Hystar Gaming Mouse Pad, Soft Textured Cloth Surface, Water Resistant Fabric, 5mm Thick, Bonus Silicone Drink Coaster, Durable Box for Transport, The Great Wave Design (Black)

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Fredrik Mowill, CEO of Hystar: “Since our inception, we have been committed to rapidly scaling up to ensure the widespread commercial deployment of our game-changing technology. We are therefore excited to have closed our Series B funding round with such high-quality industrial and financial investors who can contribute to accelerating our growth. We look forward to working with our new shareholders to explore joint opportunities to deploy green hydrogen projects at scale. We’re also very happy that our existing shareholders, with AP Ventures in the lead, have continued their strong support of Hystar.” GSK is 'firing on all cylinders' after new vaccine boost: Profits jump seen as proof boss Emma Walmsley's turnaround plan is working Additional investors in the round included Finindus, Nippon Steel Trading, Hillhouse Investment and Trustbridge Partners alongside existing investors SINTEF Ventures and Firda. Should you post your Christmas cards now? Some households claim first class post is taking WEEKS amid Royal Mail delays

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Charlie Clark, Investment Manager, AP Ventures, said of their investment in Hystar: “We have been hugely impressed by the technical results and growth that Hystar has delivered over the past few years. We are pleased to have co-led this Series B funding round alongside Mitsubishi Corporation to enable Hystar to deploy automated capacity to scale the production of its world-leading PEM electrolyser technology. We look forward to continuing to support Hystar as it works to produce ultra-efficient green hydrogen which will be vital to support global efforts to decarbonize industry and society.” SINTEF is one of Europe's largest research institutes with multidisciplinary expertise in science and technology. SINTEF Venture V is an early-stage investment fund focused on the commercialization of research results. The fund has a capital base of NOK 500 million provided by SINTEF, the European Investment Fund and a number of private institutional Norwegian investors. The European Investment Fund (EIF) is the EU's instrument for investing in eQuity funds in the EEA area. The investment in SINTEF Venture V, which is EIF's largest investment in Norway, has been made possible through funds from InnovFin Equity and financial instruments under the EU's Horizon 2020. Silver Sponsors: Linde, Port Corpus Christi, SMA Altenso GmbH, ERM, Hycamite TCD Technologies, ABB, Johnson Matthey, Accelera by Cummins, Intersect Power, thyssenkrupp nucera, Bosch, Powertech Labs Inc., BMW Group, Mitsubishi PowerWhat are the Government's new leasehold reforms? We outline the potential changes and what they mean As a spin-off from SINTEF, one of Europe’s leading research organizations, Hystar has 15 years history of research into PEM technology. With more than 5,000 hours of in-house testing, Hystar’s technology has been proven to use significantly less energy than conventional PEM electrolysers, enabling a substantial increase in hydrogen production output. The ultra-efficient design, which is patented and unique to Hystar, boasts a 90% thinner membrane than conventional electrolysers, enabling the production of up to 150% more green hydrogen.

Hystar Gaming Mouse Pad, Soft Textured Cloth Surface, Water Hystar Gaming Mouse Pad, Soft Textured Cloth Surface, Water

Both partners will continue the collaboration to enable further scale up and automation for Hystar’s planned multi GW production line, which is expected to be operational by 2025.Hans Maenhout, Investment Director at Finindus: A lower cost and increased flexibility of green hydrogen production is the key to success when it comes to the role hydrogen has to play in decarbonizing our society. This is exactly what the Hystar technology provides. Add to that the intrinsic safety of Hystar’s electrolysers, as well as the design for mass-manufacturing approach which allows for utilizing existing supply chains, and you have an excellent value proposition to offer to industrial customers such as ArcelorMittal, the world’s second largest steel manufacturer and Finindus’ key industrial partner.” Host Sponsors: Air Products, Government of South Australia Department for Trade and Investment, Environmental Defense Fund

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High-tech hydrogen startup Hystar has just bagged over €24 million as it plans to level up commercial operations. The GreenTech startup has developed a way to scale hydrogen production in a way that is 100% green and clean – a game changer for the energy space. Headquartered in London, AP Ventures manages venture capital funds with a global mandate to invest in pioneering new technologies and businesses which aim to solve global challenges such as renewable energy integration, resource scarcity and a growing population. Established in 1954 and headquartered in Tokyo, Mitsubishi Corporation engages in a wide range of businesses spanning multiple industries. These are overseen by its Industry DX Group and 10 Business Groups: Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development. Hydrogen is one of the simplest and most abundant elements we have. It’s also a highly efficient energy carrier and could hold the key to greener energy sources for future society. However, it doesn’t exist in a pure format. Currently, most hydrogen recovery is done by reforming natural gases in a process that contributes to carbon emissions. At Firda, we have increasingly been looking for investments that contribute to reducing carbon emissions. The technology developed by the Hystar team has the potential to accelerate the adoption of green hydrogen production worldwide, which we believe is an important part of the move away from fossil fuels. We have been impressed by the capabilities and values of the Hystar team and find it very meaningful to work with them to bring this technology to the market.” says Geir Førre, Managing Partner, Firda.Hystar’s PEM electrolysers are the most efficient and safest in the world and have been designed for mass manufacturing from the very beginning. The ultra-efficient design, which is patented and unique to Hystar, boasts a 90% thinner membrane than conventional electrolysers, enabling the production of up to 150% more green hydrogen. Hystar, a Norwegian company that has developed a novel PEM electrolysis technology, has raised over NOK 50mm in capital. Hystar’s electrolyser produces green hydrogen using less energy than existing technologies and enables a substantial increase in hydrogen production output. AP Ventures, a significant investor in breakthrough hydrogen technologies, led the fundraise, alongside SINTEF Ventures, the investment fund of the SINTEF research institute, and Firda, a pioneering early-stage investor in Norway. Now, with this new funding, the company will be able to expand and keep up with growing demand. It’ll also be used to expand into new markets and deliver on larger projects.

Hystar raises USD 26mn to scale up to full commercial

Toshihiro Hayashi, General Manager, Mineral Resources Group at Mitsubishi Corporation: Hystar has a critical role to play in decarbonizing global industry, which aligns with our strategic plan to invest in sustainable solutions for decarbonized societies. Green hydrogen is one of the key focuses for Mitsubishi Corporation and we believe Hystar’s unique technology has the potential to significantly impact its large-scale deployment. We look forward to working with Hystar as they ramp up to widespread commercialization and realize their game-changing ambitions for green hydrogen.”

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