Hypercraft raises $26M in Series A funding led by Stalwart Ventures to enhance its software-defined mobility platform.
Amount Raised
$26 Million
Round Type
Series A
ProvoInformation TechnologyArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Hypercraft, based in Lindon, Utah, has raised $26 million in Series A funding at a post-money valuation of $106 million. The round was led by Stalwart Ventures, with participation from the Strategic Development Fund. The capital will fund further development of their software-defined mobility platform. Founded in 2021, Hypercraft offers electric and hybrid powertrain systems catering to various industries.
Quick answer
Hypercraft raised $26 Million in a Series A round, dated June 4, 2025. Investors: Strategic Development Fund and Stalwart Ventures. Hypercraft is based in Provo, Utah, United States.
- How much did Hypercraft raise?
- Hypercraft raised $26 Million in a Series A round on June 4, 2025.
- Who invested in Hypercraft?
- Strategic Development Fund and Stalwart Ventures are 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.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
- OneAdvanced raised $1.6B (Funding Round) on July 16, 2025.
- Warden AI raised an undisclosed amount (Funding Round) on July 16, 2025.
- Thinking Machines Lab raised $2B (Funding Round) on July 15, 2025.
- Navana AI raised $814K (Pre-Series A) on July 15, 2025.
- Vultron raised $22M (Series A) on July 15, 2025.
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
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Funding Insights
What this usually meansHypercraft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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