H
Hysata
Energy · Wollongong City Council, Australia · Founded 2021
Developer of hydrogen electrolyzer designed to accelerate the world's shift away from fossil fuels to green hydrogen MoreLess
Hysata is a pioneering startup focused on revolutionizing the production of green hydrogen through its innovative electrolyser technology. Electrolysers are devices that split water into hydrogen and oxygen using electricity, and they are crucial for producing green hydrogen, which is hydrogen generated using renewable energy sources. The current market challenge is that existing electrolysers are complex, expensive, moderately efficient, and difficult to scale. Hysata addresses these issues with its groundbreaking electrolyser design, which boasts a world-leading 95% efficiency rate, significantly higher than current industry standards.
Hysata's electrolysers are designed to be simpler, cheaper, and modular, making them easier to manufacture at a large scale. This high efficiency and simplified design translate into lower costs for producing green hydrogen, making it a more viable option for various industries. Green hydrogen is expected to play a critical role in achieving a net-zero global economy by 2050, particularly in sectors that are hard to decarbonize, such as steel, chemicals, high-grade heat, and heavy transport.
The company operates in the renewable energy market, specifically targeting industries and project developers looking to transition to green hydrogen. Hysata's business model revolves around selling its high-efficiency electrolysers and providing turnkey solutions that include installation and maintenance services. By offering a product that significantly reduces the Levelised Cost of Hydrogen (LCOH), Hysata enables its clients to save billions in renewable generation capital expenditures.
Hysata's team comprises industry veterans with extensive experience in designing and scaling electrolyser systems. The company's innovative approach has been recognized in top-tier scientific journals, and it is already ahead of the 2050 efficiency targets for electrolysers. With Dean Dalla Valle, a prominent figure in the resources sector, appointed as its inaugural Chair, Hysata is well-positioned to lead the green hydrogen revolution.
Keywords: green hydrogen, electrolyser, high efficiency, renewable energy, decarbonization, modular design, cost-effective, scalable, turnkey solutions, industry veterans.
Company overview
Hysata company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- Wollongong City Council, Australia
- Employees
- 110
- Open positions
- 3
- Dealroom signal
- 78.1
Valuation & funding
Hysata funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | May 2024 | $111M | $445M | IDO Investments · Hostplus · IMM Investment · Telstra Super | ↗ |
| GRANTOther financing | Aug 2023 | $15M | — | Australian Renewable Energy Agency | ↗ |
| SERIES AOther financing | Aug 2022 | $28M | $110M | Hostplus · IP Group Australia · Kiko Ventures · Vestas Ventures | ↗ |
| SPINOUTOther financing | May 2021 | $0 | — | University of Wollongong | — |
Growth signals
Hysata website traffic
Latest recorded traffic for Hysata is 7.3K monthly website visits, down 15.1% over the last three months. Hysata's team grew 2.8% over the past year.
Hiring
Open positions at Hysata
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Comparisons
Hysata compared with similar companies
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Talent graph
Hysata's talent
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Investors
17 investors on Hysata's cap table
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Global footprint
Where Hysata has talent and traffic
team presence
In the news
Latest news about Hysata
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Market sentiment
What the market is saying about Hysata
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