The 12 closest competitors and alternatives to Hycamite among cleantech companies — ranked by similarity to what Hycamite actually does, not by market-cap band.
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Hycamite is a privately owned deep-tech company headquartered in Kokkola, Finland, that produces zero-emission low-cost hydrogen and carbon products by breaking down methane molecules using heat.
Hycamite is a cleantech company headquartered in Finland. It has raised at least $75M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $48M in January 2025. Xcout tracks 1 named person at Hycamite, including Laura Rahikka (CEO and Co-Founder).
At least $75M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $48M | 6 named | |
| Series A | $27M | 8 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Hycamite by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Carbon Capture
Cool Planet Technologies is a carbon capture company aiming to significantly reduce the cost of removing carbon dioxide from industrial flue gas emissions.
Carbon Capture Technology
Capsol Technologies provides post-combustion carbon capture technology and plant designs for industrial and power generation sectors, including cement, biomass, waste-to-energy, and gas turbines. The company offers proprietary solutions that utilize a safe solvent and integrated heat generation to capture CO2 while reducing costs and environmental impact. Their services are licensed globally to help industrial partners and utilities achieve decarbonization.
Similar cleantech company
The First Element is a cleantech company headquartered in Marlow, United Kingdom. It specializes in revolutionizing green hydrogen creation, consumption, and storage through proprietary products like the Smart Tank.
Similar cleantech company
Airovation Technologies provides climate-tech solutions focused on carbon capture, utilization, and storage (CCUS) for heavy industries. The company's technology converts industrial emissions and waste materials—such as carbon dioxide and phosphogypsum—into low-carbon hydrogen, fertilizers, and sustainable mineral supplies for concrete, plastic, and paper manufacturing.
Similar cleantech company
Permascand is a Swedish cleantech company that develops and manufactures electrodes, catalytic coatings, and electrochemical equipment. It serves industrial customers in areas including hydrogen production, water treatment, and chlor-alkali and chlorate processes.
Similar cleantech company
Battolyser is a Netherlands-based cleantech company developing integrated battery-electrolyser systems that store electricity and can produce hydrogen when charged beyond the battery’s capacity. Its technology is intended for renewable-energy integration, grid balancing, and industrial users seeking flexible hydrogen production and energy storage.
Carbon Capture
Mars Materials is a venture-backed and Breakthrough Energy Fellows-supported public benefit corporation that transforms captured carbon dioxide into useful materials. The startup focuses on sequestering carbon into carbon fiber and producing wastewater treatment chemicals, including securing an exclusive option to NREL's renewable acrylonitrile technology.
Similar cleantech company
Aircela is a privately held company founded in 2019 that builds machines designed to capture carbon dioxide directly from the air and convert it into gasoline using clean electricity. Headquartered in New York City, the company offers carbon-neutral technological solutions for engines.
Carbon Capture
C-Capture is a clean-tech company and spin-out from the University of Leeds that has developed a low-cost, energy-efficient, and safe solvent-based technology to capture carbon dioxide from flue gas.
Climate Technology
PuriFire Energy is a biomethanol project developer headquartered in Cambridge, United Kingdom, working on decentralized, port-based production facilities for green chemicals and marine fuels.
Climate Technology
Mission Zero Technologies develops electrochemical direct air capture technology that recovers carbon dioxide from the atmosphere at scale. The company provides solutions to carbon dioxide users, project developers, and scientists to enable permanent carbon sequestration, sustainable building materials, and e-fuels.
Environmental Technology
Ocean GeoLoop develops and commercializes proprietary, chemical-free carbon capture technology for industrial point-source emitters. The company provides scalable, energy-efficient solutions and testing services to help heavy industries reduce carbon emissions and achieve sustainability targets.
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