Tech Company Financing Transactions
HyLight Funding Round
Collaborative Fund, private investors and Kima Ventures joined a $4 million venture round for HyLight. The financing round was announced on 4/15/2024.
Transaction Overview
Company Name
Announced On
4/15/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
private investors (Abhishek Tripathi)
private investors (Marc Tarpenning)
Proceeds Purpose
With the recent funding increase, HyLight is poised for significant growth. It will be able to launch its first large-scale operations, recruit specialists in aviation regulations, use embedded systems for controlling drones, use hydrogen fuel systems to power them, use mechanical engineering to improve their design, and use both industrialisation and software development expertise to ensure smooth large-scale production and operation.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
Le Plessis Pâté, 91220
France
Le Plessis Pâté, 91220
France
Phone
Undisclosed
Website
Email Address
Overview
There are 80 million kilometers of energy infrastructure on our planet. That is 200 times the distance between the Earth and the Moon. These power lines and pipelines are critical to the proper functioning of our society. And they have to be inspected at regular intervals (sometimes several times a month) to ensure their good condition and prevent failures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Bocken
Chief Technical Officer
Josef Rokusek
VP - Bus. Development
Thomas Laporte
VP - Regulatory Affairs
Nathan Terrien
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