What is Hexagon Purus?
Headquartered in Oslo, Norway, Hexagon Purus operates as a specialized provider of clean energy mobility solutions. The company focuses on the development and manufacturing of high-pressure hydrogen storage systems, battery packs, and vehicle integration technologies. By addressing the critical infrastructure needs of the heavy-duty transport industry, Hexagon Purus serves as a foundational player in the global transition toward decarbonized logistics and public transit. Its market position is bolstered by a robust engineering pedigree and a commitment to scaling sustainable energy storage, which remains a core requirement for commercial fleet operators aiming to meet stringent environmental mandates.
How much funding has Hexagon Purus raised?
Hexagon Purus has raised a total of $102.2M across 2 funding rounds:
Other Financing Round
$96M
Other Financing Round
$6.2M
Other Financing Round (2024): $96M with participation from Hy24, Mitsui & Co., and Hexagon Composites
Other Financing Round (2024): $6.2M led by The Commercial Vehicle Innovation Challenge
Key Investors in Hexagon Purus
Mitsui & Co.
Mitsui & Co. is a global trading and investment firm that leverages its extensive international network to support infrastructure development and the global transition toward low-carbon energy solutions.
Hexagon Composites
Hexagon Composites is an industrial firm specializing in advanced materials and chemical products, providing strategic synergy for high-pressure storage technology development.
Hy24
Hy24 is a dedicated clean hydrogen infrastructure investment manager, focusing on scaling the hydrogen value chain through large-scale capital deployment.
What's next for Hexagon Purus?
With the recent influx of capital, Hexagon Purus is expected to prioritize the expansion of its manufacturing capacity and the refinement of its hydrogen storage architecture. The strategic focus will likely shift toward deepening partnerships with global commercial vehicle manufacturers and optimizing supply chain resilience. As the regulatory environment for clean energy continues to tighten, the company is poised to capitalize on the increasing demand for reliable, high-performance zero-emission components, effectively transitioning from a specialized technology developer to a critical tier-one supplier in the global green mobility ecosystem.
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