About H2FLY
H2FLY is a company based in Stuttgart (Germany) founded in 2014 was acquired by Joby Aviation in June 2022. It operates as a Green Energy-as-a-Service. H2FLY offers products and services including Hydrogen-Electric Powertrain. H2FLY operates in a competitive market with competitors including Ehang, Joby Aviation, Volocopter, Wisk and Archer, among others.
- Headquarter Stuttgart, Germany
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name H2fly Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$223.64 K (USD), Grant
May 01, 2017
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Investors
Joby Aviation
& 1 more
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Employee Count
Employee Count
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Acquired by
Joby Aviation
(Jun 10, 2022)
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Products & Services of H2FLY
H2FLY offers a comprehensive portfolio of products and services, including Hydrogen-Electric Powertrain. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A zero-emission powertrain is developed for aviation use.
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Funding Insights of H2FLY
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $223,642
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First Round
First Round
(05 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Grant - H2FLY | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - H2FLY | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in H2FLY
H2FLY has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Joby Aviation and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Joby Aviation is focused on electric aerial ridesharing solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by H2FLY
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - H2FLY
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
H2fly Comparisons
Competitors of H2FLY
H2FLY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ehang, Joby Aviation, Volocopter, Wisk and Archer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Autonomous aerial vehicles are provided for consumer and commercial uses.
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| domain | founded_year | HQ Location |
Joby Aviation is focused on electric aerial ridesharing solutions.
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| domain | founded_year | HQ Location |
Electric copters for urban mobility are manufactured and developed.
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| domain | founded_year | HQ Location |
Autonomous electric eVTOL vehicles are developed for passenger air transport.
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| domain | founded_year | HQ Location |
Electric vertical takeoff and landing aircraft are developed.
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| domain | founded_year | HQ Location |
Airborne systems for flight autonomy are developed using AI.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on H2fly
Frequently Asked Questions about H2FLY
When was H2FLY founded?
H2FLY was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is H2FLY located?
H2FLY is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Who is the current CEO of H2FLY?
Thomas Stephan is the current CEO of H2FLY.
What does H2FLY do?
Hydrogen-powered zero-emission aviation technologies are pioneered by H2FLY. Focus is placed on sustainable air travel through the development of commercial hydrogen-electric powertrain systems. Solutions are designed for the aviation sector to decarbonize operations using green hydrogen. Research and testing over a decade have resulted in the HY4 demonstrator aircraft. Increased range capabilities are enabled to support new regional air mobility connections.
Who are the top competitors of H2FLY?
H2FLY's top competitors include Ehang, Volocopter and Wisk.
What products or services does H2FLY offer?
H2FLY offers Hydrogen-Electric Powertrain.
Who are H2FLY's investors?
H2FLY has 2 investors. Key investors include Joby Aviation, and European Union.
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