Hysun has closed a €3M funding round, backed by Equinor Ventures and Axon Partners Group, alongside continued support from InnoEnergy, NANOGAP, and Tewer Engineering.

The funding will support the installation of Hysun’s prototype at the Plataforma Solar de Almería, bringing the company closer to validating its photo-thermo-catalytic technology, which produces 100% renewable hydrogen without using electricity.

By narrowing the cost gap with grey hydrogen, the technology could significantly improve the competitiveness of green hydrogen and accelerate its adoption in hard-to-decarbonise sectors, including transport and heavy industry.

The investment marks a major step for Hysun in scaling its technology and advancing Europe’s energy transition.