Hyliion: Funding, Investors & Team (Sep 2026)
Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Hyliion aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.
Hyliion has raised $6.0M across 1 funding round on record, the most recent an undisclosed round of $6.0M announced in Dec 2024.
That round is below the $14M median round size for Energy companies tracked on FundedIQ over the last two years.
Hyliion Company Profile and Key Stats
Latest funding round on record: Dec 2024.
Hyliion Funding Rounds
Hyliion Founders and Leadership Team
No contact details are on record for this team yet.
Hyliion Funding Compared to Other Energy Startups
Hyliion's latest round of $6.0M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Hyliion Funding FAQs
What does Hyliion do?
Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Hyliion aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.
How much funding has Hyliion raised?
Hyliion has raised $6.0M across 1 round on record. The most recent is an undisclosed round of $6.0M announced in Dec 2024.
When did Hyliion last raise funding?
Hyliion's most recent funding round on record is an undisclosed round of $6.0M, announced in Dec 2024.
Who founded Hyliion?
FundedIQ lists Thomas Healy (Founder) at Hyliion.
Where is Hyliion headquartered?
Hyliion is based in Cedar Park, Texas, United States.
How many employees does Hyliion have?
Hyliion is in the 101-250 employee band.
How does Hyliion's funding compare to other Energy startups?
Hyliion's latest round of $6.0M is below the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Hyliion Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hyliion is left off this page rather than filled in.
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