Gen2 Energy vs Hystar
Gen2 Energy
We love clean, green hydrogen! We aim to produce, distribute and sell green hydrogen at scale
24 employees · est. 2019 · Horten, Norway
Hystar
We make the world's most efficient PEM electrolysers for large-scale green hydrogen production
78 employees · est. 2021 · Oslo, Norway
Gen2 Energy is the older company (2019 vs 2021); Hystar is the larger of the two.
1 signal in the last 90 days
Side-by-Side Comparison
| Metric | Gen2 Energy | Hystar |
|---|---|---|
| Founded | ||
| Founded | 2019 older | 2021 |
| Headquarters | ||
| Headquarters | Horten, Norway | Oslo, Norway |
| Employees | ||
| Employees | 24 | 78 larger |
| Industry | ||
| Industry | Energy, Renewable Energy | Not tracked yet |
| Funding Stage | ||
| Funding Stage | Venture round | Grant |
| Total Funding | ||
| Total Funding | $150.00M | $50.00M |
| Funding Rounds | ||
| Funding Rounds | 1 | 3 |
| Services | ||
| Services | Not tracked yet | Supply of PEM Electrolyser Stacks, Modular Hydrogen Solutions, Automated Electrolyser Production |
| Target Customers | ||
| Target Customers | Not tracked yet | Energy Companies, Technology Integrators, Sustainability-focused Enterprises |
| Taxonomy | ||
| Taxonomy | Green Hydrogen ProductionRenewable EnergyIntegrated Value ChainRenewable Energy SourcesLogistics NetworkDistribution Chain +7 | PEM ElectrolyzersGreen Hydrogen ProductionAdvanced Cell DesignCarbon Emission ReductionEnergy TechnologyHigh Efficiency Energy Systems +7 |
| Website | ||
| Website | gen2energy.com | hystar.com |
About Gen2 Energy
Gen2 Energy is a Norwegian startup with a mission to produce, distribute, and sell green hydrogen at scale. Established in 2019, the company focuses on developing an integrated value chain for green hydrogen production based on 100 percent renewable energy sources. Gen2 Energy aims to minimize its e...
About Hystar
Hystar is a high-tech Norwegian company founded in 2021, specializing in the development of the world's most efficient PEM electrolysers for large-scale green hydrogen production. Aiming to transform energy sectors, they offer a sustainable solution to the prevalent issue of carbon emissions associa...
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Compiled from the BounceWatch company index. We last looked at Gen2 Energy on 11 Sep 2024, and Hystar on 11 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
