Undisclosed · Other round · Transportation · Rotterdam, Netherlands
Hardt Hyperloop has closed an undisclosed multi-million-euro investment round led by US investor Green Rock. Existing investors and shareholders including Perpetuum Ventures and Urban Impact Ventures also participated. The company says the financing secures continued operations after one group company entered bankruptcy proceedings earlier in 2026.
Capital buys continuity before commercial scale
Hardt develops magnetic levitation, propulsion and lane-switching systems for vehicles travelling through low-pressure tubes. It also supplied core systems for the 420-metre European Hyperloop Center in Veendam, where developers can test vehicles and infrastructure against a shared technical environment.
The immediate purpose of this round is more basic than scaling a proven transport network. Hardt will use it to continue technology development, prepare planned projects and originate new ones. That distinction matters: hyperloop developers have to finance years of engineering, safety work and demonstration infrastructure before route developers can make a bankable procurement decision.
Hardt's product strategy splits that burden. The company offers traction systems and vehicles, while also providing application engineering and route-development services. A shared test centre and interoperable specifications can reduce the amount each project must prove independently, but commercial progress still depends on regulators, governments and infrastructure financiers moving from technical interest to funded reference lines.
Green Rock adds project development to the round
Alongside the investment, Hardt and Green Rock signed a collaboration agreement covering prospective projects across North, Central and South America. Green Rock brings project origination, public-sector engagement, financing strategy and consortium development, while Hardt supplies the transport technology.
That pairing is commercially relevant because the customer is not a single passenger or logistics company. A hyperloop line requires land, permits, safety certification, civil works and a financing consortium. The partnership can give Hardt earlier access to project design decisions, but the announcement does not identify a contracted route. The next proof point is therefore a funded demonstrator or reference project that converts technical assets into a procurement pathway.
Hardt also points to Germany's coalition commitment to a national reference line and an intended €100m allocation. Government interest provides a potential demand signal, but it is not revenue for Hardt until a programme, procurement and technology role are defined.
Sources checked:
Hardt Hyperloop company announcement · Hardt contact page · Hardt product site · Tech.eu Funding Explorer
