/Companies

HMT

Trondheim, NO · Founded 2017 · 15 employees on LinkedIn · 8 known investors

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Hydrogen Mem-Tech designs and produces compact palladium membrane technology that extracts clean hydrogen from natural gas, biogas, and ammonia for industrial clients worldwide. Founded in Trondheim, Norway, the company focuses on ammonia production, marine applications, and biogas-to-hydrogen segments.

Also known as Hydrogen Mem-Tech AS

Investors · 8

Company profile

researched Aug 2026

Hydrogen Mem-Tech is a Norwegian hydrogen technology company founded in 2017 and based in Trondheim, Trøndelag. It develops palladium membrane technology for hydrogen purification and applies it in combination with ammonia cracking, positioning its solutions as enablers of the use of pure hydrogen in clean energy and industrial settings. The company is categorised under renewable energy and semiconductor/electronic component manufacturing (NAICS 33441) and employs roughly 15 people, in the 11-50 range.

Its activity in 2025-2026 included a leadership transition and commercial validation work in Europe. Hanne Martinussen, previously Chief Operating Officer, was appointed Chief Executive Officer in March 2025, and Reinertsen joined the board at the same time to support continuity in company development and further financing efforts. In May 2026 the company completed a pilot project with WS Reformer GmbH in Germany that demonstrated ammonia cracking followed by hydrogen purification using its palladium membranes, and it exhibited at the World Hydrogen Summit & Exhibition in mid-May 2026.

Business model

Hydrogen Mem-Tech supplies palladium membrane-based hydrogen purification technology and integrated solutions, including ammonia cracking combined with purification, to industrial and energy customers, with commercial validation carried out through pilot projects with partners such as WS Reformer GmbH.

Traction

Reported total funding of $17M across three rounds, the most recent announced on 22 October 2024; approximately 15 employees as of July 2026; estimated annual revenue below $1M; a completed pilot project with WS Reformer GmbH in Germany in May 2026.

Latest developments

In March 2025 Hanne Martinussen, formerly Chief Operating Officer, became CEO and Reinertsen joined the board to support development and financing. In April 2025 the company was ranked number 10 on Great Place to Work's list of Norwegian companies with 10 to 49 employees. In May 2026 it completed a pilot project with WS Reformer GmbH in Germany combining ammonia cracking with palladium membrane hydrogen purification, and exhibited at the World Hydrogen Summit & Exhibition.

▸Full profile — market position, technology, go-to-market, geography

Market position

A small Norwegian scaleup in hydrogen purification, listed alongside membrane and filtration suppliers such as Pall Corporation, DuPont Water Solutions and Koch Membrane Systems; annual revenue is estimated at under $1M as of July 2026.

Technology

The core technology is palladium membrane separation used to purify hydrogen, deployed together with ammonia cracking so that ammonia can be converted and the resulting hydrogen purified in an integrated process. A pilot with WS Reformer in Germany demonstrated ammonia cracking followed by this membrane-based purification step.

Go-to-market

European organisations and industrial companies seeking hydrogen processing and purification capability for clean energy and industrial applications, including those pursuing decarbonisation via green ammonia cracking and pure hydrogen supply.

Geography

Headquartered in Trondheim, Trøndelag, Norway, with commercial and pilot activity in Europe, including a pilot project in Germany with WS Reformer GmbH and participation in European hydrogen industry events.

Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual revenue (estimated)Jul 2026<$1M
EmployeesJul 202615 people
Great Place to Work Norway ranking (companies with 10-49 employees)Apr 202510
Total funding raisedJul 2026$17M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
May 2026
Exhibited at World Hydrogen Summit & Exhibition

The company attended and exhibited at the World Hydrogen Summit & Exhibition following activity across Europe.

source ↗

May 2026
Pilot project completed with WS Reformer GmbH in Germany

Hydrogen Mem-Tech completed a pilot project with WS Reformer in Germany demonstrating ammonia cracking followed by hydrogen purification using the company's palladium membrane technology.

source ↗

Apr 2025
Ranked number 10 on Great Place to Work list of Norwegian companies

Hydrogen Mem-Tech was ranked number 10 on Great Place to Work's list of Norwegian companies with 10 to 49 employees, improving on the prior year's position.

source ↗

Mar 2025
Hanne Martinussen appointed CEO

Hanne Martinussen, previously Chief Operating Officer, was appointed Chief Executive Officer of Hydrogen Mem-Tech.

source ↗

Mar 2025
Reinertsen joins board of directors

Reinertsen joined the board of Hydrogen Mem-Tech to ensure continuity in the company's development and support further financing efforts.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does HMT do?
Norwegian hydrogen technology company using palladium membranes for hydrogen purification and ammonia cracking.
Who are HMT's investors?
HMT's investors include Peak Sustainability Ventures, Yara Growth Ventures, AP Ventures, Aramco Ventures, European Investment Fund, Saudi Aramco Energy Ventures, Shell Ventures, Applied Ventures.
Where is HMT headquartered?
HMT is headquartered in Trondheim, NO.