CEO · Founder, Hysata
Stories naming Dr Paul Barrett. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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.
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.
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
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.
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.
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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.
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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.
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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
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.
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Growave has raised $900,000 in seed backing from IP Group, Grain Innovate and Artesian to commercialise microwave weed-killing technology developed from University of Melbourne research, aiming for a commercial product within 18 months.