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HydGene Renewables

HydGene Renewables mission is to accelerate adoption of low carbon technology by providing an alternative green hydrogen solution.
2020
Nov-50
11-50
Parramatta, New South Wales, Australia
  • Hydrogen
  • Renewable

Innovation

Industry Problem

The company addresses a technical or infrastructure barrier limiting the adoption of low-carbon hydrogen.

R&D Focus

Hydrogen production, infrastructure or related clean-energy technology.

Innovative Solution

HydGene Renewables mission is to accelerate adoption of low carbon technology by providing an alternative green hydrogen solution.

Solution Effectiveness

HydGene states that its biocatalyst platform can reduce production infrastructure requirements by more than 600 times compared with conventional centralised methods.

Investment Funding

Last Funding Stage

Grant

Total Funding Amount

4.66M

Last Funding Amount

751.47K

Last Funding Date

27-06-2024

Startup Stage

Seed

Lead Investors

Clean Energy Finance Corporation, Australian Government, Virescent Ventures, Understorey Ventures, Agronomics

Revenue

$1M to $10M

About

HydGene Renewables mission is to accelerate adoption of low carbon technology by providing an alternative green hydrogen solution.

Products

Demo Product or Complete Product?

Pilot and first-of-a-kind demonstration stage, including a planned regional New South Wales deployment.

Future Plan

Market Expansion

Preparing decentralised deployments for agriculture, chemicals, fuels and wastewater applications, with global scale-up work underway.

Investment Funding

A$6 million seed round in 2023; later received A$1.125 million, A$2.5 million and A$2 million government grants for scale-up and demonstrations.

M&A and Collabs

Collab

We Are Nium: integration of biomass-derived hydrogen with nanocatalytic ammonia production for on-farm applications.

Collab

Shell Catalysts & Technologies and Technip Energies: scale-up and commercialisation collaboration through Greentown Go Make 2026.

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