H
Hydrogen Mem-Tech
Energy · Trondheim, Norway · Founded 2017
Produces blue hydrogen from bio- and natural gas - and catches the CO₂ generated in the process MoreLess
Hydrogen Mem-Tech, established in Trondheim, Norway in 2017, is a company focused on hydrogen separation technology. Its foundation is built upon years of research and development on palladium membranes that originated within the energy company Reinertsen and SINTEF, one of Europe's largest independent research organizations. The company's core business involves designing and manufacturing compact and scalable palladium membrane separators that extract pure hydrogen from various gas streams, including natural gas and biogas. This patented technology utilizes an ultra-thin palladium alloy membrane which is exclusively selective to hydrogen, allowing it to separate ultra-pure hydrogen from other molecules with a recovery rate of up to 99%. The process also allows for the capture of carbon dioxide and other residual gases.
The company serves a global client base across a range of industries. Key markets include refineries for processes like hydrocracking and hydrotreating, as well as emerging sectors such as power generation and transport, where the technology is used for fuel cells in vehicles, trains, and ships. Hydrogen Mem-Tech is also exploring applications in ammonia cracking, which is gaining traction as a method for transporting hydrogen. The business model centers on the sale of these modular and low-maintenance hydrogen separation units, which are produced at their commercial facility completed in 2023. This facility was designed to increase production capacity tenfold. In March 2025, Hanne Martinussen, who has a PhD in electro-optics and extensive industrial experience, was appointed CEO, taking over from Thomas Reinertsen who had led the company for seven years. Martinussen previously served as the Chief Operating Officer.
Hydrogen Mem-Tech has attracted significant investment from major international players. Backers include Saudi Aramco Energy Ventures, Shell Ventures, Yara Growth Ventures, AP Ventures, and SINTEF Venture. These investments are being used to scale operations, further develop the separation technology with a goal of creating a unit with five times the current capacity, and expand into new markets, with a particular focus on India. The company's chairman is Thor Egil Five, a veteran in the early-phase investment scene. Keywords: hydrogen separation, palladium membrane, hydrogen purification, biogas upgrading, natural gas reforming, carbon capture, ammonia cracking, hydrogen fuel cells, syngas processing, industrial gas separation, clean hydrogen, hydrogen economy, membrane technology, hydrogen recovery, decarbonization, energy transition, process intensification, gas purification, hydrogen infrastructure, palladium alloy
Company overview
Hydrogen Mem-Tech company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- Trondheim, Norway
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 32.0
Valuation & funding
Hydrogen Mem-Tech funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2024 | $6.9M | $88M | AP Ventures · Peak Sustainability Ventures | ↗ |
| EARLY VC✓Equity / VC | May 2022 | $18M | $70M | Aramco Ventures · Shell Ventures · AP Ventures · Yara Growth Ventures | ↗ |
| GRANT✓Other financing | Dec 2021 | $363K | — | Innovation Norway · Eirik Brekke | — |
| GRANT✓Other financing | Jun 2020 | $424K | — | Innovation Norway | — |
| DEBT✓Debt | Mar 2018 | $847K | — | Innovation Norway | — |
| GRANT✓Other financing | Jan 2018 | Innovation Norway | — | ||
| SPINOUT✓Other financing | Jan 2017 | SINTEF TTO & Venture · SINTEF | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | Profit | Margin |
|---|---|---|---|---|
| 2026 | $106K | 0% | −$5.9M | -5627.4% |
| 2025 | $106K | 0% | −$5.9M | -5627.4% |
| 2024 | $106K | -14% | −$5.9M | -5627.4% |
| 2023 | $123K | -9.2% | ||
| 2022 | $135K | -84.8% | ||
| 2021 | $892K | +48.2% | ||
| 2020 | $602K | — |
Growth signals
Hydrogen Mem-Tech website traffic
Latest recorded traffic for Hydrogen Mem-Tech is 2.3K monthly website visits, down 4.2% over the last three months. Hydrogen Mem-Tech's team declined 6.3% over the past year.
Comparisons
Hydrogen Mem-Tech 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.
Talent graph
Hydrogen Mem-Tech's talent
Source: Dealroom Talent Intelligence.
Investors
9 investors on Hydrogen Mem-Tech's cap table
Sourced from Dealroom's funding and investor records.









Global footprint
Where Hydrogen Mem-Tech has talent and traffic
team presence
In the news
Latest news about Hydrogen Mem-Tech
Recent press, funding announcements, and product moves mentioning Hydrogen Mem-Tech — open to read from the original sources.
Market sentiment
What the market is saying about Hydrogen Mem-Tech
An AI-synthesized read of the highest-engagement posts about Hydrogen Mem-Tech 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
See Hydrogen Mem-Tech’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







