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Hycamite

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Emission-free methane pyrolysis technology to produce carbon free hydrogen

Kokkola, FinlandFounded 2020Energy
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Hycamite and the history behind them.

About Hycamite

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Kokkola, Finland
Employees
61
Open positions
None listed
Dealroom signal
64.3/100
Industry
Energy
Sector
Energy, Hydrogen, Spinout, Sustainable Development Goals, Carbon Capture and Storage, Climate Tech, Hydrogen (Not Green), Point Source, Hydrogen Production, Woman Founder, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAMOther financing Nov 2025 $0 — EIT RawMaterials —
EARLY VCOther financing Jul 2025 $0 — CMA CGM ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding 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%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on 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 →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

  • Turret
  • Sojitz
  • Holdix
  • Stephen Industries
  • HAI Kapital
  • MOL PLUS
  • OMV Petrom
  • CMA CGM

Series B and later1 investor entered at this stage

  • Finnish Climate Fund

Other known investors2 additional known investors

  • University of Oulu
  • EIT RawMaterials
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.

Global footprint

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

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Hycamite on X, ranked by likes and reposts, corporate channels excluded.

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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