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H3X raised $20M in a Series A funding round led by Infinite Capital to expand production of innovative electric motors for aerospace, defense, and marine sectors.

Aug 06, 2024•about 1 year ago

Amount Raised

$20 Million

Round Type

series a

LouisvilleInformation Technology

Investors

Tech NexusLiquid 2 VenturesMetaplanetLockheed Martin VenturesVenn10 CapitalOrigin VenturesIndustrious VenturesCubit CapitalHanwha Asset ManagementInfinite Capital

Description

H3X announced today a $20 million oversubscribed Series A raise to further its development of high power density electric motors. This funding will support the expansion of production and help bring its megawatt-class electric motors to market.

Company Information

Company

H3X Technologies

Location

410 S ARTHUR AVE

Louisville, Colorado, United States

About

H3X makes high power density electric motors for sustainable aviation, marine, industrial, and defense. Our motors have integrated drives, range in size from 40HP to 40,000HP, and are 3X lighter than competitors.

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