Hyperloop Transportation Technologies Inc. operates a crowd-collaboration platform aimed at removing barriers of speed and congestion in transportation. The company crowdsources launch and product development globally; more than 603 individuals, including over 200 professionals from 44 companies in 38 countries, have contributed time and resources to its technology, sales, engineering, design and implementation. Contributing partner companies named in the article include Catalyst and PriestmanGoode, alongside others such as Carbures Europe SA, Atkins, Anomaly Communications LLC, Reflekt GMBH and Leybold GmbH. To date HTT has secured $31.8M in cash investments, $26M in man-hours and services, and land rights valued at more than $22M. An additional $29M of commitments and in-kind investment have been confirmed by several companies that have joined the team. The company is led by CEO Dirk Ahlborn and Chairman Bibop Gresta.

Total raised

$30M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2016