Hyliion Inc.

Cedar Park, TX · Founded 2016 · Energy · Public

Fuel-flexible linear generators for onsite power generation

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Updated · hyliion.com

Sector
Energy
Headquarters
Cedar Park, TX
Founded
2016
Latest Form D
$6M, Feb 2019
Total capital
$12.5M
Federal grants
$1.1M
2 awards · 2024–2025
Rank in peer group#38 of 47
Private capital raised
$11.3M
3 Form D · last Feb 2019
92 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
26
14 pending · first 2021
Rank in peer group#1 of 47

Capital timeline

20172019202120232025FEDERAL ↑EQUITY ↓Cumulative $12.5M$140K$1.0M3rd Form D$6M
20172019202120232025FEDERAL ↑EQUITY ↓Cumulative $12.5M$140K$1.0M3rd Form D$6M

Latest events

  • Federal grantDefense · Phase II · Research And Development$1.0M
  • Federal grantDefense · Phase I · SBIR Phase I$140K
  • Private capital raisedForm D · SEC · 3rd filing$6M
  • Private capital raisedForm D · SEC · 2nd filing$3.3M
  • Private capital raisedForm D · SEC · 1st filing$2M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 47 peers

Line = median

Energy · Device

  • Federal grantsBelow median
  • Granted patents#1 · top 2%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Edward OlkkolaExecutive Officer, DirectorNamed in SEC Form D filings
  • Thomas HealyExecutive OfficerNamed in SEC Form D filings

What it has protected

USPTO · 26 granted of 40
Show all 40 patent records

Regulatory activity · Energy

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .