Hystar is a technology company making game-changing PEM electrolysers for green hydrogen production!
Location: Norway, Høvik verk
Employees: 11-50
Total raised: $26M
Founded date: 2021
Investors 1
| Date | Name | Website |
| - | MOL Switch | molswitch.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 11.01.2023 | Series B | $26M | - |
Mentions in press and media 9
| Date | Title | Description |
| 16.05.2024 | 10 Norwegian startups to watch in 2024 | The Norwegian tech ecosystem has experienced significant growth and development in recent years, fueled by a combination of factors including government support, access to capital, a highly educated workforce, and a culture of innovation. S... |
| 22.05.2023 | Johnson Matthey and Hystar agree strategic partnership | LONDON, May 22, 2023 /PRNewswire/ -- Johnson Matthey (JM), a global leader in sustainable technologies, and Hystar, a Norwegian high-tech hydrogen company, have signed a three-year strategic supply agreement to ramp up renewable (green) hyd... |
| 11.01.2023 | Hystar Raises $26M in Series B Funding | Hystar, an Oslo, Norway-based provider of PEM electrolysers for green hydrogen production, raised $26M in Series B funding. The round was co-led by AP Ventures and Mitsubishi Corporation with participation from Finindus, Nippon Steel Tradin... |
| 11.01.2023 | Hystar raises USD 26mn to scale up to full commercial operations | Hystar AS (www.hystar.com), the Norwegian high-tech hydrogen company, today announces a Series B funding round of USD 26mn to rapidly scale-up to full commercial operations with an automated GW-capacity production line by 2025. The injectio... |
| 11.01.2023 | Norwegian hydrogen company Hystar bags €24.1M to scale up commercial operations | Hovik, Norway-based Hystar, a high-tech hydrogen company and a spin-off of SINTEF, announced on Wednesday that it has secured $26M (approximately €24.1M) in a round of funding co-led by AP Ventures and Mitsubishi Corporation. Finindus, Nipp... |
| 11.01.2023 | Norway’s Hystar raises $26 million to scale up green hydrogen production | Oslo-based Hystar has raised $26 million in a Series B funding round. With the new capital, the company plans to rapidly scale up commercial operations of its green hydrogen production plans as it expands into new markets and aims to have t... |
| 10.11.2022 | Hystar announces Yara Clean Ammonia joining HyPilot | At the end of September, Hystar announced that Yara Clean Ammonia will join the HyPilot project, which will see the first in-field test of Hystar’s 1 MW containerized electrolyser. The PEM electrolyser will be commissioned in the second hal... |
| 16.11.2021 | New technology for production of green hydrogen will support future energy needs | New technology for production of green hydrogen will support future energy needs Tue, Nov 16, 2021 08:10 CET Semcon is collaborating with Norwegian company Hystar to develop new technology for hydrogen gas production. The project aims to in... |
| - | Hystar | “Hystar is a high tech company specializing in advanced PEM electrolysers for large scale green hydrogen production, that is 100% sustainable.” |