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Hycamite

Energy · Kokkola, Finland · Founded 2020

Emission-free methane pyrolysis technology to produce carbon free hydrogen MoreLess

Hycamite is a startup that operates in the clean energy sector, focusing on decarbonizing industrial processes. The company has developed a proprietary technology based on methane pyrolysis, which is a process that breaks down methane into hydrogen and carbon using heat and catalysts. This technology allows Hycamite to provide its industrial clients with low-carbon hydrogen and sustainable carbon products, which can be used in a variety of demanding applications.

The company's target market is industries that use large amounts of natural gas, which is a significant source of carbon dioxide (CO2) emissions. By using Hycamite's technology, these industries can gradually increase their use of hydrogen, which is a cleaner alternative to natural gas. This can significantly reduce their greenhouse gas emissions and contribute to the global effort to combat climate change.

Hycamite's business model revolves around selling its low-carbon hydrogen and sustainable carbon products to its industrial clients. The company also offers its carbon capture, utilization, and storage (CCUS) technology, which can make hydrogen production even more environmentally friendly by using methane from biogas or synthetic methane made with carbon captured from the atmosphere.

In terms of financials, Hycamite generates revenue by selling its products and services to its industrial clients. The company's potential for growth is significant, given the increasing global demand for clean energy solutions and the need to reduce greenhouse gas emissions.

Keywords: Clean Energy, Decarbonization, Methane Pyrolysis, Low-Carbon Hydrogen, Sustainable Carbon Products, Industrial Clients, Greenhouse Gas Reduction, Carbon Capture, Utilization and Storage (CCUS), Hydrogen Production, Environmental Sustainability.

Company overview

Hycamite company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2020
Headquarters
Kokkola, Finland
Employees
61
Open positions
None listed
Dealroom signal
64.3
business modelManufacturingsectorHydrogensectorSpinoutsectorSustainable Development GoalssectorCarbon Capture and StoragesectorClimate TechsectorHydrogen (Not Green)sectorPoint SourcesectorHydrogen ProductionsectorWoman FoundersectorDT and LSsectorscience-basedindustryEnergyclient focusb2b

Valuation & funding

Hycamite funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAMOther financing Nov 2025 $0 EIT RawMaterials
EARLY VCOther financing Jul 2025 $0 CMA CGM
SERIES AOther financing Jan 2025 $45M $182M MOL PLUS · Stephen Industries · Holdix · Turret
EARLY VCOther financing Jul 2023 $25M $100M Finnish Climate Fund · Turret · Sojitz · Holdix
DEBTDebt Feb 2023 $11M Finnish Climate Fund
SPINOUTOther financing Jan 2020 University of Oulu
Showing 6 recorded eventsUnlock the complete deal history →

Growth signals

Hycamite website traffic

Latest recorded traffic for Hycamite is 2K monthly website visits, down 25.9% over the last three months. Hycamite's team declined 23.8% over the past year.

Latest monthly visits2K 3-month web change-25.9% 1-year team growth-23.8%
Monthly website visits44 observations · Nov 2022–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Hycamite compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
ZEG PowerDelivers solutions for clean hydrogen production from gas, through its novel Technology with integrated carbon capture Bærum, Norway Operational 9 $24M $97M
Hydrogen Mem-TechProduces blue hydrogen from bio- and natural gas - and catches the CO₂ generated in the process Trondheim, Norway Operational
Peregrine HydrogenCreating hydrogen solutions, using a process that exploits the unique chemical properties of feedstocks Santa Cruz, United States Operational
Ekona PowerCreating a new solution to producing industrial scale hydrogen that is both low-cost and clean by converting natural gas into hydrogen, clean power, and pure CO2 that can be easily stored or used Burnaby, Canada Operational
ReverionWorking to replace combustion engine technology for biogas utilization, with the creating of high temperature fuel cell systems Eresing, Germany Operational
C-ZeroUnlocking the zero-emission energy embedded in natural gas using high temperatures to break down methane Goleta, United States Operational
BspklBspkl manufactures Catalyst Coated Membrane (CCM) for hydrogen Electrolysers Lower Hutt, New Zealand Operational
Greenlyte Carbon TechnologiesDevelopers of an air capture technology that turns ambient air into green hydro-carbons to eliminate fossil fuels Essen, Germany Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Hycamite's talent

Book a demo to see the people
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

11 investors on Hycamite's cap table

Sourced from Dealroom's funding and investor records.

Series A 8 investors entered at this stage
Turret
Sojitz
Holdix
Stephen Industries
HAI Kapital
MOL PLUS
OMV Petrom
CMA CGM
Series B+ 1 investor entered at this stage
Finnish Climate Fund
Other known 2 additional known investors
University of Oulu
EIT RawMaterials

Global footprint

Where Hycamite has talent and traffic

Workforce by country
4 countries with
team presence
🇫🇮 Finland94.7%
🇺🇸 United States1.8%
🇬🇧 United Kingdom1.8%
🇨🇦 Canada1.8%
4 countries shown

In the news

Latest news about Hycamite

Recent press, funding announcements, and product moves mentioning Hycamite — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Hycamite

An AI-synthesized read of the highest-engagement posts about Hycamite on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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