About HyET group
HyET group is a company based in Arnhem (Netherlands) founded in 2008 by Rombout Swanborn was acquired by Fortescue Metals in October 2021.. HyET group offers products and services including HyET Solar, HyET E-Trol, HyET Hydrogen, HyET NoCarbon, and HyET Lithium. HyET group operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Arnhem, Netherlands
- Founders Rombout Swanborn
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Fortescue Metals
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Fortescue Metals
(Oct 07, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of HyET group
HyET group offers a comprehensive portfolio of products and services, including HyET Solar, HyET E-Trol, HyET Hydrogen, HyET NoCarbon, and HyET Lithium. 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.
Provides affordable solar photovoltaic systems for renewable energy markets.
Enables cost-effective green hydrogen production for energy applications.
Supports battery-to-hydrogen shifts for sustainable vehicle technologies.
Offers low-cost modular reactors for various industrial applications.
Produces high-energy solid-state lithium-ion batteries for advanced storage.
Funding Insights of HyET group
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(01 Oct 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - HyET group | Valuation | AP Ventures |
|
| Oct, 2016 | Amount | Grant - HyET group | Valuation |
investors |
| 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 HyET group
HyET group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fortescue Metals, European Union and AP Ventures. 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 |
|---|---|---|---|---|
|
AP Ventures is focused on venture capital investments in decarbonisation.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Producer of iron ore
|
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 HyET group
| 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 - HyET group
| 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 |
Hyet Group Comparisons
Competitors of HyET group
HyET group 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 Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of hydrogen production and storage solutions
|
|
| domain | founded_year | HQ Location |
Power generation via bioenergy, thermal, and wind sources is offered.
|
|
| domain | founded_year | HQ Location |
Producer and supplier of green hydrogen
|
|
| domain | founded_year | HQ Location |
Pressurized alkaline and solid oxide electrolysis products are manufactured.
|
|
| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
|
|
| domain | founded_year | HQ Location |
Solutions for hydrogen generation via electrolysis are provided.
|
| 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 Hyet Group
Frequently Asked Questions about HyET group
When was HyET group founded?
HyET group was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Where is HyET group located?
HyET group is headquartered in Arnhem, Netherlands. It is registered at Arnhem, Gelderland, Netherlands.
Who is the current CEO of HyET group?
Rombout Swanborn is the current CEO of HyET group. They have also founded this company.
What does HyET group do?
HyET group was founded in 2008 in Arnhem, Netherlands, and operates in the renewable energy sector. Technology for low-cost, distributed power generation and commercially viable high-pressure hydrogen production is developed. Silicon-based flexible thin-film solar cells are manufactured. Focus is placed on advancing sustainable energy solutions through these core technologies and related services.
Who are the top competitors of HyET group?
HyET group's top competitors include Lhyfe, Nel Hydrogen and Orsted.
What products or services does HyET group offer?
HyET group offers HyET Solar, HyET E-Trol, HyET Hydrogen, HyET NoCarbon, and HyET Lithium.
Who are HyET group's investors?
HyET group has 3 investors. Key investors include Fortescue Metals, European Union, and AP Ventures.