H3X Technologies - About the company
H3X Technologies is a series A company based in Saint Louis Park (United States), founded in 2020 by Jason Sylvestre, Eric Maciolek and Max Liben. It operates as a Developer of motor drives for electric aircraft. H3X Technologies has raised $26M in funding from investors like Y Combinator, Infinite Capital and Metaplanet, with a current valuation of $*****. The company has 59 active competitors, including 14 funded and 5 that have exited. Its top competitors include companies like BETA, Aurora and H55.
Company Details
Developer of motor drives for electric aircraft. Its features include an electric motor and inverter, copper stator coils, thermal resistance reduction, SiC power electronics, retrofitting of existing systems, and electric propulsion. It caters to long-distance aircrafts such as electrical vertical take-off-and-landing aircraft, unmanned aerial vehicles, as well as military jets.
- Website
- www.h3x.tech/
- Email ID
- *****@h3x.tech
Key Metrics
Founded Year
2020
Location
Saint Louis Park, United States
Stage
Series A
Total Funding
$26M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2021
Investors
Ranked
13th among 59 active competitors
Employee Count
57 as on Sep 30, 2026
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H3X Technologies's funding and investors
H3X Technologies has raised a total funding of $26M over 6 rounds. Its first funding round was on Jan 01, 2021. Its latest funding round was a Series A round on Mar 04, 2024 for $*****. 10 investors participated in its latest round. H3X Technologies has 18 institutional investors.
Here is the list of recent funding rounds of H3X Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2024 | 9089046 | Series A | 8511234 | 7562775 | 7573825 | 8756199 |
Feb 28, 2023 | 8816133 | Conventional Debt | 8839430 | 5527052 | 3041570 | |
Jun 29, 2022 | 1984746 | Seed | 2698782 | 1028430 | 9715466 | 2844207 |
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H3X Technologies' founders and board of directors
Founder? Claim ProfileThe founders of H3X Technologies are Jason Sylvestre, Eric Maciolek and Max Liben. Jason Sylvestre is the CEO of H3X Technologies.
Here are the details of H3X Technologies' key team members:
- Jason Sylvestre: Co-Founder & CEO of H3X Technologies. Contact Info: 1 email address
- Eric Maciolek: President & Co-Founder of H3X Technologies. Contact Info: 1 email address
- Max Liben: Co-Founder & CTO of H3X Technologies. Contact Info: 1 email address
View details of H3X Technologies's Founder profiles and Board Members
H3X Technologies' employee count trend
H3X Technologies has 57 employees as of Sep 26. Here is H3X Technologies's employee count trend over the years:
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H3X Technologies's Competitors and alternates
Top competitors of H3X Technologies include BETA, Aurora and H55. Here is the list of Top 10 competitors of H3X Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BETA 2012, South Burlington (United States), Public | Manufacturer of electric aircraft, charging systems, and customized training programs | $1.66B | 74/100 | |
2nd | Aurora 1989, Manassas (United States), Acquired | Developer of advanced aircraft and enabling technologies for government and commercial sectors | $6.85M | 67/100 | |
3rd |  H55 2015, Sion (Switzerland), Series C | Developer of electric propulsion and energy storage systems for aviation | $147M | 65/100 | |
4th | ZeroAvia 2018, Everett (United States), Series C | Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft | $348M | 64/100 | |
5th |  Greenjets 2005, London (United Kingdom), Series A | Developer of electric jet engines for sustainable aviation propulsion systems | $47.5M | 64/100 | |
6th |  Whisper Aero 2021, Crossville (United States), Series B | Developer of electric propulsion systems for aviation, defense, and commercial sectors | $85.8M | 57/100 | |
7th |  VerdeGo Aero 2017, Daytona Beach (United States), Series B | Provider of power and propulsion technologies to develop electric aircraft | $14.6M | 55/100 | |
8th |  magniX 2009, Everett (United States), Unfunded | Developer of electric propulsion systems for aerospace and defense | - | - | 50/100 |
9th |  OhmSpace 2021, Southampton (United Kingdom), Seed | Provider of spacecraft propulsion technology for the satellite market | $4.21M | 49/100 | |
10th |  LaunchPoint 1992, Goleta (United States), Early Stage | Provider of hybrid electric propulsion systems and modeling software | $11.4M | 48/100 | |
13th |  H3X Technologies 2020, Saint Louis Park (United States), Series A | Developer of motor drives for electric aircraft | $26M | 47/100 |
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H3X Technologies's Investments and acquisitions
H3X Technologies has made no investments or acquisitions yet.
Reports related to H3X Technologies
Here is the latest report on H3X Technologies's sector:
News related to H3X Technologies
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H3X Technologies has filed a notice of an exempt offering of securities to raise $20,334,312.00 in New Equity Investment.intelligence360•Aug 21, 2024•H3X Technologies
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H3X scales up its electric aerospace ambitions with $20M in new fundingTechCrunch+•Aug 06, 2024•H3X Technologies, Infinite Capital, Hanwha, Cubit Capital and 7 others
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Electric Motor Startup H3X Raises $20 MillionMarinelink•Aug 06, 2024•H3X Technologies, Infinite Capital, Hanwha, Cubit Capital and 9 others
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H3X Technologies has filed a notice of an exempt offering of securities to raise $3,000,000.00 in New Debt Financing.intelligence360•Mar 08, 2023•H3X Technologies
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Lockheed Martin Ventures Invests in High Performance Electric Motor Manufacturer H3XACROFAN•Feb 28, 2023•H3X Technologies, Lockheed Martin
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Start-up Promises All-electric Propulsion For 100-Seater AirlinersAIN Publications•Jun 30, 2022•H3X Technologies
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H3X rethinks the electric motor to power the next phase of mobilityTechCrunch+•Mar 22, 2021•H3X Technologies
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H3X claims it's tripled the power density of electric aircraft motorsNewAtlas•Nov 10, 2020•H3X Technologies
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