
Hycarb
Low-cost, clean hydrogen and graphitic carbon production.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | €45.0m | Grant | |
Total Funding | 000k |
EUR | 2024 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
HyCarb is a cleantech company founded in 2024 that is commercializing a technology for producing low-cost clean hydrogen and metal-free graphitic carbon. The firm's patented intermediate-temperature catalytic methane splitting (IT-CMS) technology is the result of over fifteen years of research from the University of Porto in Portugal. This process operates at intermediate temperatures of 750°C and atmospheric pressure, using readily available materials which contributes to low capital and operational expenditures.
The core of HyCarb's offering is a catalytic reactor that splits methane from either natural gas or biomethane into hydrogen and solid carbon. When using natural gas, the process has no CO2 emissions. If biomethane is used as the feedstock, it achieves a negative carbon footprint. A key feature is the production of high-value, metal-free graphitic carbon nanofilaments as a co-product. The technology is designed to be implemented in both large, centralized plants and smaller, decentralized mobile applications, and can be retrofitted into existing Steam Methane Reforming (SMR) units.
HyCarb's business model appears to be centered on providing this technology to various industries, including technology and environmental services. The company offers services such as Research & Development, consultation, and training workshops to support the adoption of its technology. It aims to deliver tailored solutions to meet specific client needs.
Keywords: clean hydrogen production, catalytic methane splitting, turquoise hydrogen, graphitic carbon, methane pyrolysis, decarbonization, negative emissions, University of Porto, cleantech, sustainable technology, IT-CMS, carbon capture and utilization, hydrogen economy, green energy, low-cost hydrogen, carbon nanofilaments, natural gas decarbonization, biomethane, methane cracking, sustainable future