/Companies

Haylon Technologies

Techstars '22Techstars '22

Champaign, US · 3 employees on LinkedIn · 2 known investors

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Haylon Technologies develops battery management systems and software for optimizing performance across drones, electric vehicles, grid storage, and space applications. The company provides hardware and firmware solutions that enable advanced battery chemistries to deliver longer flight times, faster charging, improved reliability, and extended operational range.

Also known as Haylon

Founders & leadership

NSNamin Shah
Namin ShahCo-Founder & CEO30 Under 30 2025
DVDante Vaisbort
Dante VaisbortCo-Founder & COOFounder at Albacore Inc.30 Under 30 2025
RLRaj Lulla
Raj LullaCo-Founder & CTO30 Under 30 2025

Investors · 2

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

NextFab VenturesreportedPhiladelphia

How we know: funding news · press coverage · Not right? Tell us

Company profile

researched Sep 2026

Haylon Technologies develops a battery management system (BMS) and an accompanying software suite intended to let devices use newer battery chemistries. The company positions its products around four use cases: drones, where it cites flight-time increases of 30-70% along with improved cycle life, faster charging and real-time performance monitoring; grid storage, where the BMS is described as offering advanced error detection, consistent uptime, readiness for power spikes and a modular design for upgrades; space applications, where the system is meant to enable temperature- and radiation-resistant chemistries and provide high-fidelity telemetry; and electric vehicles, addressed through a product called the Haylon Hybridizer, aimed at faster charging, improved acceleration availability and extended range.

The company was founded in 2021 and is based in Champaign, Illinois, with additional locations listed in North Chicago and Chicago, Illinois; Woodbridge Township, New Jersey; and Champaign County, Ohio. It is categorized across battery, energy storage, energy management, clean energy, electronics manufacturing, software, AI and machine learning, and employs between one and ten people. Cofounders are Raj Lulla, Namin Shah and Dante Vaisbort; Tyler Revesz has also been named among the founding team. The founding team is associated with the University of Illinois at Urbana-Champaign and the University of Chicago.

Founding story

Haylon was founded in 2021 by a team drawn from the University of Illinois at Urbana-Champaign, including Raj Lulla, Namin Shah, Tyler Revesz and Dante Vaisbort, the last a 2022 University of Chicago graduate. According to Forbes, the cofounders responded to the arrival of many new battery technologies on the market by building hardware and software to optimize their performance, with the aim of prolonging battery life and reducing battery waste.

Business model

Haylon supplies battery management hardware and firmware together with a software suite to organizations deploying battery packs, and has engaged in government-funded research and pilot programs as well as a development partnership with a publicly traded battery technology company.

Traction

As of October 2022 the company reported more than $5.5 million in letters of intent and a partnership with a publicly traded battery technology company to develop a pack using that company's cells. It subsequently received Department of Energy funding for a residential second-life energy storage pilot, entered a cooperative agreement with the U.S. Army Research Laboratory, and, per Forbes, was working with the U.S. military on prototypes for enhanced-range Air Force quadcopters.

Latest developments

In May 2024 Haylon began a cooperative agreement with the U.S. Army Research Laboratory, and in December 2024 the company announced a further recognition. A Forbes profile last updated on January 1, 2025 reported that the team claims to extend battery runtime by 70% and is working with the U.S. military on prototypes for enhanced-range Air Force quadcopters.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

An early-stage battery management startup with fewer than ten employees, recognized by Techstars, Chicago Inno's 2022 Inno Under 25 list and Forbes' 30 Under 30 Energy & Green Tech 2025 list.

Technology

The core technology is a battery management system combined with a software platform that monitors and optimizes battery packs so that newer battery chemistries can be used in fielded devices. Claimed capabilities include real-time performance monitoring, high-fidelity telemetry, advanced error detection, modular architecture for upgrades, extended runtime (up to 70% by the company's claim, 30-70% flight-time increase for drones), improved cycle life and faster charging. A separate EV-oriented product is called the Haylon Hybridizer. The company demonstrated a fully operational prototype battery pack and software platform at Techstars Demo Day in 2022.

Go-to-market

The company has grown through accelerator and university venture programs (Techstars Chicago, the College New Venture Challenge), government research funding and cooperative agreements, pilots with the U.S. military, and partnership with a publicly traded battery cell manufacturer; it reported more than $5.5 million in letters of intent as of 2022.

Drone manufacturers and operators, electric vehicle makers, grid and residential energy storage providers, space systems operators, and U.S. government and defense research organizations including the U.S. Army Research Laboratory and the U.S. Air Force.

Geography

Headquartered in Champaign, Illinois, with listed locations in North Chicago and Chicago, Illinois; Woodbridge Township, New Jersey; and Champaign County, Ohio, all in the United States.

History

The company was founded in 2021. In 2022 it tied for second place in the University of Chicago College New Venture Challenge and was selected for the Techstars Chicago class, demonstrating a fully operational prototype battery pack and software platform at Techstars Demo Day. In August 2023 it announced Department of Energy funding for a pilot of residential second-life energy storage systems, and in May 2024 it began a cooperative agreement with the U.S. Army Research Laboratory. A further recognition was announced in December 2024, and Forbes profiled the company in connection with its 30 Under 30 Energy & Green Tech 2025 list.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Battery runtime extension claimJan 202570%
Drone flight time increaseJan 202530-70%
Employee countJan 20241-10
HeadcountAug 20263
Letters of intent valueOct 2022$5.5M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 8

launches, deals, and filings
Jan 2025
Forbes 30 Under 30 Energy & Green Tech 2025

Haylon Technologies and cofounders Raj Lulla, Namin Shah and Dante Vaisbort were profiled by Forbes in connection with the 30 Under 30 Energy & Green Tech 2025 list.

source ↗

Dec 2024
Haylon Technologies recognized

The company posted a news item announcing a recognition.

source ↗

May 2024
Cooperative agreement with U.S. Army Research Laboratory

Haylon Technologies kicked off a cooperative agreement with the U.S. Army Research Laboratory.

source ↗

Aug 2023
Receives DOE funding for residential second-life energy storage pilot

Haylon Technologies announced it received U.S. Department of Energy funding to pilot residential second-life energy storage systems.

source ↗

Oct 2022
Partnership with publicly traded battery technology company

Haylon reported partnering with a publicly traded battery technology company to develop a battery pack using that company's cells.

source ↗

Oct 2022
Named to Chicago Inno 'Inno Under 25' list

Cofounder Dante Vaisbort and teammates Tyler Revesz, Raj Lulla and Namin Shah were recognized on Chicago Inno's 2022 Under 25 list for founding Haylon Technologies.

source ↗

Jan 2022
Tied for second place in College New Venture Challenge

Haylon Technologies tied for second place in the University of Chicago Polsky Center's 2022 College New Venture Challenge.

source ↗

Jan 2022
Selected for Techstars Chicago 2022 class

The startup joined the 2022 Techstars Chicago class and demoed a fully operational prototype battery pack and software platform at Techstars Demo Day.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Haylon Technologies do?
Haylon Technologies builds battery management hardware and software for drones, EVs, grid storage and space applications.
Who founded Haylon Technologies?
Haylon Technologies was founded by Namin Shah, Dante Vaisbort, Raj Lulla.
Who are Haylon Technologies's investors?
Haylon Technologies's investors include Techstars, NextFab Ventures.
Where is Haylon Technologies headquartered?
Haylon Technologies is headquartered in Champaign, US.