Hystar
Company

Last deal

$21.6M
Local Amount - EUR 24M

Amount

Series B

Stage

11.01.2023

Date

2

all rounds

$21.6M

Total amount

General

About Company
Hystar is a high-tech company that specializes in advanced PEM electrolysers for large-scale green hydrogen production.

Industry

Sector :

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founded date

01.01.2020

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Their technology uses a unique cell design and process architecture to reduce electricity consumption and increase hydrogen output. With their containerized PEM solutions, Vega, Mira, and Orion, Hystar enables professionals to tackle critical energy challenges and reduce greenhouse gas emissions. Founded in 2021 and based in Oslo, Norway, Hystar is at the forefront of sustainable hydrogen production.
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