About Hycosys
Hycosys is a company based in Bengaluru (India) founded in 2024. It operates as a B2B. Hycosys has raised $1.09 million across 2 funding rounds from investors including PointOne Capital and MountTech Growth Fund. Hycosys offers products and services including Gas Turbines and Hydrogen Combustion Systems. Hycosys operates in a competitive market with competitors including Ecoflow, Moxion Power, Baxi, BDR Thermea Group and BLUETTI, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Energy & UtilitiesAerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Hycosys Private Limited
- Date of Incorporation 07 Jun, 2024
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.09 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Feb 23, 2026
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Investors
PointOne Capital
& 1 more
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Employee Count
Not available
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Products & Services of Hycosys
Hycosys offers a comprehensive portfolio of products and services, including Gas Turbines and Hydrogen Combustion Systems.
Efficient turbines for hydrogen-based power and backup electricity generation.
Systems that burn hydrogen to minimize CO2 emissions in propulsion.
Funding Insights of Hycosys
Hycosys has successfully raised a total of $1.09M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hycosys
Hycosys has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PointOne Capital and MountTech Growth Fund.
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Venture capital fund investing in pre-seed tech startups with support services.
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Investor details for Hycosys
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Investments & Acquisitions by Hycosys
Investment portfolio details for Hycosys
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Financial Statements - Hycosys
Detailed financials for Hycosys
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- Profit trends
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Hycosys Comparisons
Peer comparison for Hycosys
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Competitors of Hycosys
Hycosys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecoflow, Moxion Power, Baxi, BDR Thermea Group and BLUETTI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An online platform for energy storage solutions is offered.
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Commercial and industrial generators are manufactured with renewable energy sources.
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Baxi is recognized as a leading manufacturer of heating and hot water solutions.
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Manufacturer and distributor of smart climate and sanitary hot water solutions
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Manufacturer of electrical equipment
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Portable power solutions for mobile devices are offered by Jackery.
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Detailed competitors of Hycosys
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Latest news on Hycosys
Complete news archive for Hycosys
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Frequently Asked Questions about Hycosys
Hycosys was founded in 2024.
Hycosys is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hycosys is a funded company, having raised a total of $1.09M across 2 funding rounds to date.
Hycosys focuses on creating hydrogen combustion systems to promote a carbon-free future in power and propulsion. They develop highly efficient gas turbines with 50-200 kW output for applications like electricity backup and power generation. These systems burn 100 hydrogen to reduce CO2 emissions and serve as economical replacements for polluting diesel gensets. The team comprises experts from institutions such as IIT Kanpur and DRDO, emphasizing advanced research in combustion technology.
Hycosys's top competitors include Ecoflow, Moxion Power and BLUETTI.
Hycosys offers Gas Turbines and Hydrogen Combustion Systems.
Hycosys has 2 investors. Key investors include PointOne Capital, and MountTech Growth Fund.
The valuation of Hycosys is $1.45M as of Dec 2024.