About HyPoint
HyPoint is a company based in Menlo Park (United States) founded in 2016 by John Vogel, Brian Benicewicz, Alexey Ivanenko, and Rhonda Staudt was acquired by ZeroAvia in October 2022.. HyPoint has raised $1 million across 2 funding rounds from investors including ZeroAvia. HyPoint operates in a competitive market with competitors including Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy, among others.
- Headquarter Menlo Park, United States
- Founders John Vogel, Brian Benicewicz, Alexey Ivanenko, Rhonda Staudt
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Sectors
Energy & UtilitiesAerospace, 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 Hypoint Inc.
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Funding Insights of HyPoint
HyPoint has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in March 2022. 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 2
- Last Round Seed — $600,000
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First Round
First Round
(14 Feb 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Seed - HyPoint | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - HyPoint | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 HyPoint
HyPoint has secured backing from 1 investor. Prominent investors backing the company include ZeroAvia. 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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Hydrogen fuel cell-powered aviation powertrains are manufactured for emission reduction.
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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 HyPoint
| 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 - HyPoint
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Hypoint Comparisons
Competitors of HyPoint
HyPoint 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 Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy, 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 |
Hydrogen-based fuel cells are manufactured for power applications.
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| domain | founded_year | HQ Location |
PEM fuel cell and CHP power systems developer
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| domain | founded_year | HQ Location |
Low-temperature solid oxide fuel cells are produced for CHP systems.
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| domain | founded_year | HQ Location |
Manufacturer of hydrogen fuel cells
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| domain | founded_year | HQ Location |
Hydrogen-based fuel cells are developed using printed circuit board technology.
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| domain | founded_year | HQ Location |
Integrated energy storage system for power and heating applications
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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 Hypoint
Frequently Asked Questions about HyPoint
When was HyPoint founded?
HyPoint was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is HyPoint located?
HyPoint is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Who is the current CEO of HyPoint?
Evgeniy Grankin is the current CEO of HyPoint.
Is HyPoint a funded company?
HyPoint is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Feb 14, 2022.
What does HyPoint do?
Hydrogen fuel cell system. It develops high-performance air-cooled hydrogen fuel cell systems for aviation, aeronautics, and urban air mobility. The cooling hydrogen fuel cells provides aircraft makers with a viable hydrogen power option.
Who are the top competitors of HyPoint?
HyPoint's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.
Who are HyPoint's investors?
HyPoint has 1 investor. Key investors include ZeroAvia.