Swisspod Technologies, a Swiss-American start-up developing Hyperloop, an ultra-high-speed, emission-free, intracontinental transportation solution for passengers and cargo, targets €500,000 on SeedBlink, an investment platform for European start-ups.

The company will use the investment for research and development, early production validation, and commercial rollout.

The total round Swisspod is targeting is €1.1 million. The company already attracted as investors Seldor Capital — a Venture Capital firm that finances start-ups in the space technologies industry, and Robert Karsunky — Head of Pharma at Novartis Latin America & Canada.

Read more about Swisspod and the Hyperloop technology on start-up.ro.