About Hydra Energy
Hydra Energy is a company based in Delta (Canada) founded in 2012 by Badr Abduljawad and Simon Pickup.. Hydra Energy has raised $12.41 million across 1 funding round from investors including Just Business. Hydra Energy offers products and services including Hydrogen-as-a-Service and Co-combustion Trucks. Hydra Energy operates in a competitive market with competitors including GLOBOCAM, Trailer Wizards, First Truck Centre, TEAM Truck Centres and Mabo, among others.
- Headquarter Delta, Canada
- Founders Badr Abduljawad, Simon Pickup
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.41 M (USD)
in 1 rounds
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Latest Funding Round
$12.41 M (USD), Series A
May 27, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Hydra Energy
Hydra Energy offers a comprehensive portfolio of products and services, including Hydrogen-as-a-Service and Co-combustion Trucks. 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.
Provides hydrogen supply for trucks to enable low-emission operations.
Offers trucks using hydrogen-diesel for reduced CO2 and NOx emissions.
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Funding Insights of Hydra Energy
Hydra Energy has successfully raised a total of $12.41M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.41 million completed in May 2021. 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 1
- Last Round Series A — $12.4M
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First Round
First Round
(27 May 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Series A - Hydra Energy | Valuation | Just Business |
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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 Hydra Energy
Hydra Energy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Just Business. 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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Investment in socially impactful ventures is facilitated by Just Business.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Hydra Energy
| 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 - Hydra Energy
| 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 |
Hydra Energy Comparisons
Competitors of Hydra Energy
Hydra Energy 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 GLOBOCAM, Trailer Wizards, First Truck Centre, TEAM Truck Centres and Mabo, 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 |
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| domain | founded_year | HQ Location |
Provides sales, service, and financing for heavy trucks including Freightliner and Western Star.
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Commercial trailer rental, leasing, and dealership services are offered.
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Provider of truck and bus dealership for new and used trucks and buses, body repair, parts and service
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Retailer & dealership of heavy-duty commercial trucks
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| domain | founded_year | HQ Location |
Dealer of trucks and offers parts and services
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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 Hydra Energy
Frequently Asked Questions about Hydra Energy
When was Hydra Energy founded?
Hydra Energy was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Hydra Energy located?
Hydra Energy is headquartered in Delta, Canada. It is registered at Delta, British Columbia, Canada.
Who is the current CEO of Hydra Energy?
Jessica Verhagen is the current CEO of Hydra Energy.
Is Hydra Energy a funded company?
Hydra Energy is a funded company, having raised a total of $12.41M across 1 funding round to date. The company's 1st funding round was a Series A of $12.41M, raised on May 27, 2021.
What does Hydra Energy do?
Hydra Energy was founded in 2012 in Delta, Canada, where operations focus on the retail of commercial trucks powered by hydrogen-diesel technology. The sector involves sustainable transport solutions, with services centered on supplying these vehicles to industrial and logistics clients. Leadership is held by CEO Jessica Verhagen, alongside co-founders Badr Abduljawad and Simon Pickup, ensuring structured management in the Canadian market.
Who are the top competitors of Hydra Energy?
Hydra Energy's top competitors include Trailer Wizards, TEAM Truck Centres and Transolutions Truck Centres.
What products or services does Hydra Energy offer?
Hydra Energy offers Hydrogen-as-a-Service and Co-combustion Trucks.
Who are Hydra Energy's investors?
Hydra Energy has 1 investor. Key investors include Just Business.
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