# Hysata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hysata-pty

- Industry: Renewable Energy
- Headquarters: Australia
- Website: www.hysata.com
- Total disclosed funding: $116M
- Latest round: Series B (May 8, 2024)
- Investors on record: 16

## About

Established in 2021 and based in Wollongong, Australia, Hysata Pty Ltd. operates as a provider of green hydrogen for renewable energy sectors. In May 2024, Hysata Pty Ltd raised AUD 15 million in venture funding from investor Clean Energy Finance Corporation. The company was founded by Paul Barrett (CEO), Gerry Swiegers, and Tom Campey.

The company manufactures electrolyzers which facilitate the production of green hydrogen. Hysata's electrolyzers are designed to provide a hydrogen production method that is modular compared to existing designs. This product contributes to lowering the Levelized Cost of Hydrogen (LCOH) and a shift away from fossil fuels to green hydrogen.

The company plans to use the May 2024 funding to support and scale its production facility.

## Funding rounds

- Series B, May 8, 2024, $111M — TelstraSuper, Hostplus, Longview Innovation, BP Ventures, IMM Investment, POSCO Engineering & Construction, IDO Investments, Shinhan Financial Group, BlueScope Steel Limited, Vestas, Templewater, Virescent Ventures, Kiko Ventures, POSCO Holdings, Twin Towers Ventures
- Seed, Jun 16, 2021, $5M — Longview Innovation, Clean Energy Finance Corporation

## Investors

- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed, Series B
- Clean Energy Finance Corporation — Seed
- TelstraSuper — Series B
- Hostplus — Series B
- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series B
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series B
- POSCO Engineering & Construction — Series B
- IDO Investments (https://capitalatlas.ai/funds/ido-investments) — Series B
- Shinhan Financial Group — Series B
- BlueScope Steel Limited — Series B
- Vestas — Series B
- Templewater (https://capitalatlas.ai/funds/templewater) — Series B
- Virescent Ventures (https://capitalatlas.ai/funds/virescent-ventures) — Series B
- Kiko Ventures (https://capitalatlas.ai/funds/kiko-ventures) — Series B
- POSCO Holdings — Series B
- Twin Towers Ventures (https://capitalatlas.ai/funds/twin-towers-ventures) — Series B