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
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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- Legal Name Hy2gen Ag
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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.
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 |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of hydrogen products manufacturing, energy training, and other services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HY2GEN
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HY2GEN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hy2gen Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.