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: $40M
Founded date: 2021
Investors 3
| Date | Name | Website |
| - | IP Group A... | ipgroupanz... |
| - | Virescent ... | virescent.... |
| 02.08.2022 | Kiko Ventu... | kiko.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.08.2022 | Series A | $40M | - |
Mentions in press and media 3
| Date | Title | Description | Source |
| 29.01.2024 | CEFC-backed Virescent Ventures entrenches position as Austra... | SYDNEY, Jan. 29, 2024 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures today c... | en.prnasia... |
| 02.08.2022 | Hysata raises $42m after hydrogen breakthrough | Hysata, an Australian hydrogen technology company, has raised more than $40 million to fund its expa... | virescent.... |
| 02.08.2022 | Hysata Raises USD23M in Series A Funding | Hysata, an Australian hydrogen electrolyser technology company looking to deliver green hydrogen, ra... | finsmes.co... |