Hystar: Funding, Investors & Team (Sep 2026)
A high-tech business called Hystar specialises in improved PEM electrolysers for massive production of green hydrogen. The simplest and most prevalent element in the universe is hydrogen. Hydrogen is a very effective energy carrier that can assist in addressing a number of pressing energy issues and has the potential to minimise greenhouse gas emissions in a variety of applications. The issue is that pure hydrogen does not exist. Reforming natural gases produces the majority of hydrogen recovery, which results in significant CO2 emissions. Fortunately, we have discovered a highly effective method to make this hydrogen extraction procedure completely green and clean.
Hystar has raised $53.8M across 2 funding rounds on record, the most recent an undisclosed round of $28.0M announced in Oct 2024.
That round is above the $6.0M median round size for Science and Engineering companies tracked on FundedIQ over the last two years.
Hystar Company Profile and Key Stats
Latest funding round on record: Oct 2024.
Hystar Funding Rounds
Hystar raised $25.8M in a Series B announced in Jan 2023.
1.8 years later, an undisclosed round of $28.0M was announced in Oct 2024.
Hystar Founders and Leadership Team
No contact details are on record for this team yet.
Hystar Funding Compared to Other Science and Engineering Startups
Hystar's latest round of $28.0M is above the median round in Science and Engineering. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Hystar in Science and Engineering and Høvik
Companies Similar to Hystar
Zeabuz offers Autonomy as a Service to urban ferry operators, lowering their out-of-pocket expenses and…
Sicona develops next generation battery technology used in the anodes (negative electrodes) of lithium-ion…
Vietnam Airlines is a full-service airline and the flag carrier of Vietnam. The company operates passenger,…
The New-Space sector is expanding as the private sector's involvement in the space industry grows. This…
The developer Syzygy Plasmonics has created a photocatalytic reactor specifically made for fuel cell vehicles…
Based in New Zealand and the Netherlands, Dawn Aerospace is building same-day reusable launch vehicles and…
Delta Gold Technologies is creating intellectual property ("IP") for the quantum computing sector under an…
PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Its…
Arkeon Technologies is a deep-tech company developing innovative solutions for scalable superconducting…
Applied Atomics is a european aerospace and defense company that develops space-based transportation network.
Invisible Light Labs uses Fourier transform infrared (FTIR) spectroscopy and nanoelectromechanical sensing…
Hexigone aims to replace toxic chemicals used in the anti-corrosion market with our disruptive, novel,…
Hystar Funding FAQs
What does Hystar do?
A high-tech business called Hystar specialises in improved PEM electrolysers for massive production of green hydrogen. The simplest and most prevalent element in the universe is hydrogen. Hydrogen is a very effective energy carrier that can assist in addressing a number of pressing energy issues and has the potential to minimise greenhouse gas emissions in a variety of applications. The issue is that pure hydrogen does not exist. Reforming natural gases produces the majority of hydrogen recovery, which results in significant CO2 emissions. Fortunately, we have discovered a highly effective method to make this hydrogen extraction procedure completely green and clean.
How much funding has Hystar raised?
Hystar has raised $53.8M across 2 rounds on record. The most recent is an undisclosed round of $28.0M announced in Oct 2024.
When did Hystar last raise funding?
Hystar's most recent funding round on record is an undisclosed round of $28.0M, announced in Oct 2024.
Who founded Hystar?
FundedIQ lists Josh Moore (Founder) at Hystar.
Who is the CEO of Hystar?
Fredrik Mowill is listed as CEO at Hystar.
Where is Hystar headquartered?
Hystar is based in Høvik, Akershus, Norway.
How many employees does Hystar have?
Hystar is in the 11-50 employee band.
How does Hystar's funding compare to other Science and Engineering startups?
Hystar's latest round of $28.0M is above the $6.0M median round size for Science and Engineering companies on FundedIQ across 232 tracked companies over the last two years.
About FundedIQ's Hystar Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hystar is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.