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Hyme - About the company

Hyme is a series A company based in Copenhagen (Denmark), founded in 2021. It operates as a Provider energy storage solution. Hyme has raised $26M in funding from Heartland, with a current valuation of $64.8M.

Company Details

Provider energy storage solution. It provides a grid-scale thermal energy storage solution based on molten salts to improve the integration of sustainable energy in the energy system.
Website
Email ID
@hyme.energy
Phone Number
+45
Key Metrics
Founded Year
2021
Location
Copenhagen, Denmark
Stage
Series A
Total Funding
in 2 rounds
Latest Funding Round
Post Money Valuation
as on Dec 03, 2021
Investors
Ranked
1st among
Employee Count
as on Nov 30, 2024
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Legal entities associated with Hyme

Hyme is associated with 1 legal entity given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Nov 08, 2021
-
135
267
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Hyme's funding and investors

Hyme has raised a total funding of $26M over 2 rounds. Its first funding round was on Dec 03, 2021. Its latest funding round was a Series A round on Dec 01, 2023 for $8.74M. 5 investors participated in its latest round, which includes Nordic Makers, Danmarks Eksport og Investeringsfond, North-East Venture and Heartland.

Hyme has 5 institutional investors including Heartland, Nordic Makers and Danmarks Eksport og Investeringsfond.

Here is the list of recent funding rounds of Hyme:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Dec 01, 2023
$8.74M
Series A
7886409
9878602
Dec 03, 2021
$12M
Series A
3833071
1591160
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Hyme's valuation details

Hyme is valued at $64.8M as per the latest available filings.

Hyme's founders and board of directors

Hyme's board has 4 active members. Torben Wind, , Barbara Taudorf Andersen and are independent board members.

Hyme's employee count trend

Hyme has 43 employees as of Nov 24. The total employee count is 38.7% more than what it was in Nov 23. Here is Hyme's employee count trend over the years:
Employee count trend for Hyme
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Hyme's Investments and acquisitions

Hyme has made no investments or acquisitions yet.

Reports related to Hyme

Here is the latest report on Hyme's sector:
View

News related to Hyme

Media has covered Hyme for a total of 5 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
•
pv magazine•Mar 27, 2025•, Hyme
•
Energy-Storage•Jan 06, 2025•Hyme, Arla Foods
•
TechCrunch+•Dec 19, 2024•Hyme, Arla Foods
•
Global Village Space•Dec 19, 2024•Hyme, Arla Foods
•
Energy Storage News•Apr 25, 2024•Hyme
•
chemengonline.com•Oct 24, 2023•, Hyme
•
ReNEWS•May 09, 2023•, Hyme
•
pv magazine•Nov 15, 2022•, Hyme
•
BloombergQuint•Feb 15, 2022•Hyme
•
pv magazine•Feb 08, 2022•seaborg.com, Hyme
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