About Hymeth
Hymeth is a company based in Søborg (Denmark) founded in 2016.. Hymeth has raised $5.17 million across 2 funding rounds from investors including EIT InnoEnergy, Business Angels Club Berlin-Brandenburg and Antler. The company has 1 employees as of November 30, 2024. Hymeth offers products and services including HYAEON and HYNACE. Hymeth operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.
- Headquarter Søborg, Denmark
- Employees 1 as on 30 Nov, 2024
- Stage Minicorn
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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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Social
*********
- Legal Name Hymeth Aps
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Annual Revenue
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Net Profit
$-287.86 K (USD)25as on Dec 31, 2022
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EBITDA
$-401.01 K (USD)29as on Dec 31, 2022
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Total Equity Funding
$5.17 M (USD)
in 2 rounds
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Latest Funding Round
$4.28 M (USD), Series A
Jun 17, 2025
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Investors
EIT InnoEnergy
& 2 more
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Employee Count
1
as on Nov 30, 2024
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Products & Services of Hymeth
Hymeth offers a comprehensive portfolio of products and services, including HYAEON and HYNACE. 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.
Cost-effective device for producing green hydrogen efficiently.
Advanced system supporting green hydrogen production technologies.
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Funding Insights of Hymeth
Hymeth has successfully raised a total of $5.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.28 million completed in June 2025. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.3M
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First Round
First Round
(21 Sep 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series A - Hymeth | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Hymeth | Valuation | Business Angels , EIT InnoEnergy |
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| 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 |
Investors in Hymeth
Hymeth has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT InnoEnergy, Business Angels Club Berlin-Brandenburg and Antler. 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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Support for startups with capital and mentorship is provided.
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Founded Year | Domain | Location | |
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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Innovation engine in sustainable energy
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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 Hymeth
| 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 - Hymeth
| 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 |
Hymeth Comparisons
Competitors of Hymeth
Hymeth 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
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| domain | founded_year | HQ Location |
Power generation via bioenergy, thermal, and wind sources is offered.
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| domain | founded_year | HQ Location |
Producer and supplier of green hydrogen
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| domain | founded_year | HQ Location |
Pressurized alkaline and solid oxide electrolysis products are manufactured.
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| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
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| domain | founded_year | HQ Location |
Solutions for hydrogen generation via electrolysis are provided.
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| 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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Latest news on Hymeth
Frequently Asked Questions about Hymeth
When was Hymeth founded?
Hymeth was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Hymeth located?
Hymeth is headquartered in Søborg, Denmark.
Who is the current CEO of Hymeth?
Mats Blacker is the current CEO of Hymeth.
Is Hymeth a funded company?
Hymeth is a funded company, having raised a total of $5.17M across 2 funding rounds to date. The company's 1st funding round was a Seed of $890.94K, raised on Sep 21, 2020.
How many employees does Hymeth have?
As of Nov 30, 2024, the latest employee count at Hymeth is 1.
What does Hymeth do?
Hymeth was founded in 2016 and is based in Soborg, Denmark. Operations center on the clean energy sector, where products for hydrogen generation are developed and offered. Hyaeon serves as a low-temperature, high-pressure electrolyzer enabling efficient electrolysis processes. Hynace supports the creation of synthetic methane gas, methanol, diesel, and aircraft fuel from hydrogen sources. These technologies address industrial needs in sustainable fuel production.
Who are the top competitors of Hymeth?
Hymeth's top competitors include Lhyfe, Nel Hydrogen and Orsted.
What products or services does Hymeth offer?
Hymeth offers HYAEON and HYNACE.
Who are Hymeth's investors?
Hymeth has 3 investors. Key investors include EIT InnoEnergy, Business Angels Club Berlin-Brandenburg, and Antler.
What is Hymeth's valuation?
The valuation of Hymeth is $8.25M as of Sep 2020.