With a boost from Shell, HyperSciences blasts past $3M in crowdfunding campaign / World News in Short

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With a boost from Shell, HyperSciences blasts past $3M in crowdfunding campaign

JAY GORY, MANAGING EDITOR, science

HyperSciences’ hypersonic blaster technology can be used to send projectiles up into the air, or down into rock — either way, the Spokane, Wash.-based startup says things are looking up. The company’s unorthodox SeedInvest securities offering has raised more than $3 million so far. “We are actually on our way toward the full $10 million,” HyperScience CEO and founder Mark Russell told GeekWire. The SeedInvest effort builds on $3 million in previous investments, including support from the Washington Research Foundation, Kick-Start II, Cowles Company and The Toolbox. Thanks to the fresh funding, about 10 employees are being added in Spokane as well as… Read More read more
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