202418 Apr

Swisspod, the hyperloop startup that captured the interest of Richard Branson, is raising €7M to revolutionize global transportation with its high-speed travel solution

Summary

This strategic investment will continue Swisspods mission of innovation, research, and global expansion, enabling the company to advance the development of hyperloop, a revolutionary high-speed transportation system that will change the future of passenger and freight transport.Investors and business angels can participate in the funding round through SeedBlink, starting with a minimum investment of 2,500.The fundraising round has attracted co-investments from notable players such as Charlie Holding, Polysys Industries and an exclusive circle of business angels.The company, run by a 30-year-old Romanian, has attracted the attention of Richard Branson. This encounter was the catalyst that led them to embark on a mission to develop the most efficient, accessible, and sustainable hyperloop solutionHyperloop is a revolutionary intra-continental passenger and cargo transportation system consisting of an autonomous, fully-electric capsule traveling at near-sonic speeds (1200 km/h) in a low-pressure environment, with almost no air resistance. Were thrilled to share our vision for the evolution of transportation with the Romanian community of investors who, like us, value innovation and sustainability, and are contributing to shaping a thriving future", said Denis Tudor, CEO and co-founder of Swisspod. The company was founded in 2019 by Denis Tudor, CEO, and Cyril D\xe9n\xe9r\xe9az, CTO, two multiple-award winners of the SpaceX Hyperloop Competition.Swisspod aims to change the way people travel by connecting every major city using sustainable, carbon-neutral, energy-efficient, and high-speed transportation solutions. The company envisions a continental map of connections between major cities that will facilitate collaboration, accelerate human progress, and create a more prosperous future for the generations to come.For more information, visit www.swisspod.com and follow Swisspod on LinkedIn, Facebook, Instagram, Twitter, and YouTube for ongoing updates.SeedBlinks mission is to simplify and grow equity ownership in Europe.

Source: Seedblink

Funding

$212.85K
Amount
Apr 18 2024
Date
-
Investor
Swisspod
Company

Classifications

Companies