Professional Documents
Culture Documents
The fresh funds will be used for product and brand development, as well as sales and marketing
expansion.
Michael Doughty, former professional footballer and Co-Founder and Managing Director
commented: “John, Jacob and I founded Hylo to provide the Athlete with products that not only
perform but that drastically improve the impact that sportswear is having on our world. With the
continued support of our initial investors and by welcoming Eka Ventures, Redrice and Mahr
Projects into our Series A round, we have a team and the resources to continue on that journey and
change the future of Sportswear.”
Jon Coker, Managing Partner of Eka Ventures: “We back founders building positive system change
in large and impactful industries. The sportswear industry is exactly that, it not only has a huge
environmental footprint, but it also has a huge influence on the athletes it elevates. When we met
Michael, Jacob and John it was clear their vision for hylo was genuine system change. Everything
they do is focused on the unique combination for performance and sustainability, whether it be the
advanced materials they use, their sales models or the way they work with athletes. We are thrilled
that they chose to partner with us as they deliver on their vision.”