HyLight raises $4 million for its hydrogen airship drone

Paris-based startup HyLight has raised €3.7 million ($4 million) from venture capital financing including Y Combinator, Ring Capital, Kima Ventures, and Collaborative Fund. Funding also came from Tesla cofounder Marc Tarpenning. The funding will help pioneer its hydrogen airship drone, the HyLighter, which will help decarbonise aerial inspections of energy infrastructure including gas pipelines, railways, and power lines. “This round of financing is a decisive milestone for HyLight,” said the company’s CEO Martin Bocken. “It allows us to realise our vision of providing large-scale infrastructure inspection in a decarbonised and highly precise manner. With the support of our investors, we