Hyperdrives Secures €3M Pre-Seed for DeepTech Electric Motors

Hyperdrives, a Munich-based DeepTech startup, secured €3 million in pre-Seed funding. Rethink Ventures led the oversubscribed round. First Momentum Ventures, SDAC, Acequia Capital, 2100 Ventures, Prototype Capital, and several angel investors also participated.

Founded in 2021, Hyperdrives develops high-performance electric drives. The company utilizes a hollow-conductor motor cooling technology. This innovation enables scaling record power densities at a lower cost. Furthermore, it avoids exotic materials or novel motor layouts.

Advancing Electric Motor Technology

The funding will allow Hyperdrives to convert its customer pipeline into commercial projects. The company will also validate lifetime durability to automotive industry standards. Additionally, Hyperdrives plans to prepare its manufacturing processes for industrial-scale rollout. This Hyperdrives funding will accelerate the company's market entry.

Hyperdrives' technology achieves up to three times higher current density than existing motors. This results in lighter, smaller, and more efficient motors. These DeepTech electric motors offer a unique performance-to-cost advantage across automotive, aerospace, and marine applications. Major players like Bosch and Siemens also operate in this competitive space.

The company supplies turnkey drive systems with integrated SiC inverters. Hyperdrives also partners with OEMs and Tier-1s for industrialization via manufacturing-technology licensing. In 2024, Hyperdrives generated over €1 million in revenue without external funding. This demonstrates early market traction for their DeepTech innovation. The company aims to offer a technology that delivers lower cost and a more attractive product for electric vehicles.