Hycamite TCD Technologies
Hycamite TCD Technologies is a Finnish cleantech company that commercializes proprietary Thermo-Catalytic Decomposition technology to split methane into low-carbon hydrogen and solid carbon products, serving industrial customers in steel, chemicals, cement, battery manufacturing, and maritime shipping.
- Company typePrivate
- Founded2020
- HeadquartersKokkola, Finland
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hycamite TCD Technologies does
Hycamite TCD Technologies Ltd. is a Finnish privately-held cleantech company founded in 2020 and headquartered in Kokkola, Finland, that commercializes proprietary Thermo-Catalytic Decomposition (TCD) technology for emission-free methane splitting. The technology decomposes methane from natural gas, LNG, biomethane, or synthetic methane into low-carbon hydrogen and solid carbon products using heat and recyclable catalysts in an oxygen-free environment, producing zero direct CO2 emissions. The process generates co-products including battery-grade graphite, carbon nanofibers, and graphitic carbon for applications in batteries, tires, construction materials, and electronics, with a published carbon footprint below 1 kg CO2e/kg C for the carbon outputs.
The company's commercial model is anchored on direct enterprise sales of modular, standardized TCD plants deployed adjacent to industrial customers' sites, leveraging existing natural gas infrastructure for rapid integration. It serves hard-to-abate industrial verticals—steel, chemicals, oil and gas, cement, battery manufacturing, and maritime shipping—with hydrogen used for process decarbonization and solid carbon products sold to battery and materials customers. Hycamite also operates the Customer Sample Facility (CSF) in Kokkola, Europe's largest methane-splitting plant with nominal capacity of 2,000 tonnes of hydrogen and 6,000 tonnes of carbon annually, alongside a planned large-scale graphite project targeting up to 200 kilotons per year.
Hycamite generates revenue (where commercial volumes exist) through low-carbon hydrogen sales to industrial offtakers, transactions for high-value carbon products, and potential future technology licensing. Revenue is not publicly disclosed. The customer base is concentrated among named European industrial partners (Kokkolan Energia for gas supply, with steel/chemical/battery/maritime customers unnamed); the company's strategic posture is pre-commercial to early-commercial scaling, supported by approximately €70M+ in disclosed funding from investors including Sojitz Group, Stephen Industries, the Finnish Climate Fund, OMV Petrom, MOL PLUS, and CMA CGM. Recognition as one of 47 EU CRMA Strategic Projects (March 2025) and DNV's first Approval in Principle for onboard LNG-to-hydrogen systems (November 2025) anchor the regulatory moat. Leadership was restructured in June 2026 with Jukka Nieminen as Board Chair, Matti Malkamäki as CEO, and Laura Rahikka as COO to support the planned multi-site, multi-geography expansion.
Hycamite TCD Technologies firmographics
Firmographics- Name
- Hycamite TCD Technologies
- Legal name
- Hycamite TCD Technologies Ltd.
- Website
- https://hycamite.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Hycamite TCD Technologies is a Finnish cleantech company that commercializes proprietary Thermo-Catalytic Decomposition technology to split methane into low-carbon hydrogen and solid carbon products, serving industrial customers in steel, chemicals, cement, battery manufacturing, and maritime shipping.
- Ownership category
- akta.pro rank
Hycamite TCD Technologies industry classification
Industry- Product category
- Low-Carbon Hydrogen Production
- NAICS
- Industrial Gas Manufacturing (32512), Other Basic Inorganic Chemical Manufacturing (325180), Chemical Manufacturing (325)
- SIC
- Industrial Inorganic Chemicals (2810)
- akta.pro primary industry
- Methane Abatement Projects (Landfill Gas, Manure, Coal Mine Methane, O&G Methane) (EUABABAL)
- akta.pro secondary industries
- Solvent/Sorbent/Catalyst Materials & Capture Equipment Manufacturing (Absorbers, Strippers, Heat Exchangers) (EUAAALAJ), CO₂‑to‑Chemicals (C1/C2+ chemicals: formic acid, CO, syngas, ethylene/propylene pathways) (EUABAIAC)
Keywords
Where Hycamite TCD Technologies is headquartered
LocationHeadquarters
- HQ city
- Kokkola
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
Hycamite TCD Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Supply Chain, Marketing or Sales
Revenue model
- Low-Carbon Hydrogen Sales: Sale of low-carbon hydrogen produced through methane pyrolysis to industrial customers in steel, chemicals, oil and gas, and cement industries. Hydrogen is produced at client sites for immediate use.
- Carbon Products Sales: Sale of high-value carbon products including battery-grade graphite, carbon nanofibers, and graphitic carbon for tire manufacturing, battery production, electronics, and construction materials.
- Technology Licensing: Potential licensing of proprietary TCD technology to deploy methane-splitting plants globally alongside industrial partners.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Hycamite TCD Technologies product offering
Product offeringCore offering
Hycamite commercializes proprietary Thermo-Catalytic Decomposition (TCD) technology that decomposes methane into low-carbon hydrogen and solid carbon products in an oxygen-free environment with zero CO2 emissions. The company operates Europe's largest methane-splitting plant, the Customer Sample Facility (CSF) in Kokkola, Finland, and sells hydrogen, battery-grade graphite, carbon nanofibers, and onboard maritime hydrogen systems to industrial customers in steel, chemicals, cement, battery, and shipping sectors.
Product overview
Hycamite TCD Technologies offers a portfolio of products centered on its proprietary Thermo-Catalytic Decomposition (TCD) methane-splitting technology. The core offerings include low-carbon Hydrogen and high-quality Carbon Products (including battery-grade graphite), complemented by Maritime Solutions for the shipping industry. The company operates the Customer Sample Facility (CSF) in Kokkola, Finland—Europe's largest methane-splitting plant—producing hydrogen and solid carbon products without CO2 emissions. Their CRMA Strategic Project status recognizes their graphite production capability as critical for Europe's battery supply chain. A companion HYCAMITE Hydrogen Toolkit mobile app provides unit conversion utilities for hydrogen professionals.
Differentiator
Problem solved
Functional benefit
Products and services
- Low-Carbon Hydrogen
- Carbon Products (Battery-Grade Graphite, Carbon Nanofibers, Graphitic Carbon)
- Maritime Onboard Hydrogen Production System
- Thermo-Catalytic Decomposition (TCD) Technology Licensing
Quantifiable outcome
- 87% less energy required versus electrolysis for hydrogen production
- +5 more outcomes
Companies that use Hycamite TCD Technologies
Customer profileNamed customers4 records
Segments8 records
Ideal customer profiles4 records
Hycamite TCD Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hycamite TCD Technologies partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major and minor.
- DNVcoreWorld-leading classification society awarding Approval in Principle (AiP) for Hycamite's onboard hydrogen production system from LNG for maritime decarbonization - first recognition of this technology type.
- MOLEAmajorJapanese maritime company signing MoU to cooperate in promoting methane-splitting application for power generation and propulsion onboard marine vessels.
- MOL PLUSmajorMitsui O.S.K. Lines subsidiary signing MoU to cooperate in promoting methane-splitting technology for marine vessel applications.
- BetolarminorFinnish materials company signing commercial agreement to test Hycamite's carbon nanofibers as concrete additive for sustainable construction materials.
- WärtsiläcoreFinnish technology company partnering to jointly develop onboard hydrogen production technology from LNG for shipping propulsion systems.
- ABBmajorGlobal technology company collaborating on low-carbon hydrogen and clean carbon production at industrial scale.
- HultebergmajorPartner collaborating on developing reactors and catalysts for methane-splitting technology.
- NW NaturalminorOregon natural gas utility exploring opportunities for emissions-free hydrogen production technology deployment in the Pacific Northwest US.
- GasumminorFinnish energy company cooperating on decarbonizing natural gas and biogas supply for hydrogen production.
- SwecominorEngineering consultancy selected as engineering partner for hydrogen-producing pilot plant development.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Hycamite TCD Technologies competitors and assessment
Company assessmentDirect peers
- Monolith Materials: US-based company using methane pyrolysis technology to produce carbon black and hydrogen, with a similar technology platform and dual-product value proposition. Directly comparable as a methane pyrolysis competitor targeting industrial markets and producing both hydrogen and solid carbon byproducts.
