Hystar today (January 11) announced it had completed a Series B funding round of $26m as it looks to scale-up to gigawatt capacity electrolyser production, expand into new markets and deliver larger projects.

Having attracted the backing of major industrial players such as Mitsubishi Corporation, Finnidus and Nippon Steel Trading alongside financial investors Hillhouse Investment and Trustbridge Partners the round seemingly not only offers a capital backing, but support to break into new markets.

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