HY2GEN

Werlte, Germany Founded: 2013 • Age: 13 yrs Acquired By Hy2gen
Power-to-Gas production plant is operated in Werlte, Germany.

About HY2GEN

HY2GEN is a company based in Werlte (Germany) founded in 2013 by Tolga Akertek was acquired by Hy2gen in December 2023. It operates as a Green Energy-as-a-Service, and Product-as-a-Service. HY2GEN offers products and services including Renewable Hydrogen, Renewable Ammonia, Renewable Methanol, and E-Kerosene (SAF+).

  • Headquarter Werlte, Germany
  • Founders Tolga Akertek
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Hy2gen Ag
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Hy2gen

    (Dec 11, 2023)

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Products & Services of HY2GEN

HY2GEN offers a comprehensive portfolio of products and services, including Renewable Hydrogen, Renewable Ammonia, Renewable Methanol, and E-Kerosene (SAF+). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Renewable hydrogen is produced using water electrolysis technology.

Renewable ammonia is derived from sustainable hydrogen production.

Renewable methanol is synthesized from green hydrogen sources.

E-kerosene is created as sustainable aviation fuel alternative.

Funding Insights of HY2GEN

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HY2GEN

HY2GEN has secured backing from 1 investor. Prominent investors backing the company include Hy2gen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of hydrogen products manufacturing, energy training, and other services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HY2GEN

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - HY2GEN

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hy2gen Comparisons

Employees
+
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Competitors of HY2GEN

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hy2gen

Frequently Asked Questions about HY2GEN

When was HY2GEN founded?

HY2GEN was founded in 2013.

Where is HY2GEN located?

HY2GEN is headquartered in Werlte, Germany. It is registered at Werlte, Lower Saxony, Germany.

Who is the current CEO of HY2GEN?

Jens Becker is the current CEO of HY2GEN.

What does HY2GEN do?

HY2GEN is involved in the development, financing, construction, and operation of plants for producing Renewable Fuels of Non-Biological Origin (RFNBOs) and Power-to-X (PtX) fuels. The company focuses on renewable hydrogen, ammonia, methanol, and sustainable aviation fuels (SAF) for industries like transport, power generation, and energy-intensive sectors. Operations are supported by state-of-the-art technologies such as water electrolysis and Fischer-Tropsch synthesis, with production sites integrated into industrial ecosystems to leverage circular economies. Projects are underway in France, Norway, Canada, and Germany, aiming to decarbonize hard-to-abate sectors and enhance energy security through sustainable solutions.

What products or services does HY2GEN offer?

HY2GEN offers Renewable Hydrogen, Renewable Ammonia, Renewable Methanol, and E-Kerosene (SAF+).

Who are HY2GEN's investors?

HY2GEN has 1 investor. Key investors include Hy2gen.

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