Insights

Global expansion Hystar is rapidly expanding manufacturing and offices across Europe and Asia, including Norway, Europe, and India, signaling growing international demand for green hydrogen production and PEM electrolysers that sales teams can target with region-specific propositions and partnerships.

Strategic partnerships Active collaboration with Bharat Heavy Electricals Limited (BHEL) to localize production in India presents a channel for joint sales, licensing, and aftermarket services, suggesting opportunities for co-branded campaigns and regional supply agreements.

Large-scale focus Introduction of Orion 20 MW Cluster and plans to commission 1.5 GW automated capacity indicate Hystar targets utility-scale hydrogen projects; opportunities exist to engage project developers, utilities, and industrials pursuing sizable green hydrogen deployments.

Funding-backed growth EU Innovation Fund support and substantial funding raise create credibility and purchasing confidence for customers, enabling enterprise-level procurement discussions and finance-led sales approaches, including financing/tiered payment options.

Industry leadership Recognition as a World’s Top GreenTech Company and a niche in PEM electrolysers for clean hydrogen positions Hystar as a premium supplier to sustainability-minded buyers; leverage case studies and awards in outreach to energy transition coalitions and government programs.

Similar companies to Hystar

Hystar Tech Stack

Hystar uses 8 technology products and services including Hotjar, iCIMS, AutoCAD, and more. Explore Hystar's tech stack below.

Media & News

Hystar's Email Address Formats

Hystar uses at least 2 email formats:
Hystar Email FormatsExamplePercentage
First.Last@hystar.comJohn.Doe@hystar.com
97%
First.MiddleLast@hystar.comJohn.MichaelDoe@hystar.com
3%

Frequently Asked Questions

What is Hystar's official website and social media links?

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Hystar's official website is hystar.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Hystar generate?

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As of August 2026, Hystar's annual revenue is estimated to be $1M - $10M.

What is Hystar's NAICS code?

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Hystar's NAICS code is 33441 - Semiconductor and Other Electronic Component Manufacturing.

How many employees does Hystar have currently?

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As of August 2026, Hystar has approximately 65 employees across 5 continents, including Europe, North America and Africa. Key team members include Ceo: F. M., Cto: A. O. B. and Coo - Chief Operating Officer: B. T. Explore Hystar's employee directory with LeadIQ.

What industry does Hystar belong to?

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Hystar operates in the Renewable Energy Semiconductor Manufacturing industry.

What technology does Hystar use?

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Hystar's tech stack includes Hotjar, iCIMS, AutoCAD, SOLIDWORKS, CookieYes, Figma, Shopify and Vimeo.

What is Hystar's email format?

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Hystar's email format typically follows the pattern of First.Last@hystar.com. Find more Hystar email formats with LeadIQ.

How much funding has Hystar raised to date?

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As of August 2026, Hystar has raised $90M in funding. The last funding round occurred on May 12, 2025 for $36M.

When was Hystar founded?

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Hystar was founded in 2021.
Hystar logo

Hystar

Renewable Energy Semiconductor ManufacturingOslo, Norway51-200 Employees

Hystar, based in Oslo, Norway, is a mid-sized technology company that develops PEM electrolysis units for large-scale green hydrogen production. By supplying efficient electrolysis technology, it aims to produce hydrogen with a lower emission profile than conventional reforming methods that rely on natural gas. It operates in the renewable energy semiconductor manufacturing sector, focusing on scalable systems for clean hydrogen generation.
Its market includes customers pursuing substantial hydrogen capacity and modular plant solutions. In May 2026, Hystar announced the Orion, a 20 MW cluster designed for large-scale hydrogen production.

Section iconCompany Overview

Website
hystar.com
NAICS Code
33441 - Semiconductor and Other Electronic Component Manufacturing
Founded
2021
Employees
51-200

Section iconFunding & Financials

  • $90M

    Hystar has raised a total of $90M of funding over 4 rounds. Their latest funding round was raised on May 12, 2025 in the amount of $36M as a Series C.

  • $1M - $10M

    Hystar's revenue is estimated to be in the range of $1M - $10M

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