H3X (Series A)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 07, 2024
Vertical
Electric Motors
Funding URL
View Funding Page

Company Info
Founding Year
2021
Traction
H3X has received orders from multiple aerospace companies and is generating revenue in the millions, with a goal to increase revenue fivefold this year.
Revenue Amount
$5,000,000
Organizations Involved
Department of Defense, various aerospace companies
Founders
Jason Sylvestre, Max Liben, Eric Maciolek
Company Description
H3X specializes in developing compact and efficient electric motors for aerospace and marine applications. Their technology focuses on creating smaller motors that deliver the same power and torque as larger traditional motors, which is particularly beneficial in industries where space and weight are critical factors.
Market
Aerospace and Marine
Location
None, None, US
Coinvestors
Infinite Capital, Hanwha AM, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, TechNexus

Links
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