Tech Company Financing Transactions
Hardt Hyperloop Funding Round
Hardt Hyperloop, based in Rotterdam, raised $13 million in funding from European Innovation Council Fund, InnovationQuarter Capital and private investors.
Transaction Overview
Company Name
Announced On
7/5/2023
Transaction Type
Venture Equity
Amount
$13,045,000
Round
Undisclosed
Investors
Proceeds Purpose
The Dutch hyperloop company has plans to begin testing, at the European Hyperloop Center being built in Veendam, in 2024 - the funding shows further confidence in the project
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Marconistraat 16
Rotterdam, 3029 AK
NL
Rotterdam, 3029 AK
NL
Phone
Website
Email Address
Overview
To achieve net-zero by 2050, the global hyperloop network is an indispensable piece of the puzzle. We enable convenient and sustainable high-speed transportation for everyone with the global hyperloop network. In the hyperloop, vehicles travel autonomously through a network of low-pressure tubes. Every trip is direct towards your destination without any stops in between. For the users, departures are on-demand, with transport times a fraction of what is offered by other modalities, while pricing is competitive. For the infrastructure owners, hyperloop is easy to integrate into the environment, has low energy consumption and emissions, and has a low total cost of ownership.
Management Team
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