Tech Company Financing Transactions
Hypercraft Funding Round
On 2/21/2023, Hypercraft secured $6.5 million in Seed investment from RevRoad.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
RevRoad (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand team, EV battery research and development and capital expenditures to support scaled manufacturing.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1200 Towne Centre Blvd. 1152
Provo, UT 84601
USA
Provo, UT 84601
USA
Phone
Website
Email Address
Overview
Hypercraft believes in a future where creatives and innovators have greater access to the best EV technology. We are positioned to unleash the unlimited performance potential of EV in every motorized industry vertical. The future is powered by Hypercraft.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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