Hysata

“We’re building an era-defining business for Australia”: The startups building global tech powerhouses from Wollongong

A partner feature profiling Wollongong-based companies Hysata and Scalapay, recalling Hysata's record Australian cleantech Series B and arguing the region can host globally ambitious startups.

Also Virescent Ventures·SmartCompany·Startup Daily·@AuManufacturing·Forbes Australia·RenewEconomy·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·AgFunderNews·@AuManufacturing·commbank.com.au·australianmanufacturing.com.au·Crunchbase News

Hysata to scale UOW clean energy innovation with $49M ARENA funding

Hysata has received an ARENA grant of up to $49 million to build a commercial-scale electrolyser manufacturing line at Port Kembla, with UOW and TAFE NSW Illawarra supporting workforce training around the project.

Australian green hydrogen hopeful launches AI-backed electrolyser production line

Hysata has started production on the first line of its AI-monitored electrolyser factory at Port Kembla, within a project worth nearly $100 million, and plans to expand capacity to 200 megawatts.

Hysata Named National Finalist for Research Award

A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.

Also Dealroom

IP Group Australia and CEFC launch the Climate Catalyst Fund

IP Group Australia and the CEFC launched the Climate Catalyst Fund with a first close of $50 million combined, targeting seed and Series A investments in Australian climate technology.

Manufacturing news briefs — stories you might have missed

Roundup of short industry items: Element 25 and Vaxxas win US government grants, Orthocell gets an R&D refund, Convergence Medical completes its Series A, and Monique Conheady takes a Hysata board seat.

Also Startup Daily

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

Hostplus commits another A$125M to IP Group Hostplus Innovation Fund

Hostplus has tipped an additional A$125 million into the deep-tech fund IP Group runs, taking its overall backing to A$435 million across companies spun out of Australian universities.

Manufacturing news briefs – stories you might have missed

A news roundup covering a government-backed hydrogen project for Telstra, a climate tech fund's first close, new appointments at a South Australian agency and a feed company, plus export approvals and science prizes.

Also @AuManufacturing

New $165 million round for SafetyCulture in “tough environment” for fresh funding

SafetyCulture secured $75 million of fresh capital plus $90 million from existing shareholders selling shares, valuing the operations software company at $2.5 billion. Airtree, Blackbird, Morpheus Ventures, Hostplus and HESTA joined the round.

Also Tech Funding News - Australia·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily

The Week in AgriFoodTech: Hysata snags $111m for green hydrogen, Ocean 14 launches $200m+ fund

Weekly agrifoodtech roundup: Hysata's green-hydrogen Series B, Rize's Series A, other raises, Ocean 14 and Peakbridge fund closes, Uber buying Delivery Hero's Taiwan unit, executive hires, and an accelerator's cohort selection.

Hydrogen Energy Is Getting A Heavy Infusion Of VC Funding

Crunchbase News surveys the recent surge in venture funding for hydrogen startups, profiling 13 companies — among them Hysata, Koloma, Electric Hydrogen, HysetCo, Tree Energy Solutions and ZeroAvia — and their latest rounds.

Best of the week — the five most popular stories among readers, May 6 – May 10, 2024

Roundup of the week's top stories: Hysata's Series B with bp Ventures and Templewater, grants for Tasmanian makers Xanderware and Jayben Group, an ASC pay dispute, and chemistry sector awards.

Nine Aussie startups that raised $233.5 million this week

Weekly roundup of nine Australian startups that together raised over $233 million, led by Hysata's $172 million Series B, with rounds also for V2 Digital, AgriWebb, Disco, Genero, Brainfish, Kite Therapy, Nucanon and Maslow.

Also Startup Daily·Business News Australia·Startup Daily

Fireside Chat: Hysata – Defying hydrogen's hype cycle

Virescent Ventures partner Blair Pritchard reflects on Hysata, the Wollongong electrolyser spinout whose $172 million Series B he led, covering its technology, culture, customers and the green hydrogen market outlook.

Also SmartCompany·Startup Daily·@AuManufacturing·Forbes Australia·RenewEconomy·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·Startup Daily·AgFunderNews·@AuManufacturing·commbank.com.au·australianmanufacturing.com.au·Crunchbase News

ARENA awards $59.1 million to hydrogen, steel-related R&D projects

Australia's renewable energy agency handed out $59.1 million in grants across two rounds, backing 21 university, CRC and startup projects in green hydrogen and cleaner iron and steel production.

