H
Hype
Transportation · Paris, France · Founded 2015
Taxi company with hydrogen powered cars, launched by STEP MoreLess
Hype, launched in Paris in 2015, initially developed and operated what it claimed to be the first integrated zero-emission mobility platform, centered around the world's largest fleet of hydrogen-powered taxis. The company's original business model involved not only the taxi service itself but also the development of a network of hydrogen production and distribution stations to support its fleet. This integrated approach aimed to address urban air and noise pollution by providing a sustainable transportation alternative.
However, due to escalating costs and what has been described as the systemic failure of hydrogen in transportation economics, Hype has recently undergone a significant strategic pivot. The company has ceased its hydrogen taxi operations and is transitioning its entire fleet to battery-electric vehicles (BEVs). This move marks a departure from its foundational hydrogen-based strategy, reflecting the practical and financial challenges of hydrogen fuel cell technology for a large-scale taxi service. The company now focuses on operating as an all-electric taxi service in the Paris metropolitan area.
Keywords: zero-emission mobility, urban transportation, taxi service, fleet management, hydrogen fuel cell, battery-electric vehicles, sustainable transport, mobility platform, Paris, strategic pivot
Company overview
Hype company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2015
- Headquarters
- Paris, France
- Employees
- 60
- Open positions
- None listed
- Dealroom signal
- 62.5
- Investment activity
- 1 companies · latest May 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Hype funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jan 2023 | $17M | $110M | VINCI Concessions | ↗ |
| EARLY VC✓Equity / VC | Dec 2021 | $22M | $88M | McPhy Energy · Hydrogen Refueling Solutions | ↗ |
| Other✓Other financing | Jul 2017 | $0 | — | ALIAD (Air Liquide) | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $2.2M | 0% | −$1.1M | -50% |
| 2025 | $2.2M | 0% | −$1.1M | -50% |
| 2024 | $2.2M | 0% | −$1.1M | -50% |
| 2023 | $2.2M | 0% | −$1.1M | -50% |
| 2022 | $2.2M | 0% | −$1.1M | -50% |
| 2021 | $2.2M | 0% | −$1.1M | -50% |
| 2020 | $2.2M | — | −$1.1M | -50% |
Growth signals
Hype website traffic
Latest recorded traffic for Hype is 3.8K monthly website visits, up 90% over the last three months. Hype's team declined 22.1% over the past year.
Comparisons
Hype compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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Strasbourg, France | Operational | 1 | $616K | $264K |
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Paris, France | Acquired | |||
 Clem’Electric car-pooling and sharing services |
Paris, France | Operational | |||
 GoMoreA peer-to-peer car rental and private car leasing with a lease-and-rent-out model |
Copenhagen, Denmark | Operational | |||
 OmniHelping people move around easily and affordably, using a wheelchair scooter |
Paris, France | Operational | |||
 FluctuoData aggregation and business intelligence for shared mobility |
Paris, France | Operational | |||
 EccityFrench creator of electric scooters |
Grasse, France | Operational | |||
 eBikeLabsIntelligent software for e-bike industry |
Grenoble, France | Operational |
Capital deployed
Hype investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Hype's talent
Source: Dealroom Talent Intelligence.
Investors
6 investors on Hype's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Hype has talent and traffic
team presence
In the news
Latest news about Hype
Recent press, funding announcements, and product moves mentioning Hype — open to read from the original sources.
Market sentiment
What the market is saying about Hype
An AI-synthesized read of the highest-engagement posts about Hype on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
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