StoryFunding
Hylio raises $2M through equity crowdfunding to expand to 5,000 drones per year
Hylio closed a $2M equity crowdfunding round on StartEngine to fund a new production facility in Richmond, Texas. The expansion increases annual capacity from under 1,000 drones to 5,000 by 2028, positioning Hylio as the largest US-made agricultural drone manufacturer and benefiting from regulatory pressures on Chinese competitors.