HysetCo SAS
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HysetCo SAS - overview
Established
2017
Location
Seine Saint Denis, -, France
Primary Industry
Transportation Services
About
HysetCo, based in France, specializes in hydrogen mobility solutions aimed at promoting zero-emission transportation. The company provides rental and management services for hydrogen vehicle fleets, supporting businesses in their transition to cleaner transport. Founded in 2017 in Seine Saint Denis, France, HysetCo offers hydrogen mobility solutions that focus on urban transport decarbonization. The company CEO is Loïc Voisin, In April 2026, HysetCo.
raised undisclosed amount of venture debt funding from new investor Uber Technologies Inc. HysetCo operates without any known subsidiaries. HysetCo provides a comprehensive suite of hydrogen mobility solutions focusing on facilitating the transition to zero-emission transportation for businesses. Their core offerings include the rental and management of hydrogen vehicle fleets, which encompass models such as the Toyota Mirai 2 and the Peugeot e-Expert Hydrogen.
These services are designed for professionals seeking to integrate hydrogen vehicles into their operations without upfront capital investment, enabling a seamless transition to cleaner mobility. The practical use cases primarily target sectors such as logistics, transportation, and taxi services, where reducing carbon emissions is a priority. HysetCo’s solutions are available in key markets across France, particularly in Île-de-France, where they operate the first open-access hydrogen filling station network, providing 24/7 access to the necessary infrastructure for hydrogen refueling. In 2022, HysetCo reported a revenue of EUR 3,672.
138, with an EBITDA of EUR -6,280. 077. The revenue model is primarily built around vehicle rental services, which include comprehensive packages designed to meet the needs of businesses transitioning to hydrogen mobility. These packages encompass vehicle rental, insurance, maintenance, and hydrogen fuel, facilitating a straightforward, all-inclusive pricing structure.
Clients can engage in short-term rentals, allowing them to adapt their fleets to comply with environmental regulations effectively. The company will use the April 2026 funding to support the growth of its hydrogen mobility operations and expand the deployment of hydrogen‑powered taxis integrated into ride‑hailing and business travel services in France.
Current Investors
TotalEnergies, Toyota Motor, Kouros
Primary Industry
Transportation Services
Sub Industries
Car Hire Services, Public Transit/Transportation, Analytics & Performance Software
Website
www.hysetco.com/
Verticals
Electric & Hybrid Vehicles, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
HysetCo SAS - timeline of key events

HysetCo SAS - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Sep 30, 2022 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 150,271 | 1,120,148 | 2,200,442 | - | - | - |
| % Revenue Growth (YoY) | - | 645.4% | 96.4% | - | - | - |
| EBITDA (USD) | (272,971) | (1,300,385) | (2,282,603) | - | - | - |
| Operating Income (USD) | (356,103) | (1,789,440) | (2,305,756) | - | - | - |
| Operating Margin | (237.0%) | (159.8%) | (104.8%) | - | - | - |
| % EBITDA Margin | (181.7%) | (116.1%) | (103.7%) | - | - | - |
| NET Income (USD) | (382,986) | (894,588) | (2,368,237) | - | - | - |
| % Net Margin | (254.9%) | (79.9%) | (107.6%) | - | - | - |
HysetCo SAS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Venture Debt | Completed | HysetCo SAS | - | ||||||||
| Series A | Completed | HysetCo SAS | - | ||||||||
| Unspecified Round | Completed | HysetCo SAS | - | ||||||||
| Venture Debt | Completed | HysetCo SAS | - | ||||||||
| Unspecified Round | Completed | HysetCo SAS | - |
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HysetCo SAS - employee data


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