Hardt Hyperloop has secured a multi-million-euro investment, returning to operations after one of its entities entered bankruptcy proceedings earlier this year. The round was led by US-based Green Rock, with existing investors and shareholders including Perpetuum Ventures and Urban Impact Ventures also taking part. The amount raised was not disclosed.
The Rotterdam-based mobility systems developer said the funding would help it continue developing and deploying its technology. It also signed a strategic collaboration agreement with Green Rock to jointly develop hyperloop projects in North, Central and South America.
Founded in 2017 by students from Delft University of Technology, Hardt develops systems for high-speed passenger and freight transport. Its work includes magnetic levitation, propulsion and technology for switching vehicles between lanes. The company says its autonomous vehicles are designed to reach speeds of up to 700 kilometres per hour.
Hardt has tested and demonstrated its core technologies at the 420-metre European Hyperloop Centre in Veendam, the Netherlands. It has also worked with Schiphol Airport on a proposed hyperloop route plan.
The company was declared bankrupt in early March 2026. Its most recent annual statement had warned that its survival depended on securing new capital and that its funds would last only until January 2026.
Alongside developing projects in additional markets, Hardt plans to advance its technology and prepare for planned hyperloop projects across Europe. Green Rock founder Cindy Huang said the firm sees demand in the Americas for faster links between cities and described Hardt as a partner with experience building and testing core hyperloop technologies.
Sources: EU-Startups.