About HyLight
HyLight is a company based in Paris (France) founded in 2022 by Thomas Laporte, Josef Rokusek, and Martin Bocken.. HyLight has raised $3.94 million across 1 funding round from investors including Earth Venture Capital and Marc Tarpenning. HyLight offers products and services including Multi-Sensor Inspection Technology and AI Hazard Reporting. HyLight operates in a competitive market with competitors including Beyond Aero, Aura Aero, Jump Aero, ENATA and Hydroplane, among others.
- Headquarter Paris, France
- Founders Thomas Laporte, Josef Rokusek, Martin Bocken
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.94 M (USD)
in 1 rounds
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Latest Funding Round
$3.94 M (USD), Series A
Apr 15, 2024
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Investors
Earth Venture Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of HyLight
HyLight offers a comprehensive portfolio of products and services, including Multi-Sensor Inspection Technology and AI Hazard Reporting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for long-range energy infrastructure inspections using AI.
Tool for identifying and reporting infrastructure defects accurately.
Funding Insights of HyLight
HyLight has successfully raised a total of $3.94M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.94 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.9M
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First Round
First Round
(15 Apr 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - HyLight | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HyLight
HyLight has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Earth Venture Capital and Marc Tarpenning. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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MT
Marc Tarpenning |
Co-founder of Tesla, angel investor, tech innovator
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HyLight
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HyLight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hylight Comparisons
Competitors of HyLight
HyLight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beyond Aero, Aura Aero, Jump Aero, ENATA and Hydroplane, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hydrogen-powered electric aircraft are developed for aviation applications.
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| domain | founded_year | HQ Location |
Electric aircraft are manufactured for sustainable aviation purposes.
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| domain | founded_year | HQ Location |
Electric VTOL aircraft for emergency first responders are developed.
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| domain | founded_year | HQ Location |
Specializes in manufacturing electric aircraft.
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| domain | founded_year | HQ Location |
Develops hydrogen fuel cells for aviation, vertical lift, and clean energy solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HyLight
When was HyLight founded?
HyLight was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is HyLight located?
HyLight is headquartered in Paris, France.
Who is the current CEO of HyLight?
Martin Bocken is the current CEO of HyLight. They have also founded this company.
Is HyLight a funded company?
HyLight is a funded company, having raised a total of $3.94M across 1 funding round to date. The company's 1st funding round was a Series A of $3.94M, raised on Apr 15, 2024.
What does HyLight do?
HyLight was founded in 2022 in Paris, France, within the aerospace sector. Autonomous airships are developed and deployed by the company for extended-range surveillance tasks. Methane leaks along pipelines and defects on power lines are detected through these operations. Sustainable inspection methods are provided for energy and infrastructure assets, with a focus on cost efficiency across relevant geographies.
Who are the top competitors of HyLight?
HyLight's top competitors include Beyond Aero, Jump Aero and Aura Aero.
What products or services does HyLight offer?
HyLight offers Multi-Sensor Inspection Technology and AI Hazard Reporting.
Who are HyLight's investors?
HyLight has 2 investors. Key investors include Earth Venture Capital, and Marc Tarpenning.