# Hypercraft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hypercraft

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Provo, US
- Website: www.hypercraftusa.com
- Total disclosed funding: $27M
- Latest round: Series A (Jun 3, 2025)
- Investors on record: 2

## About

Founded in 2019 by its advisor, Eric Ream, CEO, Jake Hawksworth, and CMO/CCO, Jonathon Miller, and based in Utah, US, Hypercraft, Inc., operates as an automobile company that offers various turn-key electric drive systems. In June 2025, Hypercraft, Inc. raised USD 26 million in series A funding led by new investor Stalwart Ventures, with participation from another new investor Strategic Development Fund. As of 2023, the company has partnered with companies like Nawa Technologies, RevRoad, Cascadia Motion, Wiring Specialities, and many more. Hypercraft offers various turn-key electric drive systems, including bundling motors, batteries, electronics, and software. The company’s product portfolio includes the Genesis series, consisting of an electric drive system, a battery management system (BMS), flexible battery and motor mounting, plug and play throttle, an onboard charging standard, and HyperPack, which features a chassis-agnostic, modular design, plug and play high and low voltage connectors, a thermal management system, and integrated high voltage switching.

## Funding rounds

- Series A, Jun 3, 2025, $20M — Stalwart Ventures, Strategic Development Fund
- Seed, Feb 21, 2023, $6.5M — Stalwart Ventures

## Investors

- Stalwart Ventures (https://capitalatlas.ai/funds/stalwart-ventures) — Seed, Series A
- Strategic Development Fund (https://capitalatlas.ai/funds/strategic-development-fund) — Series A