar company profile

Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various critical energy challenges and having the potential to reduce greenhouse gas emissions.

Business identity

Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2020-01-01, Year

Headquarters

Country code
NO
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
4
Total equity funding
$61.8M
Last funding
Series C / $36M / 2025-05-12
Last equity funding
Series C / $36M
Investors
14
Lead investors
3
Articles
6

Categories and groups

Founders and investors

Lead investors

AP VenturesEuropean UnionMitsubishi Corporation

Investors

AP VenturesEuropean UnionHillhouse InvestmentMitsubishi CorporationTrustbridge Partners