HyPoint Overview
- Year Founded
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1995
- Status
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Acquired/Merged
- Employees
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40
- Latest Deal Type
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M&A
- Latest Deal Amount
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$80M
- Investors
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1
HyPoint General Information
Description
Developer of a hydrogen fuel cell system designed to cater to the air transportation and urban air mobility market. The company's turbo air-cooled fuel cell systems offer lighter-weight and simpler designs, decreasing the total cost of ownership of any flying platform, enabling air transport businesses to achieve incredible specific power and energy density, and also increasing the operational time and utilization rate.
Contact Information
Website
www.hypoint.comCorporate Office
- 101 Jefferson Drive
- Menlo Park, CA 94025
- United States
Corporate Office
- 101 Jefferson Drive
- Menlo Park, CA 94025
- United States
HyPoint Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 01-Oct-2022 | $80M | Completed | Generating Revenue | ||
| 7. Early Stage VC | 30-Mar-2022 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 21-Feb-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 16-Dec-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series 1) | 06-Oct-2020 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Nov-2019 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 01-Nov-2019 | $260K | $2.76M | Completed | Generating Revenue | |
| 1. Angel (individual) | 01-Jun-2018 | $2.5M | $2.5M | Completed | Generating Revenue |
HyPoint Comparisons
Industry
Financing
Details
HyPoint Competitors (6)
One of HyPoint’s 6 competitors is ZeroAvia, a Venture Capital-Backed company based in Everett, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ZeroAvia | Venture Capital-Backed | Everett, WA | ||||
| Pipistrel | Corporate Backed or Acquired | Ajdovscina, Slovenia | ||||
| Ampaire | Venture Capital-Backed | Long Beach, CA | ||||
| H2Fly | Corporate Backed or Acquired | Stuttgart, Germany | ||||
| PowerUp Energy Technologies | Venture Capital-Backed | Tallinn, Estonia |
HyPoint Patents
HyPoint Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023204792-A1 | Bipolar plate of fuel cell and method for operating it | Inactive | 18-Apr-2022 | ||
| WO-2023204830-A1 | Bipolar plate of fuel cell and method for operating it | Inactive | 18-Apr-2022 | ||
| WO-2023158425-A1 | Air-cooled fuel cell system and method for operating same | Inactive | 16-Feb-2022 | ||
| US-20240162454-A1 | Air-cooled proton-exchange membrane fuel cell capable of working with compressed gases, and fuel cells stack | Pending | 04-Mar-2021 | ||
| WO-2022186833-A1 | Air-cooled proton-exchange membrane fuel cell capable of working with compressed gases, and fuel cells stack | Inactive | 04-Mar-2021 | H01M8/0267 |
HyPoint Signals
HyPoint Former Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 271.vc | Venture Capital | Minority | ||
| 808 Ventures | Venture Capital | Minority | ||
| Activat | Venture Capital | Minority | ||
| Alchemist Accelerator | Accelerator/Incubator | Minority | ||
| Angel (individual) | Minority |
HyPoint Acquisitions (1)
HyPoint’s most recent deal was a Merger/Acquisition with AT Energy.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| AT Energy | Merger/Acquisition | Coal and Consumable Fuels Equipment |
HyPoint FAQs
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When was HyPoint founded?
HyPoint was founded in 1995.
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Where is HyPoint headquartered?
HyPoint is headquartered in Menlo Park, CA.
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What is the size of HyPoint?
HyPoint has 40 total employees.
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What industry is HyPoint in?
HyPoint’s primary industry is Aerospace and Defense.
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Is HyPoint a private or public company?
HyPoint is a Private company.
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What is the current valuation of HyPoint?
The current valuation of HyPoint is .
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What is HyPoint’s current revenue?
The current revenue for HyPoint is .
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How much funding has HyPoint raised over time?
HyPoint has raised $5.22M.
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Who are HyPoint’s investors?
271.vc, 808 Ventures, Activat, Alchemist Accelerator, and are 5 of 22 investors who have invested in HyPoint.
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Who are HyPoint’s competitors?
ZeroAvia, Pipistrel, Ampaire, H2Fly, and PowerUp Energy Technologies are some of the 6 competitors of HyPoint.
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When was HyPoint acquired?
HyPoint was acquired on 01-Oct-2022.
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Who acquired HyPoint?
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