Hycamite

Hycamite provides low-carbon hydrogen and high-quality carbon products for industrial decarbonization, using proprietary methane-splitting technology that requires 87% less energy than electrolysis and produces 90% less carbon footprint than steam methane reforming (SMR). The company offers cost-efficient, low-carbon hydrogen and high-quality carbon products including battery-grade graphite to reduce carbon footprints globally and meet critical supply chain needs. Hycamite's solutions benefit industries including steel, chemicals, oil and gas, and cement, while its carbon nanoproducts and graphite find applications in battery production, electronics, and electrically conductive materials. The company rapidly scales by building modular decarbonization plants next to clients' industrial sites, leveraging standardized technology and existing infrastructure for fast deployment and competitive costs. Hycamite is recognized as a leading critical minerals supplier and was designated a Strategic Project by the European Commission under the Critical Raw Minerals Act (CRMA), supporting EU goals of strengthening supply chain resilience, reducing dependency on third-country imports, and advancing the clean transition. The company also provides maritime decarbonization solutions for the shipping industry and offers a Hydrogen Toolkit app for unit conversions. Founded in 2020 and headquartered in Kokkola, Finland, Hycamite has raised $48.8M in Series A funding from investors including Sojitz, Stephen Industries, The Finnish Climate Fund, Holdix, Turret.fi, HAI Kapital, OMV Petrom, MOL PLUS, CMA CGM, and Tesi.