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Hysata

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Developer of hydrogen electrolyzer designed to accelerate the world's shift away from fossil fuels to green hydrogen

Wollongong City Council, AustraliaFounded 2021Energy

Valuation $250–500M Last recorded · 2024

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Hysata

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.

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At a glance

Status: Operational
Founded: 2021
Headquarters: Wollongong City Council, Australia
Employees: 110
Open positions: 3
Dealroom signal: 78.1/100
Sub-industry: Clean Energy
Sector: Energy, Hydrogen, Spinout, Sustainable Development Goals, Climate Tech, Novel Energy, Electrolysis, Green Hydrogen, Hydrogen Production, DT and LS
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn X

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Funding history

4 recorded events

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	↗

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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.

Latest monthly visits7.3K 3-month web change-15.1% 1-year team growth+2.8%

Monthly website visitsNov 2022–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Mechanical TechnicianPort Kembla, New South Wales, Australia · Other · Jul 22, 2026 Stack Assembly TechnicianPort Kembla, New South Wales, Australia · Full-Stack Development · Jul 19, 2026 PLM and Engineering Data EngineerPort Kembla, New South Wales, Australia · Data Science & Engineering · Jul 10, 2026

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BSBspklBspkl manufactures Catalyst Coated Membrane (CCM) for hydrogen Electrolysers	Lower Hutt, New Zealand	Operational
STShanghai Tangfeng Energy TechnologyA company developing green energy to create a better future	China	Operational