Rotterdam's Hardt Hyperloop Secures Multi-Million-Euro Funding After Bankruptcy
Hardt Hyperloop, a Rotterdam-based mobility systems developer, has raised a multi-million-euro investment. It marks the company's return after one of its entities entered bankruptcy proceedings earlier this year.
Hardt Hyperloop, a mobility systems developer based in Rotterdam, the Netherlands, has secured a multi-million-euro investment. The company presents the funding as its return after one of its legal entities entered bankruptcy proceedings earlier this year. Hyperloop is a concept for high-speed ground transport, the field in which Hardt works.
The investment round was led by Green Rock, a US-based investment and project development firm that focuses on strategic infrastructure and technology. Several of Hardt's existing investors and shareholders also took part in the round.
The headline of the original report indicates that the company intends to use the new funding to expand into the Americas. The available excerpt does not give the exact size of the investment, how the money will be spent, or further details of the company's plans.
