HyPoint

company

About

HyPoint is a provider of a hydrogen fuel cell system for air transportation market.

  • 11 - 50

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$320K
Industries
Aerospace,Air Transportation,Clean Energy,Electric Vehicle,Fuel Cell
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

HyPoint is pioneering zero-emission aviation, aeronautics, and urban air mobility. The company's NASA award-winning hydrogen fuel cell system features an innovative air-cooling and oxygen supply system to offer aircraft makers unprecedented energy performance. The system currently achieves at least 2,000 watts per kilogram of specific power — more than triple the power-to-weight ratio of traditional (liquid-cooled) hydrogen fuel cells systems — and up to 1,500 watt-hours per kilogram of energy density, enabling longer-distance journeys. HyPoint’s lightweight, climate-independent, extended-lifespan system dramatically increases operational time and utilization rate while decreasing total cost of ownership by as much as 50% relative to turbine-powered rotorcraft. The company was founded in Silicon Valley in 2019 and is backed by leading venture capital firms and individual investors. To learn more, please visit hypoint.com.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$320K
HyPoint has raised a total of $320K in funding over 2 rounds. Their latest funding was raised on Mar 4, 2022 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 4, 2022 Convertable Note 1 Detail
Nov 5, 2019 Pre-seed $320K 1 Alchemist Accelerator Detail

Investors

Number of Lead Investors
Number of Investors
1
2
HyPoint is funded by 2 investors. Alchemist Accelerator and Waarde Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Alchemist Accelerator Yes Pre-seed
Waarde Capital Convertable Note