Hyon

Oslo, Norway Founded: 2017 • Age: 9 yrs Acquired By Saga Pure
Hydrogen fuel solutions are offered for sustainable transport applications.
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About Hyon

Hyon is a company based in Oslo (Norway) founded in 2017 was acquired by Saga Pure in June 2021. It operates as a Green Energy-as-a-Service. The company has 6 employees as of December 31, 2022. Hyon offers products and services including Hydrogen Fuel Solutions.

  • Headquarter Oslo, Norway
  • Employees 6 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Legal Name Hyon As
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $595.67 K (USD)
    220
    as on Dec 31, 2022
  • Net Profit
    $-2.12 M (USD)
    -385
    as on Dec 31, 2022
  • EBITDA
    $-2.12 M (USD)
    -384
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    6

    as on Dec 31, 2022

  • Acquired by
    Saga Pure

    (Jun 29, 2021)

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Products & Services of Hyon

Hyon offers a comprehensive portfolio of products and services, including Hydrogen Fuel Solutions. 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

Hydrogen fuel is provided for sustainable transport solutions.

Funding Insights of Hyon

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Grant - Hyon 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 Hyon

Hyon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Saga Pure. 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
Institutional
Investor Description Founded Year Domain Location
Investment management services are provided by Saga Pure in Oslo.
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 Hyon

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 - Hyon

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

Hyon Comparisons

Employees
+
Add Comparison
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Competitors of Hyon

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 Hyon

Frequently Asked Questions about Hyon

When was Hyon founded?

Hyon was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Hyon located?

Hyon is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

How many employees does Hyon have?

As of Dec 31, 2022, the latest employee count at Hyon is 6.

What is the annual revenue of Hyon?

Annual revenue of Hyon is $595.67K as on Dec 31, 2022.

What does Hyon do?

Hydrogen fuel solutions are developed and promoted for various transport sectors including automotive, public transport, aviation, and maritime. Focus is placed on sustainable energy through green hydrogen production using renewable sources like solar and wind. Applications in heavy transport and urban areas are emphasized to reduce carbon emissions and improve air quality. Research and innovation in production, storage, and distribution methods are supported to enhance accessibility and efficiency of hydrogen as a clean energy source.

What products or services does Hyon offer?

Hyon offers Hydrogen Fuel Solutions.

Who are Hyon's investors?

Hyon has 1 investor. Key investors include Saga Pure.

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