About Hyperdrive Innovation
Hyperdrive Innovation is a company based in Sunderland (United Kingdom) founded in 2010 by Tony Irish was acquired by Turntide in June 2021. Hyperdrive Innovation has raised $13.52 million across 2 funding rounds from investors including Turntide, The Santon Group and Rivers Capital Partners. The company has 56 employees as of March 31, 2021. Hyperdrive Innovation operates in a competitive market with competitors including A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.
- Headquarter Sunderland, United Kingdom
- Employees 56 as on 31 Mar, 2021
- Founders Tony Irish
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Sectors
Energy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Hyperdrive Innovation Ltd
- Date of Incorporation 14 Feb, 2012
- Jurisdiction GATESHEAD, ENGLAND
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Annual Revenue
$25.58 M (USD)0as on Dec 31, 2021
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Net Profit
$657.28 K (USD)0as on Dec 31, 2021
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EBITDA
Not available
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Total Equity Funding
$13.52 M (USD)
in 2 rounds
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Latest Funding Round
$8.84 M (USD), Series B
Nov 28, 2018
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Investors
Turntide
& 4 more
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Employee Count
56
as on Mar 31, 2021
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Acquired by
Turntide
(Jun 15, 2021)
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Funding Insights of Hyperdrive Innovation
Hyperdrive Innovation has successfully raised a total of $13.52M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.84 million completed in November 2018. 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.
Investors in Hyperdrive Innovation
Hyperdrive Innovation has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Turntide, The Santon Group and Rivers Capital Partners.
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Engages in property investment, development, and private equity ventures globally.
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Manages diversified investment funds and portfolios for clients.
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Investor details for Hyperdrive Innovation
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Investments & Acquisitions by Hyperdrive Innovation
Investment portfolio details for Hyperdrive Innovation
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Financial Statements - Hyperdrive Innovation
Detailed financials for Hyperdrive Innovation
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Hyperdrive Innovation Comparisons
Peer comparison for Hyperdrive Innovation
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Competitors of Hyperdrive Innovation
Hyperdrive Innovation 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 A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Developer of energy storage systems (ESS) based on lithium NMC technology
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Developer of battery energy storage system solutions
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Lithium-ion batteries for multi-category electric vehicles are developed.
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Energy storage systems are provided for grid-level and behind-the-meter applications.
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Lithium-ion battery systems for energy storage are developed.
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Detailed competitors of Hyperdrive Innovation
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Latest news on Hyperdrive Innovation
Complete news archive for Hyperdrive Innovation
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Frequently Asked Questions about Hyperdrive Innovation
Hyperdrive Innovation was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Hyperdrive Innovation is headquartered in Sunderland, United Kingdom. It is registered at Sunderland, England, United Kingdom.
Hyperdrive Innovation is a funded company, having raised a total of $13.52M across 2 funding rounds to date.
As of Mar 31, 2021, the latest employee count at Hyperdrive Innovation is 56.
Annual revenue of Hyperdrive Innovation is $25.58M as on Dec 31, 2021.
Founded in 2010 in Sunderland, United Kingdom, battery management systems for electric vehicles are provided by Hyperdrive Innovation. Focus is placed on lithium-ion battery packs and systems integrated into electric vehicle powertrains. Vehicle sensors, range extenders, and electronic control units are also manufactured. Operations center on the automotive sector, supporting advancements in electric mobility through specialized components.
Hyperdrive Innovation's top competitors include Microvast, Corvus Energy and A123 Systems.
Hyperdrive Innovation has 5 investors. Key investors include Turntide, The Santon Group, Rivers Capital Partners, Hamilton Capital Partners, and Ewen Campbell.