Hyliion: Hyliion, headquartered in Austin, Texas, with research and development in Cincinnati, Ohio, is creating innovative generator solutions that enable clean, flexible, and affordable electricity production. Founded in 2015, the company is committed to providing distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Hyliion's primary focus is on targeting the commercial and waste management industries with their KARNO generator, a fuel-agnostic solution utilizing additive manufacturing and leveraging a linear heat generator architecture. This solution offers prime power as well as energy arbitrage opportunities. In addition to stationary power, Hyliion aims to address mobile applications such as vehicles and marine. The company is backed by a $325.00M post-IPO equity investment as of 28 September 2020, with the following investors: Colle Capital, Axioma Ventures, New Era Capital Partners, Sumitomo Corporation of America, Dana TM4, FJ Capital Management, Sensata Technologies. Hyliion's vision is to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com. With its innovative approach, Hyliion is setting a strong foundation in the Transportation and Clean Energy industries, positioning itself as a promising player in the evolving energy landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $325.00M | 7 | Sumitomo Corporation of America, Sensata Technologies +1 | 28 Sep 2020 |
Series B | Unknown | 1 | 14 Jan 2020 | |
Convertible Note | Unknown | 1 | 01 Dec 2019 | |
Debt Financing | $6.00M | - | 15 Feb 2019 | |
Series A | $21.00M | 3 | 20 Sep 2017 |
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