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Battolyser Systems

Battolyser is an integrated battery and electrolyser system producing green hydrogen at low costs without using scarce materials
2021
101-250
101-250
Schiedam, Zuid-Holland, The Netherlands

Innovation

Industry Problem

Green hydrogen remains more expensive than fossil-based hydrogen because electrolysers have high capital costs, energy losses and scaling constraints.

R&D Focus

Water electrolysis, electrolyser stack design and green hydrogen production.

Innovative Solution

Battolyser is an integrated battery and electrolyser system producing green hydrogen at low costs without using scarce materials

Investment Funding

Last Funding Stage

Grant

Total Funding Amount

75.73M

Last Funding Date

22-10-2024

Startup Stage

Early Stage

Lead Investors

European Investment Bank, Invest-NL, Innovation Industries, Global Cleantech Capital, The European Innovation Fund

Revenue

$1M to $10M

People

Founders

About

Battolyser Systems aims to stimulate the development, production, and commercialization of battolyser technology and is looking for skilled and highly motivated people to join the team. The Company was founded in 2018 by dr. prof Fokko Mulder (Technical University of Delft) together with Kees Koolen (former CEO of Booking.com and former COO of Uber) and is led by CEO Mattijs Slee (previously Shell Hydrogen). The company has a unique patented technology that has the lowest production cost for green hydrogen in the market and does not require scarce materials.

Products

Product

Battolyser: an integrated nickel-iron battery and electrolyser that stores electricity and produces hydrogen.

Star Product

Battolyser – the principal named platform or lead commercial project.

Demo Product or Complete Product?

In development.

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