The HyLight team
Singapore-based climate-tech investor Earth Venture Captial has co-invested in Paris-based aerial inspection startup HyLight’s EUR3.7 (US$4) million investment round.
Y Combinator, Ring Capital, Kima Ventures, and Collaborative Fund are the other investors.
Tesla co-founder Marc Tarpenning also participated.
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The round will help HyLight conduct its first large-scale operations and expand its network of strategic partnerships. The capital will also support the recruitment of experts in aviation regulation, embedded systems, hydrogen systems, mechanical engineering, industrialisation, and software development. The firm will also use a portion of the money to develop new versions of its airship drones, meeting stringent aeronautical and industrial standards.
“This round of financing is a decisive milestone for HyLight. It allows us to realise our vision of providing large-scale infrastructure inspection in a decarbonised and highly precise manner.”, said Martin Bocken, CEO of HyLight.
Founded in 2022 and located in Brétigny-sur-Orge, HyLight is an aerial inspection company. Its flagship creation, the HyLighter, is a hydrogen-powered airship drone capable of collecting vital data over extensive distances without emitting greenhouse gases.
At the heart of HyLight’s technology is a sophisticated blend of artificial intelligence (AI) and computer vision capabilities. The airship drones are equipped with HD cameras and advanced sensors such as LIDAR and thermal infrared that can capture ultra-precise data over large areas, facilitating the early detection of faults and anomalies.
The drones detect previously uncollected data, transmit it securely, and generate detailed reports for preventive measures.
The drones have a flight autonomy of up to 10 hours and a range of 350km.
Also Read: Aerodyne partners with DroneDash for cross-border delivery services between Singapore, Malaysia
In under two years since launching, HyLight has developed seven iterations of its airship drone, logged over 150 hours of flight time, and secured inspection contracts with Enedis, Europe’s largest power line operator, to pilot its innovative aerial inspection solutions.
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