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HyOrc secures $7.5 million in equity financing to advance commercial deployment following a STEP grant approval of €6.7 million.

PUBLIC · HYORAug 10, 2026about 3 hours ago

Amount Raised

$7.5 Million

Round Type

Grant

HoustonInformation Technology

Description

HyOrc has received $7.5 million in equity financing to support its commercial deployment efforts. This funding follows the approval of a €6.7 million STEP grant. The investment will help accelerate the company's growth and expansion plans. HyOrc is poised to utilize these funds to enhance its product offerings.

Company Information

Company

HyOrc

Location

3050 POST OAK BLVD.

Houston, Texas, United States

About

HyOrc is a pioneering clean-tech company developing the most affordable, efficient, practical, and reliable zero-emissions powertrain for heavy-duty applications. Its revolutionary HyOrc engine combines hydrogen fuel with an Organic Rankine Cycle (ORC) turbine to deliver sustainable power for trucks, trains, ships, and stationary generators. Following the successful pilot of an 80kW prototype, the company is finalizing a 245kW version set to be integrated into a 40-ton diesel truck platform by Q1 2025, with full-scale production targeted for 2027.

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