Hyliion Secures $6 Million to Propel Breakthrough Clean, Distributed Power Solutions

Hyliion is thrilled to announce that we have successfully raised $6,000,000 in our latest funding round, marking a significant milestone in our journey to revolutionize the energy landscape. This fresh capital injection will empower Hyliion to further develop and refine our innovative solutions that enable clean, flexible, and affordable electricity production. With our headquarters in Austin, Texas, and research and development operations in Cincinnati, Ohio, this funding will support our mission to offer distributed power generators capable of operating on various fuel sources. Our groundbreaking KARNO generator—a fuel-agnostic solution built using additive manufacturing and powered by a linear heat generator architecture—remains at the heart of our efforts to future-proof energy production in an ever-evolving market. The funds will primarily be allocated towards scaling the deployment of our locally deployable generator systems in the commercial and waste management industries, with the aim of delivering reliable prime power and unlocking energy arbitrage opportunities. Hyliion’s commitment to innovation extends beyond stationary power, as we are also exploring mobile applications in vehicles and marine sectors, which will be crucial in diversifying our impact on the energy economy. This investment not only offers a fresh impetus for technological advancements but also reinforces our promise to contribute positively to the environment by providing practical solutions that meet today’s energy demands. We are excited to embark on this new chapter, confident that this funding will accelerate the positive changes we envision across multiple industries. For further information and updates on our latest developments, please visit www.hyliion.com.