# Hystar funding: rounds and investors

> Hystar has raised $36M across 1 round since 2025. Investors include Hill House Capital, European Union and Mitsubishi Corporation. Every round with its source.

Source: https://millionrounds.com/company/hystar (Millionrounds; every figure on the page links to its filing or article)

Norway · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Hystar*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials

Funding summary Updated 26 Oct 2026

**$36M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series C, $36M May 2025
- **Investors:** 3

See who backed them

## The rounds

- **May 2025** Series C **$36M** [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [European Union](https://millionrounds.com/fund/european-union) [Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) Source recorded

## Everyone who backed them

[Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **1** round

[European Union](https://millionrounds.com/fund/european-union) Government **1** round

[Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hystar).

## Also claim to have backed them

These 2 firms list Hystar as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[AP Ventures](https://millionrounds.com/fund/ap-ventures) VC firm Per its own site

[MOL Switch LLC](https://millionrounds.com/fund/mol-switch-llc) Corporate VC Per its own site

## Quick answers about Hystar

### Who invested in Hystar?

Hystar's investors include Hill House Capital, European Union and Mitsubishi Corporation.

### How much has Hystar raised?

Hystar has raised $36M across 1 round since 2025.

### When did Hystar last raise?

Hystar's most recent round was a Series C of $36M in May 2025.

### What was Hystar's biggest round?

Its most recent round, $36M in May 2025, is also its largest on record.

### Who backed Hystar first?

Hystar's first round on record, in May 2025, was backed by Hill House Capital, European Union and Mitsubishi Corporation.

### What stage is Hystar at?

Hystar's latest named round is a Series C, in May 2025.

### Where is Hystar based?

Hystar is based in Norway.

## Companies like Hystar

In the same sector, and raised in the last eighteen months.

[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Phononic Vibes** $6.2M · Oct 2026](https://millionrounds.com/company/phononic-vibes)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Esa** $7.3M · Oct 2026](https://millionrounds.com/company/esa)[**ThinkMetal** $2.8M · Oct 2026](https://millionrounds.com/company/thinkmetal)

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