Hyperloop project Zeleros raises EUR 7 million
Zeleros Hyperloop has completed a financing round worth more than EUR 7 million. The company starts a new and important phase in the development of its version of hyperloop, the “fifth mode of transport” and an alternative for the future to provide efficient and sustainable links between long-distance routes for passenger and cargo transportation.
Zeleros opens this new stage thanks to the support of companies such as Altran, Grupo Red Eléctrica and strategic investors including among others Goldacre Ventures (UK), Road Ventures (Switzerland), Plug and Play (USA) and the Spanish Angels Capital and MBHA.
The next step will be to call upon the European Hyperloop development centre in Spain, which includes a 3-km test-track, to demonstrate the effectiveness of its technologies at high speed. (mw)