
About H3X Technologies
H3X Technologies is an Aerospace, Defense & Maritime company based in Saint Louis Park (United States) founded in 2020 by Max Liben. Motor drives for electric aircraft propulsion are developed. H3X Technologies has raised $26.01 million across 6 funding rounds from investors including Lockheed Martin, Hanwha and Infinite Capital. H3X Technologies offers products and services including HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30. Its focus areas include Aerospace, Maritime and Defense Tech, Aerospace Tech, Propulsion Systems and Electric. Its legal entity is H3X Technologies Inc. Its competitors include Whisper Aero, magniX and LaunchPoint; 1 of its 3 listed competitors has raised funding.
Company details
H3X Technologies was founded in 2020 and is based in Saint Louis Park, United States. Integrated motor drives for electric aircraft are produced, featuring electric motors, inverters, copper stator coils, reduced thermal resistance, and SiC power electronics. Retrofitting of existing systems is supported. Applications include long-distance electric vertical take-off-and-landing aircraft, unmanned aerial vehicles, and military jets in the aerospace sector.
- Total Equity Funding$26.01M (USD)
in 6 rounds
- Latest Funding Round$20.33M (USD), Series A
Mar 2024
- InvestorsLockheed Martin
& 17 more
Products & Services of H3X Technologies
H3X Technologies offers a comprehensive portfolio of products and services, including HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30.
33kW motor for aerospace and defense applications
Motor for marine propulsion systems
140kW motor for heavy industry uses
350kW motor for multisector applications
Genset for power generation in various sectors
Funding Insights of H3X Technologies
H3X Technologies has successfully raised a total of $26.01M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $20.33 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $26.01M
- Total Rounds 6
- Last Round Series A β $20.33M
- First Round $3.8M
(Apr 2021)
- Investors Count 18
All 6 funding rounds of H3X Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $20.33M | Series A | β | Infinite Capital | |
| Feb 2023 | $3M | Debt – Conventional | β | β | |
| Jun 2022 | $1.75M | Seed | β | β | β |
| Jun 2021 | $125,000 | Seed | β | Y Combinator | β |
| Jun 2021 | Seed | β | Climate Capital | β | |
| Apr 2021 | $3.8M | Seed | β | Metaplanet |
18 investors in total: 18 institutional.
Investors in H3X Technologies
H3X Technologies has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Lockheed Martin, Hanwha and Infinite Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Crypto and deep tech investments are made by Infinite Capital. | infinite.xyz | |||
Early-stage tech startups are invested in across key sectors. | cubit.capital | Dallas, United States | ||
VC firm investing in the US | originventures.com | Chicago, United States | ||
Venture capital investments are focused on transforming fundamental industries. | industrious.vc | |||
Metaplanet is recognized as an evergreen investment firm focused on deep tech. | metaplanet.com | Tallinn, Estonia | ||
Venture capital fund focused on seed-stage investment in multiple sectors | liquid2.vc | San Francisco, United States | ||
TechNexus is engaged in building venture ecosystems for corporations and startups. | technexus.com | Chicago, United States | ||
Venture capital is invested in climate tech startups and entrepreneurs. | climatecapital.co | San Francisco, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States |
Investor details for H3X Technologies
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People of H3X Technologies
12 people are tracked at H3X Technologies (5 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Max Liben | Co-Founder & CTO | Leadership |
Jason Sylvestre | Chief Executive Officer | Leadership |
Tyler Hanzlik | Chief Of Staff To The CTO | Leadership |
Adam Freedman | Director Of Talent | Leadership |
Eric Maciolek | President | Leadership |
James Swanke | Senior Motor Design Engineer | Team |
Michael Siem | Senior Electronics Engineer | Team |
Ishaan Bhimani | Power Electronics Engineer | Team |
Amy G. | Sr. Executive Assistant To The Founders | Team |
Tristan Hinoul | Senior Mechanical Engineer | Team |
Evan Wildenberg | Senior Motor Control Engineer | Team |
Anna Finkelstein | Test Engineering And Operations Manager | Team |
Complete people profiles for H3X Technologies
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Timeline of H3X Technologies
3 dated milestones of H3X Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded H3X Technologies is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Series A, of $20.3M.
Competitors of H3X Technologies
H3X Technologies has 3 listed competitors in our database, 1 of them funded. They include Whisper Aero, magniX and LaunchPoint.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| whisper.aero | 2020 | Crossville, United States | $39.5M | 53 | Electric aircraft, drones, and propulsion systems are designed and developed. | |
| magnix.aero | 2009 | Everett, United States | Develops electric powertrains and batteries for aircraft, helicopters, and marine applications. | |||
| launchpointeps.com | 1992 | Goleta, United States | Provider of hybrid electric propulsion systems and modeling software |
Detailed competitors of H3X Technologies
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Web traffic of H3X Technologies
The website of H3X Technologies (h3x.tech) receives about 5.2K visits a month.
- Monthly visits5.2K
▼ 11.8% vs previous month
Websites whose visitors overlap most with H3X Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 94% | 1.9B | #18 | View details |
Top companies in Aerospace Tech
3 companies that operate in the same segment as H3X Technologies (Aerospace Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 | ||
Electric VTOL aircraft are developed for passenger and cargo transport. | 2012 | South Burlington, Vermont, United States | USD 1.66 B | USD 35.62 M | 1,335 | |
Autonomous electric eVTOL vehicles are developed for passenger air transport. | 2019 | Mountain View, California, United States | USD 450 M |
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Frequently Asked Questions about H3X Technologies
H3X Technologies was founded in 2020 and raised its 1st funding round 1 year after it was founded.
H3X Technologies is headquartered in Saint Louis Park, United States. It is registered at Saint Louis Park, Minnesota, United States.
H3X Technologies is a funded company, having raised a total of $26.01M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3.8M, raised on Apr 2021.
H3X Technologies was founded in 2020 and is based in Saint Louis Park, United States. Integrated motor drives for electric aircraft are produced, featuring electric motors, inverters, copper stator coils, reduced thermal resistance, and SiC power electronics. Retrofitting of existing systems is supported. Applications include long-distance electric vertical take-off-and-landing aircraft, unmanned aerial vehicles, and military jets in the aerospace sector.
H3X Technologies's top competitors include Whisper Aero, LaunchPoint and magniX.
H3X Technologies offers HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30.
H3X Technologies has 18 investors. Key investors include Lockheed Martin, Hanwha, Infinite Capital, Cubit Capital, and Origin Ventures.
H3X Technologies operates through H3x Technologies Inc.
