U.K. Footwear Start-Up Hylo Announces $3.2M Series A Raise

Athletic footwear start-up company Hylo has unveiled it has raised a Series A round of £2.5 million (approximately $3.2 million USD).Led by Eka Ventures -- with participation from Redrice Ventures and angel investors including England footballer Patrick Bamford -- Hylo has confirmed the raised funds, which it says will be used "for both product and brand development, as well as sales and marketing expansion."Focused on creating more sustainable performance-focused footwear, Hylo uses materials ...