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Australian startup Hysata has raised $111 million from investors, including BP, to scale technology which could help lower the cost of creating green hydrogen. https://t.co/r6idnruvxW
💸🎉💸London-based IP Group invests in $111M funding round of Australian green hydrogen startup. https://t.co/R7BEgI5Bo3 @IPGroupplc @HysataH2 @bp_plc @ilearmonth @Hostplus @Vestas @ShinhanBankENG @Oman_OIA @TelstraSuper #australia #funding #news #Startups #Topfundinground https://t.co/wqZ16vuAaU
Australian startup Hysata has raised $111 million from investors, including BP, to scale technology which could help lower the cost of creating green hydrogen https://t.co/s8KYHpCvko
Australian startup Hysata has successfully raised $111 million from a group of investors including BP, London-based IP Group, Hostplus, Vestas, Shinhan Bank, Oman Investment Authority, and Telstra Super to advance its technology aimed at reducing the cost of producing green hydrogen. Inspired by a natural process in trees, Hysata's technology boosts the efficiency of converting electricity to hydrogen from 75% to 95%, potentially lowering the barriers to adopting green hydrogen as a sustainable energy source.
