Hystar raised $36m in Series C round.

Hystar, a high-tech company that manufactures highly efficient water electrolysis equipment, raised $36m in Series C round, with participation from Orlen VC, Stenshagen Invest, Kinetics Technologies, AP Ventures, Nippon Steel Trading Americas, Mol Switch, Firda, Nysno Climate Investments, Finindus, and Sintef Venture. “Hystar’s ability to conclude this fundraising round speaks to the confidence of both existing and new investors. The combination of equity and grant capital ensures Hystar is uniquely positioned to accelerate its commercialization. We are proud to be associated with their high-performance and commercially focused culture,” Kevin Eggers, AP Ventures Partner.