Fundz

HyLight raises $4M in a funding round led by Ring Capital, Kima Ventures, Collaborative Fund, and Y Combinator to fuel significant growth

PRIVATEApr 15, 2024

Amount Raised

$4 Million

Round Type

Seed

EssonneManufacturing

Investors

Abhishek TripathiMarc TarpenningY CombinatorCollaborative FundKima VenturesRing Capital

Description

HyLight, a patented hydrogen-powered airship drone maker, has raised $4 million in funding. The company aims to use the investment 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, improve their design, and ensure smooth large-scale production and operation.

Quick answer

HyLight raised $4 Million in a Seed round, dated April 15, 2024. Investors: Abhishek Tripathi, Marc Tarpenning, Y Combinator, Collaborative Fund, Kima Ventures and Ring Capital. HyLight is based in Essonne, Ile De France, France.

How much did HyLight raise?
HyLight raised $4 Million in a Seed round on April 15, 2024.
Who invested in HyLight?
Abhishek Tripathi, Marc Tarpenning, Y Combinator, Collaborative Fund, Kima Ventures and Ring Capital are named as investors in this round.
What does HyLight do?
There are 80 million kilometers of energy infrastructure on our planet.
Where is HyLight based and how big is it?
HyLight is based in Essonne, Ile De France, France. Fundz records about 2 employees.
Who are the decision-makers at HyLight?
Fundz holds 1 contact at HyLight. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as HyLight that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • NUTRUMAMI raised $488K (Pre-Seed) on May 30, 2024.
  • EthonAI raised $16M (Funding Round) on May 30, 2024.
  • Axus Technology raised $13M (Funding Round) on May 30, 2024.
  • Technosport raised $25M (Funding Round) on May 30, 2024.
  • Iyris raised $16M (Series A) on May 30, 2024.

Who to call at HyLight, and when

A new round usually means HyLight is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day HyLight raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at HyLight, from your own LinkedIn network

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Company Information

Company

HyLight

Location

Essonne, Ile De France, France

About

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. Today, these inspections are carried out with vehicles that emit high levels of greenhouse gases. The HyLighter is able to carry out these inspections more accurately, more safely for human beings and with 0 greenhouse gas emissions in flight.

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Fundz sees it the moment HyLight raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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HyLight raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.