Rotterdam’s Hardt Hyperloop secures multi-million-euro funding to bounce back from bankruptcy and expand into the Americas
Hardt Hyperloop, a Rotterdam-based mobility systems developer, has secured a multi-million-euro investment, marking its return after one of its entities entered bankruptcy proceedings earlier this year. The investment round was led by Green Rock, a US-based investment and project development firm focused on strategic infrastructure and technology. Several of Hardt’s existing investors and…
Hardt Hyperloop, a mobility systems developer based in Rotterdam, has secured a multi-million-euro investment to bounce back from bankruptcy and expand into the Americas. The investment, led by Green Rock, a US-based firm focused on strategic infrastructure and technology, was driven by several existing investors and shareholders, including Perpetuum Ventures and Urban Impact Ventures.
The funding enables Hardt Hyperloop to continue developing and deploying its advanced technologies in passenger and freight transport. Founded in 2017 by Delft University of Technology students, Hardt Hyperloop has spent years perfecting magnetic levitation, propulsion, and high-speed lane switching systems. Its product portfolio includes traction solutions, sensor systems, and laminated steel track sets, with autonomous vehicles capable of reaching speeds up to 700 kmph.
Despite filing for bankruptcy earlier this year, Hardt Hyperloop now plans to advance its technology, prepare for hyperloop projects across Europe, and develop new projects in additional markets, including North, Central, and South America.
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