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$2,110.02M Raised in 92 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Hystar

start up
Norway - Oslo
  • 24/01/2023
  • Series B
  • $26,000,000

Hystar is a high tech company that specializes in advanced PEM electrolysers for large scale green hydrogen production.

Hydrogen is the simplest and most abundant element in the universe. As a highly efficient energy carrier, hydrogen can help tackle various critical energy challenges and has the potential to reduce greenhouse gas emission in many applications.

The problem is that hydrogen does not exist in pure format. Most hydrogen recovery is done by reforming natural gases, a process that is responsible for enormous CO2 emissions. Luckily, we have found a highly efficient way to turn this process of extracting hydrogen 100% green and clean.


Related People

Alejandro Oyarce BarnettCo Founder

Alejandro Oyarce Barnett Norway - Greater Oslo Region

CTO at Hystar. Developing and commercializing next generation PEM electrolysers. Always on the lookout for hydrogen talent.
Background: Low temperature fuel cells and electrolysers, PEM, AEM, AEL
Msc. Chemical engineering, KTH, PhD applied electrochemistry, KTH, Research and Senior Research Scientist, SINTEF and Adjc. Assoc. Prof at NTNU.