About H3X Technologies
H3X Technologies is a company based in Saint Louis Park (United States) founded in 2020 by Max Liben.. 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. H3X Technologies operates in a competitive market with competitors including Whisper Aero, Greenjets, Kite Magnetics, Nautical Wings Aerospace and Dovetail Electric Aviation, among others.
- Headquarter Saint Louis Park, United States
- Founders Max Liben
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Sectors
Aerospace, 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 H3x Technologies Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.01 M (USD)
in 6 rounds
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Latest Funding Round
$20.33 M (USD), Series A
Mar 04, 2024
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Investors
Lockheed Martin
& 17 more
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Employee Count
Employee Count
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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. 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.
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
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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 Total Funding
- Total Rounds 6
- Last Round Series A — $20.3M
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First Round
First Round
(14 Apr 2021)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series A - H3X Technologies | Valuation | Infinite Capital | |
| Feb, 2023 | Amount | Debt – Conventional - H3X Technologies | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - H3X Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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Crypto and deep tech investments are made by Infinite Capital.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in across key sectors.
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Founded Year | Domain | Location | |
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VC firm investing in the US
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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 H3X Technologies
| 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 - H3X Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
H3x Technologies Comparisons
Competitors of H3X Technologies
H3X Technologies 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 Whisper Aero, Greenjets, Kite Magnetics, Nautical Wings Aerospace and Dovetail Electric Aviation, 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 |
Electric aircraft, drones, and propulsion systems are designed and developed.
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| domain | founded_year | HQ Location |
Quiet, safe electric propulsion systems for aircraft are developed.
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| domain | founded_year | HQ Location |
Electric propulsion systems for aircraft are designed and manufactured.
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| domain | founded_year | HQ Location |
Provider of design and manufacturing solutions for advanced propulsion systems
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| domain | founded_year | HQ Location |
Manufacturer of electric propulsion engines
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 H3x Technologies
Frequently Asked Questions about H3X Technologies
When was H3X Technologies founded?
H3X Technologies was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is H3X Technologies located?
H3X Technologies is headquartered in Saint Louis Park, United States. It is registered at Saint Louis Park, Minnesota, United States.
Is H3X Technologies a funded company?
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 $1.75M, raised on Apr 14, 2021.
What does H3X Technologies do?
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.
Who are the top competitors of H3X Technologies?
H3X Technologies's top competitors include Whisper Aero, Kite Magnetics and Greenjets.
What products or services does H3X Technologies offer?
H3X Technologies offers HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30.
Who are H3X Technologies's investors?
H3X Technologies has 18 investors. Key investors include Lockheed Martin, Hanwha, Infinite Capital, Cubit Capital, and Origin Ventures.
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