Companies in Hyperloop
There are 61 companies in Hyperloop which include Hyperloop One, Zeleros, TransPod, HyperloopTT, Hardt. 13 companies in Hyperloop are funded, with 6 having secured Series A funding. United States has the most number of companies in Hyperloop (31), followed by India
(8), and then Canada (6).
On average, the last 10 years have seen 1 new company launched every year. Most number of Hyperloop startups have been founded by alumni from Cornell University, IIT Madras and BITS Pilani.
Here is a List of top companies in Hyperloop
Hyperloop One (previously known as Hyperloop Technologies) is developing the technology and hardware to make Hyperloop a reality. They design, build and test Hyperloop as suggested by Elon Musk. Successfully tested a propulsion prototype in May 2016. Plans to start with goods transport. Plan to have a fully operational model by 2020.
Key facts about Hyperloop One
- Founded Year: 2014
- Location: Los Angeles (United States)
- Stage: Series D
- Total Funding till date: $578M
- Investors: DP World, Caspian Venture Capital and 50 Others
- Latest Funding Round: Series D, May 13, 2019, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 1 of 61 Competitors

2. Zeleros
Manufacturer of hyperloop transportation solution. The platform offers fully-electric and autonomous,. The pods can travel up to a speed of 1000 km per hour, electric, 5-200 passenger seating capacity, and more with magnetic levitation, aerodynamic propulsion system.
Key facts about Zeleros
- Founded Year: 2016
- Location: Valencia (Spain)
- Stage: Series A
- Total Funding till date: $7.77M
- Investors: Aldebaran, InnoEnergy and 18 Others
- Latest Funding Round: Conventional Debt, May 10, 2022, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 2 of 61 Competitors

3. TransPod
TransPod develops Hyperloop transportation. It offers a unique IP developed by TransPod brings the infrastructure cost down to the same as current high-speed transportation systems. It uses fundamental physics and engineering, aerodynamics, electromagnetics, theory, and computation to provide an optimized transportation system.
Key facts about TransPod
- Founded Year: 2015
- Location: Toronto (Canada)
- Stage: Series D
- Total Funding till date: $570M
- Investors: Broughton Capital Group, MaRS Discovery District and 2 Others
- Latest Funding Round: Series D, Mar 29, 2022, $*****
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 3 of 61 Competitors

4. HyperloopTT
Developer of hyperloop technology and transportation services. It develops pressurized capsules floating on a frictionless magnetic cushion within the tubes traveling at speed of 760mph with 25-50 seater capacity. The capsules are engineered and designed for ultra-high speeds by using cutting-edge composite materials. It has developed a new fuselage skin called Vibranium which is built with carbon fiber and embedded sensors, this smart material transmits critical information regarding temperature, stability, integrity, and more.
Key facts about HyperloopTT
- Founded Year: 2013
- Location: Los Angeles (United States)
- Stage: Series B
- Total Funding till date: $30M
- Investors: U First Capital, Rival Capital Group and 8 Others
- Latest Funding Round: Series B, Jun 08, 2022, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 4 of 61 Competitors
5. Hardt
Hardt develops hyperloop technology. The company develops a zero-emission, high-speed transportation system. It uses various technologies like electromagnetic suspension, electric propulsion, etc, to levitate the vehicle for optimum transportation. It offers features like optimizing travel time, travel costs, etc. Also, it designs vehicles, infrastructure, etc.
Key facts about Hardt
- Founded Year: 2016
- Location: Delft (Netherlands)
- Stage: Series A
- Total Funding till date: $7.35M
- Investors: First dutch, InnovationQuarter and 19 Others
- Latest Funding Round: Series A, Jul 05, 2023, $*****
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 5 of 61 Competitors
