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Hyperdrive Innovation
Modular lithium-ion battery systems for electric vehicles
About Hyperdrive Innovation
Hyperdrive Innovation was a UK-based technology company that designed and manufactured lithium-ion battery systems for a wide range of electric vehicles and energy storage applications. Founded in 2012 by Stephen Irish, Christopher Stanford Baylis, and Tony Irish, the company was established in Sunderland, England, to provide clean energy alternatives to fossil fuels. The firm specialized in developing modular battery packs, battery management systems (BMS), and electronic control units for vehicle powertrains. Its products were utilized by global Original Equipment Manufacturers (OEMs) in sectors such as construction, off-highway vehicles, transport hubs, and stationary energy storage.
The company experienced significant growth, highlighted by a £40 million deal in 2018 with Taiwanese manufacturer Foxlink Group to produce and distribute its battery packs across Asia. By 2019, Hyperdrive Innovation had expanded its Sunderland base to become the largest independent battery manufacturing facility in the UK, with the capacity to produce 30,000 battery packs annually. This expansion was supported by multiple funding rounds, totaling over $13.5 million from investors including Rivers Capital Partners, The Santon Group, and Hamilton Capital Partners.
In June 2021, Hyperdrive Innovation was acquired by Turntide Technologies, a US-based developer of smart motor systems backed by investors like Bill Gates' Breakthrough Energy Ventures and the Amazon Climate Pledge Fund. The acquisition was part of a larger £100 million investment by Turntide to establish Turntide Transport, a new division in Gateshead, England, focused on creating a comprehensive powertrain platform that includes battery packs, power electronics, and motors. Following the acquisition, the Hyperdrive brand has been integrated into Turntide's portfolio, with new product lines like the Turntide Lithium-ion NMC Battery Pack being introduced as successors to the original Hyperdrive battery line, offering improved energy density and performance for commercial and off-highway vehicles.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2012
- Headquarters
- Sunderland, United Kingdom
- Employees
- 18
- Open positions
- None listed
- Dealroom signal
- 70.3/100
- Sub-industry
- Energy Storage, Autonomous & Sensor Tech, Vehicle Production
- Sector
- Transportation, Lithium-Ion Batteries, Autonomous Mobility, Sustainable Development Goals, EV Battery Tech, EV Battery, Climate Tech, EV Motor, Electric Mobility
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2021 | $0 | — | Turntide Technologies | ↗ |
| SERIES B✓Equity / VC | Nov 2018 | $8.8M | $35M | Rivers Capital Partners · Hamilton Robinson Capital Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Hyperdrive Innovation is 60 monthly website visits, down 75% over the last three months. Hyperdrive Innovation's team declined 43.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Rivers Capital Partners
Hamilton Robinson Capital Partners
Other known investors2 additional known investors
Turntide Technologies
Bim Sandhu
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hyperdrive Innovation 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
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