# HYMETH

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hymeth

- Industry: Renewable Energy
- Headquarters: Copenhagen, Denmark
- Website: www.hymeth.com
- Total disclosed funding: $4.5M
- Latest round: Seed (May 19, 2025)
- Investors on record: 4

## About

Based in Copenhagen, Denmark, HYMETH specializes in developing advanced electrolyzer technology, focusing on sustainable hydrogen production to facilitate the green energy transition.HYMETH, founded in 2016 in Copenhagen, Denmark, focuses on producing electrolyzer systems that enhance green hydrogen generation. In June 2025, HYMETH raised EUR 3.7 million in venture funding led by new investor Thisbe AB, with participation from another new investor Antler. Other unspecified investors also participated in the round. The CEO is Mats Blacker, underlining a solid leadership structure.HYMETH offers advanced electrolyzer technology, particularly its flagship HYAEON™ electrolyzer, which efficiently converts water into hydrogen and oxygen using renewable energy sources. The HYAEON™ system is designed to assist industries in adopting clean hydrogen as an energy source. Additionally, HYMETH markets the HYNACE™ product line, which optimizes hydrogen applications for sectors such as industrial manufacturing and energy production across Europe and North America.In its most recent fiscal year, HYMETH reported zero revenue with an EBITDA of SEK -317,508.7. The company's revenue derives from direct sales of its electrolyzer systems, supported by service agreements and partnerships within the green energy sector, focusing on B2B transactions. The company plans to utilize the June 2025 funding to introduce cost-effective and energy-saving electrolysis technology aimed at facilitating industrial decarbonization in the Nordic region and further afield.

## Funding rounds

- Seed, May 19, 2025, $4.1M — FAM, Antler
- Seed, Sep 21, 2020, $0.4M — Business Angels Club Berlin-Brandenburg, InnoEnergy

## Investors

- Business Angels Club Berlin-Brandenburg — Seed
- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Seed
- FAM — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed