What Hexla does

Hexla Limited is a UK-based climate technology investment and deployment company founded in 2019 by Andy Yeow and Peter Behrens, headquartered in Horsham with a 5-person team. The company functions as a deployment partner and capital vehicle for early-stage climate tech startups, with its primary mandate being the global rollout of Levidian Nanosystems' LOOP technology, including the industrial-scale LOOP1000 unit. Its stated target is to deploy up to 300 LOOP1000 units globally, producing carbon-negative hydrogen from biomethane.

Hexla's first commercial deployment is at Worthy Farm in Somerset, positioned as the world's first carbon-negative hydrogen-from-biomethane project. The company's role is operational and financial deployment of third-party hardware rather than in-house R&D or product engineering: it sources, funds, and operates LOOP units in customer sites rather than developing the core methane-cracking technology itself. The business model therefore centers on deployment economics — likely a mix of deployment fees, unit-level revenue share, or equity participation in partner companies — though pricing, contract structure, and revenue mechanics are not disclosed in available data.

Customer segments served to date are anchored in agricultural biomethane producers (Worthy Farm) with stated intent to expand into broader industrial decarbonization use cases globally. Hexla carries single-partner concentration risk on the technology side (Levidian) and single-customer concentration on the deployment side (Worthy Farm) at present.

Name

Hexla

Legal name

Hexla Limited

Website

https://hexla.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Hexla is a UK-based climate tech deployment company that partners with early-stage clean-energy startups to deploy next-generation energy hardware globally. Founded in 2019, it serves as the global rollout partner for Levidian's LOOP carbon-negative hydrogen technology, beginning with Worthy Farm in Somerset.

Ownership category

akta.pro rank

Product category

Climate Technology Deployment

NAICS

Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Industrial Process Furnaces & Ovens (3567)

akta.pro primary industry

Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG)

akta.pro secondary industry

Supplier Engagement & Value-Chain Decarbonization Programs (EUABAKAE)

Keywords

• Clean hydrogen production
• Carbon capture technology
• Climate tech deployment
• Graphene production
• Decarbonisation solutions

Headquarters

HQ city

Horsham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

1. Technology Deployment Services: Providing financial backing, sector expertise, and business acumen to climate tech startups to help bring next-gen technologies to market. Revenue generated through partnership stakes and deployment agreements.
2. Hydrogen Production and Sales: Production of clean hydrogen as fuel alternative or for blending back into gas streams. Hydrogen is used to generate electricity through existing combined heat and power plants.
3. Graphene Sales: Sale of high-quality graphene produced as a by-product of the LOOP process. Graphene is sold as an additive to enhance and decarbonise products including batteries, concrete, and plastics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hexla is a climate technology investment and deployment company that provides funding, sector-specific expertise, and operational support to early-stage climate tech startups to help commercialize next-generation clean energy technologies. Its primary commercial activity is serving as the global deployment partner for Levidian's LOOP technology — a pre-combustion decarbonisation system that produces clean hydrogen and high-quality graphene from methane or biomethane — with plans to deploy up to 300 industrial-scale LOOP1000 units worldwide.

Product overview

Hexla is a climate tech investment and deployment company that supports early-stage businesses to bring next-generation energy technology to market. The company's primary offering involves deploying Levidian's LOOP technology system, which serves as a decarbonisation, hydrogen production, and graphene generation platform. The LOOP technology captures carbon from methane gas to produce clean hydrogen and high-quality graphene. Hexla is developing the industrial-scale LOOP1000 unit and serves as a global deployment partner, with the Worthy Farm project in Somerset demonstrating the world's first carbon negative hydrogen production from biomethane.

Differentiator

Problem solved

Functional benefit

Products and services

• LOOP Technology System A pioneering pre-combustion decarbonisation system that captures carbon from methane gas and converts it into clean hydrogen and high-quality graphene. Deployed by Hexla as part of its role as global deployment partner for Levidian Nanosystems.
• LOOP1000 Industrial-Scale Unit Industrial-scale version of LOOP technology designed to deliver the lowest cost clean hydrogen globally through co-production of high-quality graphene. Targeted at decarbonisation of hard-to-abate industries, with plans to deploy up to 300 units worldwide.
• Clean Hydrogen Clean hydrogen produced as a fuel alternative or for blending back into gas streams, generated through the LOOP decarbonisation process from biomethane or methane gas.
• High-Quality Graphene High-quality graphene produced as a by-product of the LOOP process, sold as an additive to enhance and decarbonise products including batteries, concrete, and plastics.

