HyPoint - About the company
HyPoint is an acquired company based in Menlo Park (United States), founded in 2016 by Rhonda Staudt, Alexey Ivanenko and Brian Benicewicz. It operates as a Hydrogen fuel cell system. HyPoint has raised $1M in funding from Climate Capital. The company has 277 active competitors, including 57 funded and 38 that have exited. Its top competitors include companies like Bloom Energy, Advent and Amogy.
Company Details
Hydrogen fuel cell system. It develops high-performance air-cooled hydrogen fuel cell systems for aviation, aeronautics, and urban air mobility. The cooling hydrogen fuel cells provides aircraft makers with a viable hydrogen power option.
- Website
- hypoint.com
- Email ID
- *****@hypoint.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Menlo Park, United States
Stage
Acquired
Total Funding
$1M in 3 rounds
Latest Funding Round
Investors
Ranked
63rd among 277 active competitors
Employee Count
19 as on Jul 31, 2026
Exit Details
Acquired by ZeroAvia (Oct 06, 2022)
Legal entities associated with HyPoint
HyPoint is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HYPOINT INC. CIN: 6440389 , United States, Active | Mar 24, 2022 | $1M - $5M (As on Mar 30, 2022) | - | - |
HyPoint's acquisition details
HyPoint got acquired by ZeroAvia on Oct 06, 2022.
Click here to take a look at HyPoint's acquisition in detail
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HyPoint's funding and investors
HyPoint has raised a total funding of $1M over 3 rounds. Its first funding round was on 2021. HyPoint has 10 institutional investors.
Here is the list of recent funding rounds of HyPoint:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2022 | 2810458 | Series A | 4853016 | 3203343 | 1997622 | 3123077 |
Feb 14, 2022 | 3212695 | Series A | 5029965 | 6426634 | 3187343 | 7582994 |
2021 | 9833 | Series A | 6218 | 7251 | 3653 |
View details of HyPoint's funding rounds and investors
HyPoint's founders and board of directors
Founder? Claim ProfileThe founders of HyPoint are Rhonda Staudt, Alexey Ivanenko and Brian Benicewicz. Evgeniy Grankin is the CEO of HyPoint.
Here are the details of HyPoint's key team members:
- Rhonda Staudt: Co-Founder of HyPoint and founder of 1 other company. Contact Info: 1 email address
- Alexey Ivanenko: Founder of HyPoint and founder of 1 other company.
- Brian Benicewicz: Co-Founder of HyPoint.
- Evgeniy Grankin: CEO of HyPoint.
View details of HyPoint's Founder profiles and Board Members
HyPoint's employee count trend
HyPoint has 19 employees as of Jul 26. Here is HyPoint's employee count trend over the years:
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HyPoint's Competitors and alternates
Top competitors of HyPoint include Bloom Energy, Advent and Amogy. Here is the list of Top 10 competitors of HyPoint, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bloom Energy 2001, San Jose (United States), Public | Provider of solid oxide fuel cell technology | $973M | 73/100 | |
2nd | Advent 2006, Boston (United States), Public | Provider of solutions for fuel cell | $8.9M | 69/100 | |
3rd | Amogy 2021, Brooklyn (United States), Series C | Developer of ammonia-to-power systems and ammonia cracking catalysts for decarbonization | $302M | 64/100 | |
4th | FuelCell Energy 1969, United States, Public | Manufacturer of fuel cell systems for power generation and emissions management | - | 64/100 | |
5th | Greenjets 2005, London (United Kingdom), Series A | Developer of electric jet engines for sustainable aviation propulsion systems | $47.5M | 63/100 | |
6th | Intelligent Energy 2001, Loughborough (United Kingdom), Acquired | Manufacturer of hydrogen fuel cell systems for various industrial applications | $213M | 63/100 | |
7th | GeoPura 2019, Newcastle Upon Tyne (United Kingdom), Acquired | Manufacturer of hydrogen power units for clean energy generation systems | $125M | 62/100 | |
8th | Manufacturer of solid oxide fuel cells and hydrogen production components | $103M | 59/100 | ||
9th | Dynelectro 2018, Copenhagen (Denmark), Series A | Designer and manufacture Dynamic Electrolyser Units which produce green hydrogen for carbon-neutral eFuels | $16.7M | 58/100 | |
10th | Fuel cell-based solutions provider | - | 58/100 | ||
63rd | HyPoint 2016, Menlo Park (United States), Acquired | Hydrogen fuel cell system | $1M | 36/100 |
Looking for more details on HyPoint's competitors? Click here to see the top ones
HyPoint's Investments and acquisitions
HyPoint has made no investments or acquisitions yet.
Reports related to HyPoint
Here is the latest report on HyPoint's sector:
News related to HyPoint
•
ZeroAvia Acquires Leading Fuel Cell Stack Innovator HyPointPR Newswire•Oct 06, 2022•ZeroAvia, HyPoint
•
HyPoint to test hydrogen fuel cell technology at Manston AirportThe Business Magazine•Jul 29, 2022•HyPoint
•
•
HyPoint Cuts Ribbon at Discovery Park in Bid to Advance Zero-Emission Hydrogen Aviation in the UK and AbroadFuelcellsworks•Feb 10, 2022•HyPoint
•
Hypoint and BASF team up, Green hydrogen strategic priority for Francepv magazine•Oct 12, 2021•HyPoint, BASF
•
Piasecki announces world-first hydrogen-electric compound helicopterNewAtlas•Aug 26, 2021•Piasecki, HyPoint
•
HyPoint inks $6.5m deal with Piasecki Aircraft to deliver hydrogen fuel cell system for eVTOL aircraftBusinessGreen•Aug 24, 2021•HyPoint, Piasecki
•
•
BMPower Has Created the World’s Lightest Fuel Cell Stack for DronesFuelcellsworks•Jul 15, 2019•HyPoint
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