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HYCCO opens its capital to the public for the second time to accelerate the industrialization of its hydrogen-electric propulsion systems
Toulouse-based deep tech company HYCCO, specialized in the design of ultra-lightweight carbon fiber bipolar plates for high-performance fuel cells, announces the launch of its second round of fundraising, notably through the Wiseed crowdfunding platform. The goal is to raise €1 million by the end of June 2026 to support a key phase in its industrial and commercial development.
A company entering a phase of production and commercialization
Founded in 2019, HYCCO is no longer at the experimental stage. Its technology is now validated and adopted by leading industrial players such as Safran, Airbus, and Air Liquide, with whom the company has been collaborating for several years.
HYCCO develops a critical component of hydrogen-electric propulsion systems: bipolar plates. These components account for up to 75% of the weight and 30% of the cost of a fuel cell stack. By reinventing them using carbon fiber composites and high-performance polymers, HYCCO enables record power densities, which are essential for applications where weight, durability, and performance are critical.
Today, HYCCO’s technology is entering a phase of recurring production and market deployment, particularly in the fields of long-endurance drones.
How the funds will be used in concrete terms
Unlike fundraising rounds aimed at financing upstream R&D, this campaign targets operational and measurable objectives.
The funds raised will notably enable HYCCO to:
- Bring to market a first hydrogen-electric propulsion system for drones, co-developed with H3 Dynamics, with commercialization planned for the second half of 2026 and several pre-orders already recorded.
- Double HYCCO’s current production capacity to absorb increasing demand from the drone market and ongoing industrial projects.
- Strengthen the commercial team, to support OEMs and system integrators in adopting HYCCO’s materials and securing their integration into next-generation fuel cell stacks.
Accelerate ongoing developments with major industrial players in heavy mobility and aerospace (Hyundai, Air Liquide, etc.), anchoring HYCCO’s technology sustainably within their supply chains.
A second opening of capital, in a logic of continuity
After a first public opening of its capital in 2019, HYCCO is once again opening its shareholding at a pivotal moment: a time when the technology has been validated, initial markets are being addressed, and scaling needs are clearly identified.
“This fundraising round is not about proving that our technology works. It is about producing more, delivering more, and supporting the industrial adoption of hydrogen-electric propulsion systems. Opening our capital to the public today allows everyone to take part in a very concrete phase of industrial deployment,”
says Romain Di Costanzo, CEO and co-founder of HYCCO.
Strategic markets already engaged
HYCCO is deploying its technology through a progressive and structured roadmap, focusing first on markets where performance is decisive:
- Long-endurance drones & defense, initial market from 2026
- Aerospace, through co-development programs with major industry players
- Heavy mobility, in the medium term, as infrastructure continues to develop
- Adjacent electrochemical applications (electrolyzers, stationary energy storage), in the longer term
Practical information
Wiseed campaign open until the end of March 2026
Target: €650,000
This fundraising will be backed by investments from Business Angels and Family Office to finance the €1 million sought.
For more information and to participate, visit: https://www.wiseed.com/projet/121588280
About HYCCO
Founded in 2019 in Toulouse, HYCCO is an industrial deeptech company that develops and industrializes carbon fiber components for high-performance fuel cells. By making hydrogen-electric propulsion systems lighter, more durable, and industrially scalable, HYCCO contributes to European reindustrialization and the decarbonization of applications where existing alternatives fall short.


