Tech Company Financing Transactions
Hyliion Funding Round
Private investors participated in a $6 million funding round for Hyliion. The funding round was announced by the company on 2/27/2019.
Transaction Overview
Company Name
Announced On
2/27/2019
Transaction Type
Debt
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 8 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1202 BMC Dr.
Cedar Park, TX 78613
USA
Cedar Park, TX 78613
USA
Phone
Undisclosed
Website
Email Address
Overview
The Hyliion System evolved out of a passion for horsepower. As a mechanical engineer and motorsports racer, Hyliion Founder and CEO Thomas Healy set out to bring the advantages of hybrid technology to tractor trailers. His mission was to minimize fuel costs for long-haul, over-the-road delivery fleets by bringing electric technology to tractor trailers in an add-on solution.
Management Team
Title
Name
Email & Social
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