HyperSpectral raises $7 million Series A-2
HyperSpectral raised $7 million in an oversubscribed Series A-2 to accelerate commercial growth of its spectral-intelligence platform.

Evidence notes
- The round was co-led by RRE Ventures and Kibo Ventures, with support from existing investors and new investor Avalanche Thinking.
- HyperSpectral said the capital would accelerate development, expand partnerships and prepare the company for a Series B.
- Former Coherent chairman and chief executive Chuck Mattera joined HyperSpectral's board as chairman.