Also RenewEconomy

ARENA boosts funding and names winners for green hydrogen, iron and steel projects

The Australian Renewable Energy Agency has expanded its hydrogen and green metals research funding to $59.1 million across 21 projects, with recipients including Hysata, Curtin University and Fortescue subsidiary MIH2.

Also @AuManufacturing·@AuManufacturing

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

Eight Aussie startups that raised $149 million this week

Weekly roundup of eight Australian startups together securing $149 million: One Model, SafetyCulture, Hysata, Pendula, Marqo, Medigrowth, Curiious and Zena Sport, spanning HR analytics, safety tech, hydrogen, AI, medicinal cannabis, VR and sportstech.

Also Startup Daily·thebusinesstimes.com.au·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Forbes Australia

Next steps for pioneering renewable hydrogen technology

ARENA announces a $20.9 million grant to Wollongong hydrogen electrolyser startup Hysata for a commercial-scale demonstration, with Stanwell contributing $3 million and a site; earlier HyGATE funding is recalled.

Also @AuManufacturing·Startup Daily·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·@AuManufacturing·hysata.com·RenewEconomy·RenewEconomy·dailycompanynews.com

Honour for green hydrogen leader Professor Gerry Swiegers

Wollongong electrochemist Gerhard Swiegers has won an ARC Industry Laureate Fellowship with $3.7 million in funding for electrolyser research that underpins green hydrogen startup Hysata.

Australia and Germany fund first stages of two gigawatt scale green hydrogen projects

Canberra and Berlin award HyGATE initiative grants to green hydrogen projects led by Edify Energy with Siemens and by ATCO, plus electrolyser developer Hysata, backing early stages of gigawatt-scale Australian plans.

Also RenewEconomy

Recipients announced for Australia-Germany HyGATE Initiative

Also ARENA·RenewEconomy·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing

Christmas comes early for 14 Aussie startups that raised $260 million this week

Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.

Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)

Manufacturing news briefs — stories you might have missed

Manufacturing roundup covering Cyclopharm's tax incentive payment, Carbon Revolution's government grant payments, CEFC's wind farm debt commitment, Adbri's land sales, a Monash energy report and a Wollongong research showcase.

Also RenewEconomy

NSW grants $3 million to Cannon-Brookes backed solar cell innovator

NSW Environmental Trust grants $3 million to solar innovator SunDrive within a $6.5 million allocation shared with Hysata, Southern Green Gas and Quickstep; SunDrive's recent series A drew CEFC alongside Blackbird and Grok Ventures.

Also @AuManufacturing·SmartCompany

FUNDED August 2022

Techboard's monthly roundup tallies August 2022 private funding at $207m across 22 deals, listing the month's raises, BlackRock's acquisition of Akaysha Energy, One Click Life's reverse takeover listing, and several fund closes.

Also Startup Daily

Hysata raises $42m after hydrogen breakthrough

Australian hydrogen technology company Hysata has raised over $40 million to fund expansion following a breakthrough in hydrogen development, per an AFR report linked from the publisher's site.

Also RenewEconomy·@AuManufacturing·Startup Daily·Techboard·Startup Daily·RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing·@AuManufacturing

Hydrogen under $2 in reach as Hysata develops revolutionary process

Virescent Ventures' blog flags Hysata's ultra-efficient electrolyser as progress toward low-cost hydrogen; the Australian company's backer is CEFC, whose investments Virescent manages, with fuller coverage in the AFR.

CEFC makes first hydrogen-related investment, alongside lead investor IP Group

Electrolyser developer Hysata has raised $5 million, led by IP Group with a $750,000 commitment from the CEFC through its Clean Energy Innovation Fund, to commercialise technology developed at the University of Wollongong.

Also RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing

Innovation Victoria: where founders start, scale and succeed

Innovation Victoria launches, merging Breakthrough Victoria and LaunchVic; Geoff Tarrant chairs the board, Monique Conheady deputises and Rod Bristow is CEO; Tarrant co-founded Payapps, bought by Autodesk in 2024.

Also Australian FinTech