Hyme Energy

Private

CopenhagenEnergy & Sustainabilityhttps://www.hyme.energy/

Last Round

Accelerator

Jun 20, 2024

Total Funding Raised

$42.8M

Company Overview

Hyme Energy is an energy storage company that develops thermal energy storage solutions using molten hydroxides to decarbonize industrial process heat.

Sector

Energy & Sustainability

Verticals

Energy Storage, Renewable Energy, Advanced Materials

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

thermal energy storagemolten salt storageTESindustrial heat storagelong duration energy storageLDESprocess heat decarbonizationrenewable energy storagemolten hydroxide saltgrid stabilizationindustrial decarbonizationenergy storage startupdeep techclean tech

Historical Pricing

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Hyme Energy Comps

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Hyme Energy comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Hyme Energy Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Accelerator	Jun 20, 2024
Grant	Mar 1, 2024
Series A	Dec 15, 2023
Grant	Nov 8, 2023
VC Round	Nov 8, 2023
Seed	Dec 3, 2021

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Key People

Founding team and executive leadership

Ask Emil Løvschall-Jensen

Chief Executive Officer, Co-Founder

Founding Team

Reuben Munnee

Chief Technology Officer

Executive Team

Hyme Energy Investors

Notable investors and investment history

Hyme Energy investors
Investor	Rounds
European Innovation Council Fund	Grant, VC Round, Accelerator
Heartland	Seed, Series A
North-East Venture	Seed
The Export and Investment Fund of Denmark	Series A
North-East Venture	Series A
VÅR ventures	Series A
Nordic Makers	Seed, Series A

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Hyme Energy Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Hyme Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCopenhagen

Employee Range48

Year Founded2021

Last FundingJun 20, 2024

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