H3X, a Denver-based manufacturer specializing in high power density electric motors, has secured $20 million in Series A funding.
The round was led by Infinite Capital, with participation from Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, and TechNexus.
CEO Jason Sylvestre leads H3X in designing, manufacturing, and testing integrated motor drives at their 17,000 sq-ft headquarters. The company’s goal is to become a global supplier of advanced electric motors by 2030, driving deep decarbonization in aviation, marine, and heavy industrial applications, and advancing electrified defense technology to bolster national security.
Over the past 24 months, H3X has validated its core technology, launched the HPDM-30, HPDM-250, and HPDM-140 integrated motor drives, and delivered units to leading aerospace and defense clients. They have also completed multiple contracts with NASA and the Air Force.
The new funding will enable H3X to expand production and introduce its next-generation integrated motor drives, including the HPDM-350, HPDM-1500, and HPDM-2300. The HPDM-1500 and HPDM-2300, being megawatt-class machines, will enhance the performance of electric aircraft by significantly increasing range and reducing weight. These advanced motors will also open new markets in marine and heavy industry for H3X.
H3X was co-founded by Max Liben (CTO), Jason Sylvestre (CEO), and Eric Maciolek (President).
