# Hylium Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hylium-industries

- Industry: Industrial Machinery
- Headquarters: Osan, South Korea
- Website: www.hylium-industries.com
- Total disclosed funding: $16M
- Latest round: Series C (Jun 26, 2023)
- Investors on record: 9

## About

Based in Gyeonggi-do, South Korea, and founded in 2014, Hylium Industries Inc operates as a hydrogen manufacturing company that provides its users with liquid hydrogen technologies and cryogenic vacuum vessels. In June 2023, Hylium Industries Inc raised pre-IPO funding from Stallion Partners. As of December 2023, Kim Seo Young is the Chief Executive Officer (CEO) of the company. 

Hylium Industries Inc is a researcher in hydrogen liquefaction and lightweight liquid hydrogen storage technology. The company specializes on liquid hydrogen fuel cell-powered drones and mobile hydrogen refueling stations that intends to increase the availability of hydrogen charging stations for fuel cell automobiles. Furthermore, the company supplies liquid hydrogen-based power packs and storage tanks for various kinds of businesses, allowing researchers to complete projects more efficiently.

## Funding rounds

- Series C, Jun 26, 2023, $7.6M — Korea Development Bank, Shinhan Asset Management, IBK Securities, DS Asset Management
- Series C, May 31, 2023, $2.8M — Stallion Partners
- Series B, Sep 30, 2022, $5.1M — Sopoong Ventures, Stallion Partners
- Series A, Apr 29, 2021 — Sopoong Ventures, Gangwon Creative Economy Innovation Center
- Seed, Oct 1, 2015 — Korea Tech Incubator for Startup, ZER01NE Ventures

## Investors

- Korea Tech Incubator for Startup — Seed
- ZER01NE Ventures (https://capitalatlas.ai/funds/zer01ne-ventures) — Seed
- Sopoong Ventures (https://capitalatlas.ai/funds/sopoong-ventures) — Series A, Series B
- Gangwon Creative Economy Innovation Center (https://capitalatlas.ai/funds/gangwon-creative-economy-innovation-center) — Series A
- Stallion Partners (https://capitalatlas.ai/funds/stallion-partners) — Series B, Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- Shinhan Asset Management (https://capitalatlas.ai/funds/shinhan-asset-management) — Series C
- IBK Securities (https://capitalatlas.ai/funds/ibk-securities) — Series C
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series C