| Founded | 2021 |
|---|---|
| Closed | 2024 |
| Country | Australia |
| Sector | Cleantech |
| Collapse type | Slow Death |
| Founder | Paul Barrett, Gerry Swiegers |
Hysata
"Australia's most efficient electrolyzer startup ran dry when the hydrogen economy stalled."
Years-long decline before final shutdown
Key Events Timeline
Hysata raised AUD $42M from CSIRO, IP Group and others claiming its capillary-fed electrolyzer achieved 95% efficiency — potentially the world's most efficient electrolysis device.
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