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).
Location: Australia, New South Wales, Wollongong City Council
Employees: 11-50
Total raised: $212M
Founded date: 2021
Investors 3
| Date | Name | Website |
| - | IP Group A... | ipgroupanz... |
| - | Virescent ... | virescent.... |
| 02.08.2022 | Kiko Ventu... | kiko.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 09.05.2024 | Series B | $172M | - |
| 19.08.2022 | Series A | $40M | - |
Mentions in press and media 9
| Date | Title | Description |
| 10.05.2024 | Hysata Revolutionizes Green Hydrogen Production with $111M Funding | Hysata, a Wollongong-based company, secures a game-changing investment to propel its high-efficiency electrolyser technology towards widespread commercial availability. Hysata, a rising star in the green hydrogen sector, has just secured a ... |
| 09.05.2024 | Hysata Raises USD$111M in Series B Funding | Hysata, a Wollongong, Australia-based company developing electrolysers that aim to produce green hydrogen, raised USD$111M in Series B funding. The round was led by bp Ventures and Templewater, with participation from IP Group Australia, Ki... |
| 09.05.2024 | Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater | bp Ventures and Templewater each invest $10m to co-lead the $111.3m USD Series B round Hysata is developing high-efficiency electrolysers with a simpler, cheaper and modular system WOLLONGONG, Australia, May 9, 2024 /PRNewswire/ -- Australi... |
| 09.05.2024 | Wollongong green hydrogen startup Hysata raises $172 million in Series B funding | Hysata CEO Paul Barrett. Source: Supplied article-article-body Wollongong-based green hydrogen startup Hysata has received backing from heavy-hitting global investors in a $172 million (US$111 million) funding round that is being described ... |
| 08.05.2024 | Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater | bp Ventures and Templewater each invest $10m to co-lead the $111.3m USD Series B round Hysata is developing high-efficiency electrolysers with a simpler, cheaper and modular system WOLLONGONG, Australia, May 8, 2024 /PRNewswire/ -- Australi... |
| 08.05.2024 | Supermarket inquiry recommends divestiture powers, mandatory code of conduct | Source: Adobe Stock article-article-body Grocery prices have fallen as scrutiny piles onto the supermarket giants, but this relief could be temporary as Labor rejects calls to back divestiture laws. A parliamentary inquiry into supermarket ... |
| 29.01.2024 | CEFC-backed Virescent Ventures entrenches position as Australia's largest specialist climate tech VC as portfolio surpasses $260M | SYDNEY, Jan. 29, 2024 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures today confirmed its specialist portfolio is over $260 million, having backed 33 innovative climate tech businesses and funds/incubators. Kristin Va... |
| 02.08.2022 | Hysata raises $42m after hydrogen breakthrough | Hysata, an Australian hydrogen technology company, has raised more than $40 million to fund its expansion after revolutionising the development |
| 02.08.2022 | Hysata Raises USD23M in Series A Funding | Hysata, an Australian hydrogen electrolyser technology company looking to deliver green hydrogen, raised USD23M in Series A funding. The round was led by Virescent Ventures on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), wit... |