Hystar
PrivateLast Round
Series C
May 13, 2025
Total Funding Raised
$102.1M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Hystar operates in Energy & Sustainability and is based in Norway. Its latest recorded funding round was a Series C round in May 2025.
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, Energy Storage
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Hystar Comparables
Compare Hystar with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Ohmium | 85% | |
| Electric Hydrogen | 85% | |
| ITM Power Plc | 82% |
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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 |
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Key People
Founding team and executive leadership
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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 |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 13, 2026
Monthly visitors increased 85% MoM.
- Aug 20, 2026
Monthly visitors increased 209% MoM.
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Recent news
Latest coverage and updates
- expands_facilitiesSep 7, 2026
Hystar AS plans to expand its production capacity in Norway with a new manufacturing facility capable of producing up to 4.5 GW annually over the next few years.
- expands_offices_toAug 18, 2026
Hystar AS expands into India through a partnership with BHEL to manufacture PEM electrolyzers locally, announced in India on Aug 18th '26.
- partners_withAug 13, 2026
Hystar AS and Bharat Heavy Electricals Limited have signed a Strategic Collaboration Agreement to enable the phased local manufacturing of ultra-efficient PEM electrolysers for green hydrogen projects in India.
- is_developingAug 13, 2026
On Aug 13th '26 in India, Hystar AS and BHEL sign a Strategic Collaboration Agreement that enables the phased local manufacturing of ultra-efficient PEM electrolysers based on Hystar AS's technology for green hydrogen projects.
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Hystar Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Hystar's valuation, stock price, and market status.
Is Hystar a public or private company?
Hystar is a private company.
What is the current stock price of Hystar?
Hystar is a private company, so its shares have no public market price. Caplight tracks Hystar's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Hystar worth (valuation)?
Valuation information for Hystar is not publicly available.
Can I buy Hystar stock?
Hystar shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Hystar's last funding round?
Hystar's most recent funding round was Series C on May 13, 2025.
Who are the main investors in Hystar?
Key investors in Hystar include SINTEF, AP Ventures, Mitsubishi Corporation.
Will Hystar IPO soon?
No public IPO plans have been announced for Hystar.
How can I track Hystar secondary market activity?
Caplight tracks bids, offers, and trades in Hystar's shares on secondary markets.