H
HYKE
Autonomous-ready electric ferries for urban water transport
About HYKE
HYKE, also known as Hydrolift Smart-City Ferries AS, develops zero-emission, electric, and autonomy-prepared ferries to address urban congestion and pollution. The company was established in 2019 as a spin-off from the Norwegian innovation and industrial design powerhouse, Eker Group. This initiative was born from a collaboration with the city of Fredrikstad, Norway, which sought to modernize and reduce the costs of its centuries-old ferry service.
Read full description
HYKE's core offering is a complete waterborne mobility system, featuring the 'Hyke Shuttle,' a 50-passenger vessel designed for efficiency and sustainability. These ferries are built from the ground up as electric vehicles, enabling over 12 hours of continuous operation on a single charge and consuming 85% less energy than diesel counterparts. The vessels are constructed from lightweight composite materials and feature rooftop solar panels to supplement power. Charging is facilitated through the universal CCS standard used by electric cars, allowing for easy integration with existing infrastructure, as well as automatic wireless charging at docks.
The business model centers on providing this integrated system to clients such as municipalities, local ferry operators, and urban developers. By making water transport economically viable and environmentally sound, HYKE aims to shift a significant portion of urban mobility and logistics back to underutilized waterways. The ferries are equipped with autonomous technology, including auto-docking and auto-crossing capabilities, which can reduce operational costs by up to 50% and enhance safety. While currently operated with crew, the vessels are designed to transition to fully autonomous or remotely guided operations in the future. The company has launched a successful pilot project in Fredrikstad and is expanding into Asian markets like the Philippines and Singapore through a partnership with Seagull Pte. Ltd. for manufacturing. The company is led by CEO Halvor Vislie.
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Oslo, Norway
- Employees
- 17
- Open positions
- None listed
- Dealroom signal
- 65.3/100
- Industry
- Transportation
- Sub-industry
- Vehicle Production
- Sector
- Transportation, Sustainable Development Goals, Industrial Technology, Maritime, Climate Tech, Electric Mobility, EV Manufacturing, Hard Tech, EIT Ecosystem, Horizon Europe
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning HYKE.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Sep 2023 | $15M | $61M | Rive Private Investment | ↗ |
| EARLY VC✓Equity / VC | Oct 2022 | — | — | EIT Urban Mobility | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for HYKE is 2.6K monthly website visits, up 12900% over the last three months. HYKE's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
INCITISElectric trucks for zero-emission urban logistics |
Lyon, France | Operational | 6 | — | — |
eMagic AircraftTandem-wing electric vertical takeoff and landing aircraft |
Grafschaft, Germany | Operational | |||
STILRIDEMobility and green manufacturing reimagined |
Stockholms kommun, Sweden | Operational | |||
VoltaeroA unique aircraft with parallel electric-hybrid propulsion |
Médis, France | Acquired | |||
Atlas AeroHybrid eVTOL aircraft for personal transportation |
Gilching, Germany | Operational | |||
DucktrainAutomated electric vehicle system for urban logistics |
Aachen, Germany | Operational | |||
GLEAMTilting three-wheel electric cargo bikes for logistics |
Vienna, Austria | Operational | |||
OceanvoltAward-winning manufacturer of electric and hybrid motor systems for boats |
Vantaa, Finland | Operational |
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
EIT Urban Mobility
Rive Private Investment
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about HYKE on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See HYKE’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







