Hycamite

is a Finnish-based Renewable Energy startup founded in 2020. The company specializes in producing clean hydrogen and solid carbon through their proprietary zero-emission technology, known as thermo-catalytic decomposition (TCD) of methane molecules. This innovative methane pyrolysis technology, which boasts the potential to use only 13% of the energy required for hydrogen production compared to traditional electrolysis methods, allows for the production of low-carbon or even carbon-negative hydrogen. Hycamite’s solution not only facilitates carbon capture, utilization, and storage (CCUS), creating carbon sinks, but also provides industrial-quality carbon suitable for various demanding applications. The recent €25.00M Venture Round investment on 18 July 2023 was led by a consortium of investors, including Sojitz Corp., Holdix Oy Ab, HAI Capital Group, Ilmastorahasto - The Finnish Climate Fund, Stephen Industries, Turret Oy. With its environmentally friendly production processes that generate no atmospheric emissions and the use of sustainable catalysts, Hycamite places a strong emphasis on sustainability. The company's promising technology and recent investment signify its potential to make a substantial impact in the renewable energy sector.