Hyperdrive Innovation is a Sunderland-based developer and manufacturer of lithium-ion energy storage technologies and patented battery management systems. The company supplies battery packs for automotive, commercial vehicles, off-highway vehicles, industrial robots and stationary energy storage, and has electrified an autonomous marine vehicle and supplied batteries for Europe’s fastest road-legal EV. It expects to launch two new modular battery systems later this year and can ramp production at its Sunderland plant to 10,000 battery packs a year. Hyperdrive’s battery management technology is adaptable to different cell chemistries and the company acts as a development and manufacturing partner for OEMs. Formed in 2012, Hyperdrive is a founder member of the North East Automotive Alliance and is actively recruiting in engineering and operational roles. The company is seeking experienced battery distribution partners and plans productivity improvements in battery pack manufacture.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

May 2016