Hypercraft Inc. Secures $6.5M In Seed Funding From Growth-Minded Investors, Led By Revroad Capital
Amount Raised
$6.5 Million
Round Type
Seed
ProvoInformation TechnologyArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Hypercraft Inc., among the industry's first and leading providers of complete electric drive systems for vehicle manufacturers, announced today the successful raise of $6.5 million in seed funding at a post-money valuation of $51.5 million. The round was led by RevRoad Capital, with participation from individual investors and early customer angels.
Quick answer
Hypercraft raised $6.5 Million in a Seed round, dated February 21, 2023. Investors: Rev Road Capital. Hypercraft is based in Provo, Utah, United States.
- How much did Hypercraft raise?
- Hypercraft raised $6.5 Million in a Seed round on February 21, 2023.
- Who invested in Hypercraft?
- Rev Road Capital is named as investors in this round.
- What does Hypercraft do?
- Hypercraft believes in a future where innovators have greater access to the best mobility technologies.
- Where is Hypercraft based and how big is it?
- Hypercraft is based in Provo, Utah, United States. Fundz records about 55 employees.
- Who are the decision-makers at Hypercraft?
- Fundz holds 1 contact at Hypercraft. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Artificial Intelligence around the same time
Companies in the same sectors as Hypercraft that raised within 45 days of this round, from Fundz verified event records.
- Perplexity raised $26M (Funding Round) on April 4, 2023.
- Verses Technologies raised an undisclosed amount (Convertible Note) on March 31, 2023.
- Parloa raised $21M (Funding Round) on March 30, 2023.
- Perplexity raised an undisclosed amount (Series A) on March 28, 2023.
- Verses Technologies raised an undisclosed amount (Convertible Note) on March 22, 2023.
- Verses Technologies raised $189K (Seed) on March 21, 2023.
Who to call at Hypercraft, and when
A new round usually means Hypercraft is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Hypercraft raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hypercraft, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Hypercraft. With Fundz connected, it knows.
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Fundz sees it the moment Hypercraft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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