Hypergiant Industries
| Company type | Private |
|---|---|
| Industry | Technology, Artificial intelligence |
| Founded | February 2018 |
| Fate | Acquired by Trive Capital in August 2023 |
| Headquarters | Austin , United States |
Key people | Mike Betzer (CEO) |
| Products | CommandCenter Platform, algae-driven air purification device |
| Owner | Trive Capital |
| Parent | Trive Capital |
Hypergiant is a technology enterprise headquartered in Austin, Texas, established in February 2018,[1] with Mike Betzer serving as its current CEO.[2][3]
The firm specializes in creating artificial intelligence (AI) solutions,[4] primarily focusing on its CommandCenter Platform.[5]
In August 2019, Hypergiant entered into a strategic alliance with consulting firm Booz Allen to provide AI-based services tailored for government clients.[6]
September 2019 saw Hypergiant’s algae-driven air purification device earn recognition from Fast Company as an innovative "world-changing idea",[7] along with coverage in Popular Mechanics and additional media outlets.[8][9]
In August 2023, Hypergiant was acquired by Trive Capital, a private equity firm based in Dallas, for an undisclosed amount.[10]
- ↑ Cite error: Invalid
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<ref>tag; no text was provided for refs namedCEOPR - ↑ Brent Wistrom (February 20, 2018). "Ben Lamm's new startup, Hypergiant, capitalize on AI's hype and confusion". Austin Inno. Retrieved September 25, 2019.
- ↑ David Cohen (December 18, 2018). "Hypergiant Space Age Solutions acquires software developer Black Pixel". Ad Week. Retrieved September 25, 2019.
- ↑ Mike Cronin (December 5, 2018). "Hypergiant keeps adding AI companies". Austin Business Journal. Retrieved September 25, 2019.
- ↑ "Booz Allen and Hypergiant Industries Form Strategic Relationship to Speed the Adoption of Artificial Intelligence". Bloomberg News. 6 August 2019. Retrieved 9 January 2020.
- ↑ Adele Peters (17 September 2019). "This 'personal carbon sequestration' device uses algae to remove CO2 from the air". Fast Company. Retrieved 9 January 2020.
- ↑ Cite error: Invalid
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<ref>tag; no text was provided for refs namedDMN2 - ↑ FinSMEs (2023-08-23). "Trive Capital Acquires Hypergiant Industries". FinSMEs. Retrieved 2023-08-23.