About Hyzon Motors
Hyzon Motors is a company based in New York (United States) founded in 2019 by Gary Robb.. Hyzon Motors has raised $400 million across 2 funding rounds from investors including Fidelity Investments, BlackRock and Wellington. The company has 91 employees as of December 31, 2021. Hyzon Motors has completed 2 acquisitions, including ORTEN and ORTEN Electric-Trucks. Hyzon Motors offers products and services including Fuel Cell Electric Truck and Hydrogen Fuel Cell System. Hyzon Motors operates in a competitive market with competitors including Proterra, PlusAI, TuSimple, Arrival and Lightning eMotors, among others.
- Headquarter New York, United States
- Employees 91 as on 31 Dec, 2021
- Founders Gary Robb
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Decarbonization Plus Acquisition Corp
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Annual Revenue
$295 K-92as on Dec 31, 2023
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Net Profit
$-184.03 M-472as on Dec 31, 2023
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EBITDA
$-188.02 M-9as on Dec 31, 2023
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Total Equity Funding
$400 M (USD)
in 2 rounds
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Latest Funding Round
$400 M (USD), Series A
Feb 09, 2021
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Investors
Fidelity Investments
& 6 more
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Employee Count
91
as on Dec 31, 2021
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Investments & Acquisitions
ORTEN
& 1 more
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Products & Services of Hyzon Motors
Hyzon Motors offers a comprehensive portfolio of products and services, including Fuel Cell Electric Truck and Hydrogen Fuel Cell System. 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.
Hydrogen-powered truck for heavy-duty logistics and waste collection
System providing zero-emission power for industrial applications
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Funding Insights of Hyzon Motors
Hyzon Motors has successfully raised a total of $400M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $400 million completed in February 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 2
- Last Round Series A — $400.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - Hyzon Motors | Valuation | BlackRock , Fidelity Investments |
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| Oct, 2020 | Amount | Seed - Hyzon Motors | Valuation | TotalEnergies Carbon Neutrality Ventures |
| 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 Hyzon Motors
Hyzon Motors has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, BlackRock and Wellington. 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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Venture capital and infrastructure fund focused on technology and energy sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Hyzon Motors
Hyzon Motors has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ORTEN and ORTEN Electric-Trucks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial vehicle electrification services
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2015 | ||||
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Specialized vehicles are manufactured for industrial and custom applications.
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1925 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hyzon Motors
| 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 |
Hyzon Motors Comparisons
Competitors of Hyzon Motors
Hyzon Motors 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 Proterra, PlusAI, TuSimple, Arrival and Lightning eMotors, 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 buses and charging systems are manufactured for fleets.
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| domain | founded_year | HQ Location |
Self-driving technology for commercial trucks is developed by PlusAI.
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| domain | founded_year | HQ Location |
Self-driving truck solutions are developed using AI technology.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
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| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
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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 Hyzon Motors
Frequently Asked Questions about Hyzon Motors
When was Hyzon Motors founded?
Hyzon Motors was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Hyzon Motors located?
Hyzon Motors is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Hyzon Motors?
Gary Robb is the current CEO of Hyzon Motors. They have also founded this company.
Is Hyzon Motors a funded company?
Hyzon Motors is a funded company, having raised a total of $400M across 2 funding rounds to date.
How many employees does Hyzon Motors have?
As of Dec 31, 2021, the latest employee count at Hyzon Motors is 91.
What is the annual revenue of Hyzon Motors?
Annual revenue of Hyzon Motors is $295K as on Dec 31, 2023.
What does Hyzon Motors do?
Developer of multiple categories of commercial vehicles. The company develops hydrogen-fuel cell-enabled heavy and medium-duty trucks and buses. It offers features like a 500km speed range, 250Whkg battery range, and more.
Who are the top competitors of Hyzon Motors?
What products or services does Hyzon Motors offer?
Hyzon Motors offers Fuel Cell Electric Truck and Hydrogen Fuel Cell System.
How many acquisitions has Hyzon Motors made?
Hyzon Motors has made 2 acquisitions, including ORTEN, and ORTEN Electric-Trucks.
Who are Hyzon Motors's investors?
Hyzon Motors has 7 investors. Key investors include Fidelity Investments, BlackRock, Wellington, Total Carbon Neutrality Ventures, and Hydrogen Capital Partners.