Hardt Hyperloop secures multi-million-euro funding after bankruptcy
Rotterdam-based Hardt Hyperloop has raised a multi-million-euro round led by US firm Green Rock, marking its comeback after a bankruptcy earlier this year.
Hardt Hyperloop, a Rotterdam-based developer of mobility systems, has secured a multi-million-euro investment, marking its return after one of its entities entered bankruptcy proceedings earlier this year.
The round was led by Green Rock, a US-based investment and project development firm that focuses on strategic infrastructure and technology. Several of Hardt's existing investors and shareholders also took part in the financing.
Expansion into the Americas
The new capital is meant to help the company rebuild and expand its footprint in the Americas. The choice of a US-based lead investor with a focus on infrastructure points to a shift in where Hardt sees its next opportunities, even though the company remains headquartered in Rotterdam.
Why it matters
Hyperloop developers have struggled to turn ambitious concepts into funded, real-world projects, and bankruptcy proceedings at one Hardt entity had raised questions about the company's future. Fresh backing from both a new strategic investor and existing shareholders signals continued confidence in the technology and in the team's ability to carry on.
The announcement does not change the fact that large-scale hyperloop infrastructure remains a long-term undertaking that depends on partners, regulators and sustained funding. The exact size of the round and further details of the restructured company were not part of the initial announcement.
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