Hyme

Developer of thermal energy storage solutions for industrial decarbonization applications. The company’s technology converts renewable electricity into high-temperature steam for process heat. This solution aims to reduce emissions and provide cost-effective, reliable operations. The company focuses on industries that require large-scale heat, such as food and beverage, chemicals, pharmaceuticals, and bio-based materials. The company was founded in 2021 and headquartered in Copenhagen, Denmark. It has raised $26M in series a funding, with backing from Heartland, Nordic Makers, North-East Venture, VÅR Ventures, and others. The company operates in the Energy Tech - Energy Storage Tech space. The company leverages advanced technology to deliver innovative solutions tailored to its target market, addressing key industry challenges and driving value for its customers.