Hystar AS
Latest round
- Series C
Last raised
- May 2025
Total raised
- $62M
Investors
- 13
About Hystar AS
Hystar AS focuses on advanced hydrogen production technologies, featuring its innovative Proton Exchange Membrane (PEM) electrolysis systems that generate green hydrogen for various industrial applications. Hystar AS, established in 2021, is based in Lysaker, Norway and specializes in producing Proton Exchange Membrane (PEM) electrolysis systems. Hystar specializes in advanced hydrogen production technologies, primarily through its core offering of Proton Exchange Membrane (PEM) electrolysis systems, which split water into hydrogen and oxygen using electricity. Its products cater to energy storage, fuel cell applications, and various industrial hydrogen needs, supporting the transition to sustainable energy solutions.90. The company primarily generates its revenue through B2B contracts with industrial clients for its PEM electrolysis systems, often involving direct sales agreements that ensure a continuous revenue stream. The company is targeting expansion into additional geographic markets, particularly in regions beyond its current focus, with specific plans yet to be detailed.
Who invested in Hystar AS
13 investors across 2 rounds
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Questions about Hystar AS
Who invested in Hystar AS?
Hystar AS has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hystar AS raised?
Hystar AS has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Hystar AS last raise money?
Hystar AS's most recent round on record is a Series C, in May 2025.
What does Hystar AS do?
Hystar AS focuses on advanced hydrogen production technologies, featuring its innovative Proton Exchange Membrane (PEM) electrolysis systems that generate green hydrogen for various industrial applications.
Where is Hystar AS headquartered?
Hystar AS is headquartered in Oslo, Norway.
Which VCs invest in companies like Hystar AS?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back power & utilities companies at Hystar AS's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series C
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