HyPoint is a Clean Energy startup based in the United States that is revolutionizing air transport with its next-generation hydrogen fuel cell system. The company's slogan, "HyPoint, Inc. is developing the next generation hydrogen fuel cell system for air transport," encapsulates its mission. According to their description, their innovative system boasts zero CO2 emissions and significantly improved energy performance, promising a 5X increase in operational time and a 10X rise in utilization rate while slashing the total cost of ownership of any flying platform by an impressive 90%. Since its establishment in 2018, HyPoint has been making waves in the sustainable aviation space. In terms of investments, HyPoint recently secured a Convertible Note investment in April 4, 2022 from Waarde Capital, highlighting the interest that the startup has garnered from prominent investors. With this recent support, it is clear that the market sees significant potential in HyPoint's innovative technology and its potential to revolutionize the air transportation and urban air mobility market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | Unknown | 1 | 04 Mar 2022 | |
Series A | $250.00K | 1 | Newchip Accelerator | 07 Feb 2022 |
Seed Round | Unknown | 1 | 12 Jan 2022 | |
Seed Round | Unknown | 2 | 01 Mar 2021 | |
Pre Seed Round | $350.00K | 3 | Jordan Levy | 22 Dec 2020 |
No recent news or press coverage available for HyPoint.