Funding Details
- Awarder
- StartEngine
- Date Award
- January 06, 2022
- Vertical
- Agricultural Technology
- Funding URL
- View Funding Page
- Valuation
-
$35,000,000
Company Info
- Founding Year
- 2015
- Traction
- Hylio is at the intersection of the Agricultural Equipment Market, Global Drone Market, Agtech Market, and the Precision Agricultural Market. They have customers across 6 countries and their YoY sales have been growing at a 347.25% average rate since 2019.
- Revenue Amount
-
$30,000,000
- Organizations Involved
- Government of El Salvador, Texas A&M, RiceTec, Mitre Corporation, AgEagle, King Ranch, 21st Century Equipment
- Founders
- Arthur Erickson, Nikhil Dixit, Mike Oda
- Company Description
- Hylio develops and offers innovative drone systems that completely automate precision agriculture processes. Using Hylio’s technology, farmers/producers can now apply crop treatments directly to problem areas, allowing farmers to increase yields by addressing pests and deficiencies with more accuracy and efficacy.
- Market
- Precision Agriculture
- Location
-
Richmond,
TX,
US
- Coinvestors
- StartEngine Capital, LLC
Links