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May 14,2025

Hystar Secures $36M to Scale Up PEM Green Hydrogen Technology

 Hystar AS, a Norwegian hydrogen technology company, has raised $36 million in Series C funding to accelerate the commercial scale-up of its PEM electrolysers. The funding, backed by new and existing investors, will support the company’s expansion following multiple customer orders. Hystar’s patented electrolysers, designed for mass production, use 90% thinner membranes, improving energy efficiency and reducing green hydrogen costs.

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