- Hazer Group: Australian cleantech company that has developed methane pyrolysis technology to produce hydrogen and graphite. Most direct comparable in terms of technology and product portfolio (hydrogen + graphite) targeting industrial decarbonization and critical minerals markets.
- C-Zero: US-based startup developing methane pyrolysis technology for clean hydrogen production, using a similar thermal decomposition approach. Direct technology peer targeting the low-carbon hydrogen market with comparable TCD-like process architecture.
Emerging players
- Talga Resources: Swedish-Australian company developing battery-grade graphite for EV batteries, focused on vertically integrated European supply chain. Comparable on the graphite/critical minerals value chain side targeting similar battery manufacturers.
- Nouveau Monde Graphite: Canadian company developing one of the largest graphite production projects for lithium-ion batteries. Comparable on battery-grade graphite production targeting North American and European battery supply chains with sustainability positioning.
- Syrah Resources: Australian miner operating one of the world's largest natural graphite mines, supplying battery anode material. Comparable on graphite supply for battery applications, though focused on natural vs. synthetic graphite with similar critical minerals positioning.
Broad incumbents
- LanzaTech: US-based company using gas fermentation to produce low-carbon fuels and chemicals from industrial emissions. Comparable as a broader industrial decarbonization player addressing hard-to-abate sectors with proprietary technology and established commercial partnerships.
- ITM Power: UK-based electrolyzer manufacturer producing green hydrogen via PEM electrolysis. Comparable as a low-carbon hydrogen equipment provider targeting industrial and mobility applications across similar customer segments.
- Nel ASA: Norwegian company providing hydrogen production equipment (electrolyzers) and fueling stations. Comparable as an established low-carbon hydrogen infrastructure provider targeting industrial decarbonization with a broader product portfolio.
- Plug Power: US-based company developing hydrogen fuel cells and green hydrogen production systems for industrial and mobility markets. Comparable as a major low-carbon hydrogen technology company with established customer base and similar industrial/mobility end-market focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hycamite TCD Technologies social profiles
Digital presenceHycamite TCD Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hycamite TCD Technologies leadership team
Management profileNumber of profiles
Profiles4 records
Hycamite TCD Technologies funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hycamite TCD Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hycamite TCD Technologies
What does Hycamite TCD Technologies do?
Hycamite commercializes proprietary Thermo-Catalytic Decomposition (TCD) technology that decomposes methane into low-carbon hydrogen and solid carbon products in an oxygen-free environment with zero CO2 emissions. The company operates Europe's largest methane-splitting plant, the Customer Sample Facility (CSF) in Kokkola, Finland, and sells hydrogen, battery-grade graphite, carbon nanofibers, and onboard maritime hydrogen systems to industrial customers in steel, chemicals, cement, battery, and shipping sectors.
Is Hycamite TCD Technologies a public or private company?
Hycamite TCD Technologies is a private company. It is classified as venture growth investor backed and is currently operating.
When was Hycamite TCD Technologies founded?
Hycamite TCD Technologies was founded in 2020. It employs 51 to 100 people.
Where is Hycamite TCD Technologies based?
Hycamite TCD Technologies is headquartered in Kokkola, Finland, in the Europe region.
How does Hycamite TCD Technologies make money?
Three revenue lines are on record. Low-Carbon Hydrogen Sales are the primary driver. The others are carbon Products Sales and technology Licensing.
Who are Hycamite TCD Technologies's main competitors?
Direct peers on record are Monolith Materials, Hazer Group and C-Zero. Emerging players are Talga Resources, Nouveau Monde Graphite and Syrah Resources. Broad incumbents are LanzaTech, ITM Power, Nel ASA and Plug Power.
Does Hycamite TCD Technologies have an API?
No public API is recorded for Hycamite TCD Technologies.
What industry is Hycamite TCD Technologies in?
Hycamite TCD Technologies's product category is Low-Carbon Hydrogen Production. Its primary akta.pro industry code is EUABABAL, Methane Abatement Projects (Landfill Gas, Manure, Coal Mine Methane, O&G Methane), with a secondary code of EUAAALAJ, Solvent/Sorbent/Catalyst Materials & Capture Equipment Manufacturing (Absorbers, Strippers, Heat Exchangers). Its NAICS code is 32512 and its SIC code is 2810.