HyPoint is a provider of a hydrogen fuel cell system for air transportation market.
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.
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 |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Alchemist Accelerator | Yes | Pre-seed |
Waarde Capital | — | Convertable Note |