What is HySiLabs?
HySiLabs is at the forefront of developing innovative solutions for the transportation and storage of hydrogen, a key element in the transition to a low-carbon economy. The company's proprietary HydroSil liquid carrier technology aims to overcome the inherent difficulties associated with gaseous hydrogen, such as low density, high transportation costs, and safety concerns. By enabling safer and more efficient hydrogen logistics, HySiLabs is poised to remove significant barriers to the widespread adoption of hydrogen technologies in mobility and industry.
How much funding has HySiLabs raised?
HySiLabs has raised a total of $14M across 1 funding round:
Series A
$14M
Series A (2023): $14M with participation from The European Innovation Council and Pld Automobile
Key Investors in HySiLabs
The European Innovation Council
The European Innovation Council is an entity focused on fostering innovation and technological advancement, likely supporting companies with high-growth potential in strategic sectors like clean energy.
Pld Automobile
Pld Automobile, a multi-brand dealership group, indicates a strategic interest in the future of mobility and potentially the integration of hydrogen solutions within the automotive sector.
What's next for HySiLabs?
With its recent major enterprise-level funding, HySiLabs is positioned for accelerated growth and scaling of its groundbreaking hydrogen transportation technology. This strategic investment will likely fuel further research and development, expand operational capacity, and facilitate market penetration. The company's focus on solving supply chain and regulatory hurdles suggests a clear path toward commercialization and a significant impact on the burgeoning hydrogen economy.
See full HySiLabs company page
