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09 May

Hysata raises $111m to advance its alkaline electrolyser tech

Australian electrolyser start-up Hysata has raised $111.3 million in what it claims to be the country’s largest Series B investment round in Australia’s cleantech history. The company secured backing from new strategic and financial investors including South Korea’s POSCO and IDO, the venture capital arm of the Oman Investment Authority. Yet, the fundraising was led by bp Ventures and Templewater, which invested $10m each. Other companies suppor…
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