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Hyme Energy
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Short description

Provider of grid-scale thermal energy storage based on molten hydroxide salts, storing up to 700 °C

Founded in 2021
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Denmark Copenhagen, Denmark
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Updated by Cleantech Group on 12/22/2023

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IPO INFORMATION

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Date Investors Type Amount
11/30/2023 Heartland Advisors Heartland Advisors , Nordic Makers Nordic Makers , Northeast Ventures Corporation Northeast Ventures Corporation , VÅR Ventures VÅR Ventures , Export and Investment Fund of Denmark (EIFO) Export and Investment Fund of Denmark (EIFO) (5)
Post-money valuation of
The financing will be used to continue the pilot plant currently under construction, the company will focus on maintaining the pace of its technology and product development while getting ready for full market entry.
Series A $8,660,000
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