Powered by

Class 8 Hybridizing Company Hyliion Raises $21 Million in Series A Funding Led by Axioma

Sep 20, 2017 - PR Newswire

 Hyliion, the instant Class 8 vehicle hybrizing company announced today a Series A investment of $21 million led by technology growth investor Axioma Ventures. The financing will be used to fund Hyliion's production, product line expansion and for further investment in its proprietary technology platform. Howard Jenkins, Managing Director of Axioma, and, Gideon Argov of New Era Ventures, will join Hyliion's board of directors.

"What Thomas and the Hyliion team have developed is impressi...