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Start-up with ultra-efficient electrolyser, Hysata, to develop pilot factory after securing $29m


Topics: Funding Event

Organizations: Hysata

Australian start-up Hysata that says it has developed the world’s most efficient electrolyser has attracted A$42.5m ($29.4m) in an oversubscribed Series A funding round. The money will be used to grow the company’s team and “develop a pilot manufacturing facility” for its innovative “capillary-fed” technology, which it says will be able to deliver the “world’s lowest-cost green hydrogen” due to its superior efficiency.

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