Other biotech · Sydney, Australia

HydGene Renewables

Engineered microbes that turn waste biomass into green hydrogen · hydgene.com ↗

Macquarie University spin-out using engineered microbes to make hydrogen from farm waste such as wheat straw. A non-food holding.

Stage

Pilot (step 2 of 6)

A fully commissioned pilot plant produced high-purity hydrogen from wheat straw continuously (Mar 2026). Selected for the Greentown Go Make 2026 programme with Shell Catalysts & Technologies and Technip Energies.^{[1] [2]}

Revenue

Pre-revenue

Pilot and demonstration stage. Funded by equity and grants.^[1]

Next First-of-a-kind demonstration and industrial partnerships.

Agronomics' holding

Fair value: £1.30m 30 Jun 2026
Portfolio weight: 1% 30 Jun 2026
Stake: 7.4% 30 Jun 2026
Invested: £1.33m since Jun 2023
Multiple: 0.98× −£24k
Per year: −0.6% all holdings
Last round: Seed 15 Jun 2023 · 3.3 years ago

Sources^[3]

Investments

What Agronomics put in, at the sterling cost it carries
Date	Cost	Round
15 Jun 2023	£1.33m	A$2.5m Seed^{[4] [3]}

Approvals & markets

No approvals reported.

HQ: Australia
Selling in: —

Timeline

4 Jun 2026Corporate

Selected for Greentown Go Make 2026^[2]

One of five companies picked from 148 applicants in 35 countries, for an industrial-decarbonisation programme with Shell Catalysts & Technologies and Technip Energies.
Mar 2026Facility

Continuous hydrogen production at pilot plant^[1]

High-purity hydrogen produced from wheat straw.

Sources

HydGene technology produces hydrogen from biomass waste (case study) Clean Energy Finance Corporation · Mar 2026
HydGene selected for Greentown Go Make 2026 Agronomics Limited (RNS) · 4 Jun 2026
Q2 2026 Investor Report (portfolio at 30 June 2026) Agronomics Limited · 21 Aug 2026
AUD 2.5 million investment in HydGene Renewables Agronomics Limited (RNS) · 15 Jun 2023