Hystar
PrivateLast Round
Series C
May 13, 2025
Total Funding Raised
$102.1M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Hystar is a clean energy company that develops and manufactures high-efficiency polymer electrolyte membrane (PEM) electrolyzers for large-scale green hydrogen production.
Sector
Energy & Sustainability
Verticals
Renewable Energy, Alternative Fuels, Clean Manufacturing
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Hystar Comps
Public and private peers based on 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 |
Hystar Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | May 13, 2025 | ||||
| Grant | Oct 23, 2024 | ||||
| Series B | Jan 11, 2023 | ||||
| Series A | Jun 1, 2021 | ||||
| Series A | Mar 9, 2021 |
Key People
Founding team and executive leadership
Hystar Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Finindus | Series C, Series B |
| Firda | Series C, Series A, Series B |
| MOL Switch | Series C |
| Hillhouse Investment | Series B |
| European Commission | Grant |
| SINTEF Venture | Series A, Series B, Series C |
| Trustbridge Partners | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 1, 2027
New factory scheduled to begin operations in Q1 2027.
- Apr 16, 2026
Partnered with Armstrong to launch modular hydrogen plants in Hamburg.
Hystar Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Hystar's valuation, stock price, and market status.