# H3 Dynamics Holdings Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/h3-dynamics-holdings-pte

- Industry: Aerospace
- Headquarters: Singapore, Singapore
- Website: www.h3dynamics.com
- Total disclosed funding: $22M
- Latest round: Series B (Sep 28, 2021)
- Investors on record: 12

## About

Based in Singapore, H3 Dynamics Holdings Pte. Ltd. specializes in advancing hydrogen solutions, particularly fuel cell systems for aerospace and defense, aiming to foster sustainable aviation technology.H3 Dynamics Holdings Pte. Ltd. focuses on the development and deployment of hydrogen technologies. Founded in 2015 in Singapore, the company has undergone strategic pivots to enhance operations in the aerospace sector. The founders, Bertrand Gauthier and Taras Wankewycz, have established a reputation in the industry, with Taras serving as the current CEO. H3 Dynamics has successfully participated in 4 deals, with its latest funding round being a SERIES B of USD 16.21 mn led by SPARX Group, raising a total of USD 16.21 mn and achieving a current company valuation of USD 76.29 mn.H3 Dynamics specializes in advanced hydrogen solutions, particularly for the aerospace and defense sectors, focusing on fuel cell systems. Their flagship offering is a 0.5MW fuel cell system designed to replace the Auxiliary Power Unit (APU) in Airbus A330 aircraft. The company also collaborates on projects such as a hydrogen-powered 19-seater aircraft with partners like Textron-Pipistrel and Honeywell, and develops a 200kg payload autonomous aircraft utilizing Q Dot technology. These products aim to support sustainable flight and reduce reliance on fossil fuels, operating primarily in Europe and North America.In 2023, H3 Dynamics reported a revenue of USD 4,179,607.30 with an EBITDA of USD -3,251,128.90. Their revenue model is based on strategic partnerships with major aerospace companies, facilitating revenue from contracts for fuel cell systems and collaborative projects, primarily on a B2B basis.H3 Dynamics plans to launch new hydrogen solutions and expand its market presence, with targeted expansions into additional regions within Europe and North America by 2025. Recent funding from SPARX Group will support product development and market penetration efforts. The focus will be on enhancing the capabilities of their current offerings and exploring new partnerships to facilitate growth.

## Funding rounds

- Series B, Sep 28, 2021, $16M — Grosvenor, SG Growth Capital, SPARX Group, SMBC Trust Bank, Audacy Ventures, Ascent Funds, ATEQ, Silver Cap limited, AOI Holdings Co ltd, COPPER CAPITAL 1 PTE. LTD., Felicity Global Capital
- Series A, Jul 6, 2017, $5.5M — SENSYN ROBOTICS, Inc., Silver Cap limited, Felicity Global Capital

## Investors

- SENSYN ROBOTICS, Inc. — Series A
- Silver Cap limited — Series A, Series B
- Felicity Global Capital (https://capitalatlas.ai/funds/felicity-global-capital) — Series A, Series B
- Grosvenor — Series B
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series B
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B
- SMBC Trust Bank — Series B
- Audacy Ventures (https://capitalatlas.ai/funds/audacy-ventures) — Series B
- Ascent Funds (https://capitalatlas.ai/funds/ascent-funds) — Series B
- ATEQ — Series B
- AOI Holdings Co ltd — Series B
- COPPER CAPITAL 1 PTE. LTD. — Series B