HYCAP Group
North Bailey House, 12 New Inn Hall Street, Oxford, England, OX1 2RP, United Kingdom
Overview
HYCAP is a private equity fund investing in the energy transition and hydrogen economy for a sustainable future.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Automotive
- Manufacturing
Investment portfolio
- Liquid Wind
Led · Series C · Nov 2024
Liquid Wind is a Gothenburg-headquartered developer of eFuel production plants designed to supply carbon-neutral eMethanol to shipping, aviation and chemical customers. Its facilities pair renewable-powered electrolysis with captured biogenic CO₂ to create eMethanol, enabling significant CO₂ emission reductions; the planned Örnsköldsvik plant will combine 150,000 tons of CO₂ with green hydrogen to deliver 100,000 tons of eMethanol and avoid 200,000 tons of CO₂e annually. The company counts roughly 70 employees and is working toward a pipeline of 10 projects by 2027 across Sweden, Denmark and Finland. Liquid Wind’s investor base includes industrial and strategic backers such as Alfa Laval, Carbon Clean, Elyse Energy, HYCAP, Samsung Ventures, Siemens Energy, Topsoe and Uniper. The firm integrates its eFuel plants with existing bio-powered combined heat and power (CHP) stations to maximize efficiency and circularity. Recent non-dilutive financing, including a €3.6 million grant from the Swedish Energy Agency, is helping fund pre-engineering of its first full-scale facility. This support underscores the company’s alignment with national and EU green-transition programs and strengthens its appeal to future commercial investors and offtakers.
- Zeti
Led · Series A · Jul 2024
Zeti provides fintech solutions to accelerate clean transport adoption through a patent-pending digital platform and its 'Zeti Hub'. The platform enables flexible financing for low- and zero-emission vehicles and supporting infrastructure for businesses and individuals. Zeti aims to deliver a fully financed and integrated Transport as a Service (TaaS) offering. The company reports over 4,500 vehicles on its Zeti Hub, with growing demand from institutional lenders, fleet operators, and vehicle manufacturers and suppliers. Led by CEO and Founder Dan Saunders, Zeti plans to use new funding to enhance and accelerate distribution of its digital platform. The company recently completed a Series A raise to support that expansion. Zeti provides financial services technology to manage consumption-based EV and infrastructure financing. It operates a marketplace for institutional financiers to deploy capital into clean, connected vehicle fleets through a pay-per-mile (or km or kWh) model. Zeti's digital platform, ZERO, manages automated payments and delivers real-time financial and sustainability reporting for financiers and fleet operators. The company intends to use the funds to accelerate growth, expand operations and broaden its business reach. Zeti received an investment from Toyota Ventures through its Climate Fund; the amount was not disclosed. The company is led by CEO Dan Saunders and is based in London, UK and Santa Monica, CA.
Team
Scott Lanphere
Chief Investment Officer
LinkedIn