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Hyliion

126 employees

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Hyliion aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.

Investor insights

Funding rounds participated in

$6M sweet spot round size

Investor type

Public Company

Basic info

Industry

Electric Power Generation

Sectors

Electric Power Generation

Date founded

2015

Funding rounds raised

Total raised

$6M

from 1 investors over 1 rounds

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Hyliion raised $6M on January 23, 2025

Investors: US Department of Energy

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