Hypercraft

Provo, United States Founded: 2020 • Age: 6 yrs
Manufacturer of electric vehicle drive systems to convert gasoline vehicles to hybrid vehicles

About Hypercraft

Hypercraft is a company based in Provo (United States) founded in 2020. Hypercraft has raised $32.5 million across 2 funding rounds from investors including RevRoad Capital, Stalwart Ventures and Strategic Development Fund. Hypercraft has completed 1 acquisition, including Stealth EV. Hypercraft offers products and services including Powertrains and Batteries. Hypercraft operates in a competitive market with competitors including Green Light Labs, Ampere EV, Legacy EV, Blue Dot Motorworks and Advanced Electric Vehicles, among others.

Key Metrics
  • Total Equity Funding
    $32.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $26M (USD), Series A

    Jun 2025

  • Investors
  • Investments & Acquisitions

Products & Services of Hypercraft

Hypercraft offers a comprehensive portfolio of products and services, including Powertrains and Batteries.

Powertrains
Powertrain Systems

Advanced systems for vehicles to improve efficiency and performance.

Batteries
Energy Storage

High-performance batteries designed for electric vehicle applications.

Apps and channels of Hypercraft

its YouTube channel Hypercraft has 825 subscribers and 30 videos.

Hypercraft
YouTube 825 subscribers 30 videos Autos & Vehicles
Open channel

Videos from Hypercraft

The most watched videos on Hypercraft's YouTube channel, Hypercraft (825 subscribers). Click a video to play it here.

CHECK OUT Dave Kindig's ALL ELECTRIC eCF1 #electromod Corvette, POWERED BY HYPERCRAFT
54K views
SIERRA R-spec with Hypercraft R300S Powertrain
6K views
KING OF THE HAMMERS - EV Spec Class - Test Crawler Powertrain Prototype
5.6K views
Hypercraft - The future is electric.
1.9K views

More on Hypercraft.

Funding Insights of Hypercraft

Hypercraft has successfully raised a total of $32.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $26 million completed in June 2025. 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 $32.5M
  • Total Rounds 2
  • Last Round Series A β€” $26M
  • First Round $6.5M

    (Nov 2022)

  • Investors Count 3

All 2 funding rounds of Hypercraft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2025$26MSeries A–Stalwart Ventures
Nov 2022$6.5MSeed–RevRoad Capital
–
Valuation history

3 investors in total: 3 institutional.

Investors in Hypercraft

Hypercraft has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include RevRoad Capital, Stalwart Ventures and Strategic Development Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–revroadcapital.com-
Strategic Development Fund is focused on investment in UAE sectors.
–sdf.aeAbu Dhabi, United Arab Emirates
-
–stalwartventures.com-
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Investor details for Hypercraft

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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  • Co-investor network

Verified entity values are shown only after access is granted.

People of Hypercraft

11 people are tracked at Hypercraft (7 in leadership, 4 in team).

NameRoleGroup
Jake Hawksworth
CEOLeadership
Chris Mitton
Chief Financial OfficerLeadership
Ryan Oaks
Director Of OperationsLeadership
Connor Tuckett
VP Of Product & EngineeringLeadership
Brooklyn Stepan
Director Of People OperationsLeadership
Chelsea Brimhall
Director Of Strategic Partnerships & CommunicationsLeadership
Ethan Fickling
Product Director, Motor, Drivetrain And Thermal SystemsLeadership
Kory Negrich
Product Design ManagerTeam
Tyler Posey
Senior Systems Engineer Team LeadTeam
Kalyn Cheney
Product ManagerTeam
Shanna Klocker
Ops CoordinatorTeam
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Complete people profiles for Hypercraft

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Investments & Acquisitions by Hypercraft

Hypercraft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stealth EV.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer and seller of electric vehicle components
stealthev.comOceanside, United States2014Jun 2022β€’β€’β€’β€’
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Complete acquisition details for Hypercraft

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Hypercraft

4 dated milestones of Hypercraft across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hypercraft is founded.
  2. Acquisition Acquires Stealth EV.
  3. Funding First funding round of $6.5M.
  4. Funding Latest funding round, Series A, of $26.0M.

Competitors of Hypercraft

Hypercraft 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 Green Light Labs, Ampere EV, Legacy EV, Blue Dot Motorworks and Advanced Electric Vehicles, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
greenlight-labs.com2017San Jose, United States$100,000–
Platform aims to convince users to switch to electric vehicles
ampereev.com2020Atlanta, United States––
Develops electric powertrain systems for vehicle production and conversions.
legacyev.com2013Phoenix, United States$5.87M–
Developer of electric vehicle conversion kits and components
bluedotmotorworks.com2021Seattle, United States––
Provider of electric conversion solutions for multiple categories of vehicles
advanced-ev.com2010Gainesville, United States––
Manufactures high-quality conversion kits to transform gasoline vehicles into hybrids.
atlantaelectriccarcompany.com2021Atlanta, United States––
Specializes in converting vintage cars to electric vehicles for modern use.
ev-propulsion.com1975Sayville, United States––
Provides comprehensive solutions for car electrification products and services.
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Detailed competitors of Hypercraft

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Hypercraft

The website of Hypercraft (hypercraftusa.com) receives about 5.2K visits a month.

  • Monthly visits
    5.2K

    ▼ 5.9% vs previous month

Latest news on Hypercraft

Hypercraft Secures $6.5M in Seed Funding
Aiexpress β€’ 3 years ago
Hypercraft Secures $6.5M in Seed Funding
Finsmes β€’ 3 years ago
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Complete news archive for Hypercraft

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Hypercraft

10 companies that operate in the same segment as Hypercraft (Electric & Green Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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Frequently Asked Questions about Hypercraft

Hypercraft was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Hypercraft is headquartered in Provo, United States. It is registered at Provo, Utah, United States.

Hypercraft is a funded company, having raised a total of $32.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Nov 2022.

Hypercraft was founded in 2020 in Provo, United States, within the electric vehicle sector. Drive systems for converting gasoline vehicles to hybrids are produced by the company. Batteries, electric motors, programming, wiring, and a user interface display are bundled into a single durable package. Complete turnkey electric systems are thereby enabled for business applications.

Hypercraft's top competitors include Legacy EV, Green Light Labs and Blue Dot Motorworks.

Hypercraft offers Powertrains and Batteries.

Hypercraft has made 1 acquisition, including Stealth EV.

Hypercraft has 3 investors. Key investors include RevRoad Capital, Stalwart Ventures, and Strategic Development Fund.

Hypercraft operates through Hypercraft, Inc..

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