Australia
Hysata, founded in 2021 and headquartered in Australia, is poised to reshape the green hydrogen landscape through its innovative electrolyser technology. By aiming to produce hydrogen at $2/kg, the company positions itself at the forefront of the global shift towards renewable energy, a vital step in achieving net zero emissions.
Harnessing breakthrough research from the University of Wollongong, led by Professor Gerry Swiegers, Hysata is creating an electrolyser that could significantly lower the costs of green hydrogen production. Recognized for its potential to transform the energy sector, the company aligns with an international vision where green hydrogen satisfies up to 20% of energy demand.
In May 2024, Hysata secured a $111M Series B investment, attracting major investors like BP Ventures, IDO Investments, and Kiko Ventures, among others. Previously launched with a $5 million seed round led by IP Group and supported by the Clean Energy Finance Corporation, Hysata's advancements signal a promising trajectory for investor confidence in the renewable energy domain.
