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Hyurja Fuel Systems — Deal Story | The Startup Gig
Founder-Side Representation / First Institutional Capital Round

Hyurja Fuel Systems

A prominent public markets investor via a respected investment management group

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FOUNDER SIDE TERM SHEET SHA CAP TABLE GOVERN CLOSE ✓ DEAL ARCHITECTURE
Deal Architecture Founder → Close

Context

Hyurja operates in the emerging low-carbon hydrogen space, a sector where deep technical clarity and long-term thinking matter more than speed. The founder brings domain experience, conviction, and a mission-led approach to building energy infrastructure for a decarbonized future. This was the company’s first institutional investment round, marking the shift from technical development to strategic scaling.

Our Role

We entered early, working directly with the founder to shape the fundraise in a way that balanced capital needs with long-term control, governance clarity, and future round preparedness. Our involvement included:

  • Fundraising strategy & dilution planning
  • Investment structure design aligned with future rounds
  • Term sheet and SHA/SSA negotiation support
  • Alignment of founder rights, investor protections, and governance mechanisms
  • Transaction execution and final close management

The priority was to secure capital while preserving founder decision-making capacity, ensuring room for future institutional rounds, and avoiding governance complexity at seed stage.

Outcome

The transaction closed successfully with a respected investment group, under a framework that protects both long-term company vision and near-term execution flexibility. Hyurja now has:

  • A clean, defensible cap table
  • Governance structures that scale into later rounds
  • A well-aligned investor relationship
  • Stronger credibility in a high-conviction, technically complex sector

Why This Matters

Energy transition companies don’t scale on capital alone. They scale on:

  • Structured ownership
  • Sound governance
  • Strategic clarity across stakeholders
This engagement reflects our belief that early-stage capital decisions must serve long-term operating freedom, not just the raise.
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