Hysata

Australia - Wollongong, NSW

• 16/06/2023
• Series B
• $68,000,000

Our mission is to accelerate the world’s shift away from fossil fuels to green hydrogen by delivering the world’s best electrolyser.

Hysata is developing a new type of hydrogen electrolyser. Our technology has the potential to significantly shift the economics of green hydrogen production, bringing $2/kg green hydrogen within reach, and accelerating the global transition to net zero emissions.

Electrolysers use electricity to split water into hydrogen and oxygen, and are the key technology for producing green hydrogen. Green hydrogen is widely acknowledged to be a crucial part of reaching net zero emissions globally, with the potential to meet up to 20% of energy demand in a net zero global economy.

The Hysata electrolyser is based on breakthrough Australian technology developed by a team from the University of Wollongong’s ARC Centre of Excellence for Electromaterials Science, led by chemical catalysis and characterisation expert Professor Gerry Swiegers.

We officially launched in June 2021, with $5 million in seed funding led by IP Group, with support from the Clean Energy Finance Corporation (CEFC).

Related People

Paul BarrettFounder

Australia - Greater Sydney Area

Paul is a passionate and focused technology entrepreneur, working at the cutting edge of science and engineering for two decades, with experience spanning from early stage technology companies through to large multinationals in the water, materials, energy and pharmaceuticals industries.

Paul has outstanding commercial and technical acumen, which when combined with his creativity and leadership skills translates to an ability to innovate and turn challenges into opportunities.

Paul also has extensive operational experience in many facets of growing and complex organizations including Project Management (R&D and Engineering), Intellectual Property, Finance, Product Management & Marketing as well as Capital Raising.

Paul is a high bandwidth leader who consistently delivers.

LinkedIn https://www.linkedin.com/in/barrettp/