Quantifiable outcome

• Up to 25 tonnes of CO2 equivalent saved per year at Worthy Farm installation
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• Levidian Nanosystems LimitedcoreStrategic or Co-development Partner · 10 June 2024Hexla and Levidian have a Collaboration Agreement under which Hexla becomes a global deployment partner for LOOP technology. Hexla is providing funding to support development of industrial-scale LOOP1000 units and has agreed to deploy up to 300 units globally. The partnership aims to drive down emissions by hundreds of thousands of tonnes of CO2e per year through carbon negative hydrogen production.
• Worthy FarmflagshipStrategic or Co-development PartnerHexla's first major project at Worthy Farm in Somerset brings together biogas-to-biomethane technology with Levidian's LOOP system in a pioneering combination to produce the world's first carbon negative hydrogen from biomethane. Worthy Farm is home to Glastonbury Festival and operates an anaerobic digestion plant processing tens of thousands of tonnes of agricultural waste.

Scale indicators4 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• Haydale Graphene Industries: Haydale produces functionalised graphene and nano materials for industrial applications including composites, coatings, and energy storage. Like First Graphene, Haydale is comparable to the graphene by-product revenue stream that anchors part of Hexla's economic thesis.
• ITM Power: ITM Power is a UK-based electrolyser and green hydrogen producer focused on industrial-scale clean hydrogen deployment. Although it uses electrolysis rather than methane decarbonisation, ITM is a directly comparable UK-headquartered, publicly-listed clean hydrogen company targeting industrial offtakers and is a benchmark for Hexla's industrial hydrogen ambitions.
• Nel ASA: Nel ASA manufactures hydrogen production equipment (electrolyser stacks and filling infrastructure) and supplies hydrogen projects globally. As an equipment-focused hydrogen player with industrial deployment ambitions, Nel is comparable to Hexla on the technology-deployment side of the hydrogen value chain.
• Levidian Nanosystems: Levidian is the developer of LOOP technology and Hexla's core strategic partner under the June 2024 Collaboration Agreement. While Levidian is the technology originator and Hexla the deployment partner, both are directly tied to the same LOOP platform, serving industrial customers seeking hydrogen and graphene, making them inherently linked peers in the value chain.
• First Graphene: First Graphene is a commercial-scale graphene producer selling into batteries, concrete, and industrial applications. As a direct producer of the same high-volume graphene by-product that Hexla's LOOP process generates, First Graphene is a peer on the materials-revenue side of Hexla's business model.
• LanzaTech: LanzaTech uses gas fermentation to convert carbon-rich gases (including methane and industrial off-gases) into fuels and chemicals, capturing carbon while producing valuable products. Like Hexla's LOOP approach, LanzaTech turns problematic carbon streams into marketable outputs and targets hard-to-abate industries, making it one of the closest technology and business model analogues.

Broad incumbents

• Climeworks: Climeworks is a leading direct air carbon capture company serving corporate decarbonisation customers at scale. While Climeworks captures CO2 from ambient air rather than from methane streams, both companies compete for the same corporate net-zero budgets, ESG-driven partnerships, and carbon-reduction project finance.
• Carbon Clean Solutions: Carbon Clean Solutions provides industrial carbon capture technology (point-source CO2 capture) for hard-to-abate sectors. It overlaps with Hexla on the carbon capture-for-industrial-decarbonisation proposition, though Carbon Clean's approach captures CO2 post-combustion rather than Hexla's pre-combustion methane decarbonisation route.

Others

• C-Quest Capital: C-Quest Capital is a carbon finance and project developer focused on deploying carbon-reducing technologies in hard-to-abate and agricultural sectors globally. While C-Quest operates on the financing side rather than as a technology producer, it is comparable to Hexla in its role as a climate technology deployment and project finance partner for emerging decarbonisation solutions.

Emerging players

• Charm Industrial: Charm Industrial converts agricultural biomass and waste into bio-oil for permanent carbon storage, offering another negative-emissions pathway. Like Hexla, Charm targets agricultural waste streams and sells verifiable carbon removal as a service, positioning both as emerging players in the carbon-negative technology space.

Market position

Strengths1 record

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/hexla

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hexla