HTB forum: growth financing

A strong IP portfolio plays a key role in fundraising but also offers a venture many options to pivot or restart after financial difficulties. This forum provides unique insights into how a pioneering venture developing solar vehicles did this. 
 

The case study is presented by Lex Hoefsloot, the visionary, inspirational founder and (until recently) CEO of Lightyear – the developer of the first solar-powered production car. Started in 2016 by students winning the World Solar Challenge four times, the company designed and developed an efficient, well-designed family car, covered by solar panels. Series production started in 2022, with a triple-digit company valuation. In 2023, the company ran out of money, but pivoted and restarted with a focus on their world-leading solar-car roof technology.

Hear about the exciting journey from student team to full car OEM to leading component supplier, with many ups and downs. Learn about the key role that the IP portfolio played in raising substantial funding and in pivoting and restarting the company. A global panel of venture capital and IPR experts will discuss what learnings high-growth tech business leaders can get from this case study.

Have a look at previous editions of "Growth Financing" under www.epo.org/business-forum