Hystar key facts
as of Oct 2026- Developer of polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production.
- Hystar is valued at approximately $91.0M as of Oct 2026 (last reported valuation).
- It has raised $69.3M; the latest was Later Stage VC ($36.0M) in May 2025.
- Notable investors include European Innovation Council, Hillhouse Investment Group, AP Ventures, Nysno Climate Investments, Finindus — 18 tracked in total.
- Status: Privately Held (backing).
Hystar's last reported valuation, Jan 2023. Nothing priced has surfaced since.
- ·The complete investor list: 18 names
- ·Watch Hystar: the Monday email on marks, rounds and moves
Hystar funding rounds
No funding rounds for Hystar are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Hystar
18+Hystar valuation
Hystar's last reported valuation was $91 million in Jan 2023. No priced round, secondary trade or fund mark has surfaced since.
Hystar investors
18 investors are on record for Hystar, including European Innovation Council, Hillhouse Investment Group, AP Ventures and Nysno Climate Investments.
About Hystar
Developer of polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. The company's technology uses a cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various critical energy challenges and has the potential to reduce greenhouse gas emissions.
- Sector
- Energy
- HQ
- Hovik, Norway
- Founded
- 2020
- Employees
- 62
- Website
- hystar.com/
- Ownership
- Privately Held (backing)
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