Hyperion Robotics

Hyperion Robotics

3D Printing Robotic Technology and Materials for Construction

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Security Type
Crowd Note
Min Investment
$1,000
Location
New York, NY
Offering Date
July 19, 2018
Expected Close Date
October 17, 2018
Target Raise
$400.00K-$600.00K
Deal Notes
  • Security Type: Crowd Note
  • Conversion discount: 20.0%
  • Valuation Cap: US $6,000,000
  • Interest rate: 5.0%
  • Note term: 24 months
  • Minimum investment: US $1,000
  • Target Minimum: US $400,000
  • Maximum Raise Amount: US $600,000
Valuation
$6,000,000

Company Description

Hyperion Robotics is redefining how we build by removing the barriers between cost, function, sustainability and design in construction processes with next-generation concrete 3D printing robotic technology. In the USA, there is a lack of affordable and available housing. Housing prices continue to soar while disposable income has increased marginally. As of this year, home values have risen 8.7%, 0.3 percentage points from June 2006 housing crisis while the average wage at the end of 2017 remains at $44,564. According, to a 2017 study conducted by How Much, there are only thirteen states in which Americans can buy an average sized home on the average salary with a 10% down payment and thirty-year mortgage. As the cost of housing increases so does the cost of construction. According to the National Association of Home Builders, 900,000 new homes will be built in 2018, 400,000 less than the required 1.3 million homes needed to keep up with population growth. This is due in part to tighter housing regulations, which have increased costs since 2011. It is also partly caused by a worsening labor shortage of construction workers, which has seen workforce numbers decline below the 2010 housing bubble crisis figures. In sum, the cost of construction is rising, and fewer Americans are able to purchase homes due to rising prices, decreased housing inventory, and stagnant wages. At Hyperion Robotics, we are providing a solution that will increase efficiency and speed and reduce the cost of building in the construction industry. By changing how we build, we are solving latent problems within the construction industry and providing a viable technical solution to help solve America’s housing crisis and housing issues worldwide.

Perks

$1,000: Receive company apparel (choice of baseball cap or t-shirt).
$2,000: We will place your name on our “Road to Success” wall in our research facility and send you our company apparel.
$5,000: We will send you a small concrete 3D printed object.
$10,000: Receive a 10% discount on our technologies.
$15,000: We will name a robotic system/materials after you OR have you submit a name of your choosing.
$30,000: We will fly you out to the build-site of our first project to have you see our build first hand.

Key Deal Facts

Prototype system built and assembled, currently printing test structures.
CEO and Founder was featured on Forbes 30 under 30 Asia: Industry, Manufacturing & Energy List in 2017
Secured letters of intent from an international materials manufacturer and multi-million-dollar real estate development company
The 3D printing construction industry is forecasted to earn $40 billion in revenue by 2027.

Use of Proceeds

  • 30% - Develop Customized 3D Printing Software
  • 30% - Materials testing and development
  • 25% - Robot Mobility R&D
  • 15% - Facilities

Management Team / Advisory Board Bios

Fernando De Los Rios
CEO
Fernando De Los Rios has a bachelor’s degree in business from the Universidad del Pacifico. He had previously worked in Finance at Ernst & Young before shifting his focus to e-commerce and entrepreneurship. In 2013 Fernando founded Prix, one of Peru’s first online grocery stores. He was featured on Forbes 30 under 30 Asia list in 2017 and was co-founder and COO of Cazza Construction Technologies, before leaving to start Hyperion Robotics. Fernando has a strong interest in technology and is passionate about changing the way we design and construct through robotics and 3D printing.

Oriol Ala Puig
CTO
Oriol Ala Puig has a master’s degree in mechanical engineering from Aalto University. He is a mechanical engineer with significant experience in product design and development, robotics, 3D printing and prototyping. Prior to forming Hyperion Robotics, he co-founded AddComposites, an additive manufacturing technology company that prints composite parts for specialty applications. Oriol is passionate about entrepreneurship and creating innovative products.

Cesar Fernandes
Operations
Cesar Fernandes has a degree in mining engineering from the University of Exeter. He has eight years experience in on-site operations management and implementing systems focused on worker safety and supply chain management. Cesar is interested in how technology can be better used to aid construction and increasing safety in the workplace. 

Ashish Mohite
Design
Ashish Mohite is an Architecture PHD candidate at the Aalto University Digital Design Laboratory, which focuses on digital design and manufacturing technologies. Prior to Hyperion Robotics, he co-founded Atomic Shapes, a 3D printing modeling solutions company that enables anyone with no experience to create a 3D model in a matter of seconds. Asish is passionate about architectural design and how digital technologies will enable new design possibilities. 

Deal Notes

  • Security Type: Crowd Note
  • Conversion discount: 20.0%
  • Valuation Cap: US $6,000,000
  • Interest rate: 5.0%
  • Note term: 24 months
  • Minimum investment: US $1,000
  • Target Minimum: US $400,000
  • Maximum Raise Amount: US $600,000
Amount Raised : $113,097
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Security Description

A Crowd Note modifies the typical convertible note so that the crowd does not automatically convert to equity shareholders on the next financing and remain off the issuer’s capitalization table, but the crowd will still participate in any exit as if they had converted to equity. If there is no future financing, the holders of the Crowd Note still have upside, but could miss out significantly.

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