Breaking News: Nestle Chairman Peter Brabeck Among Group Who Invested $23 Million Into HYT Watches

HYT is one of only a handful few autonomous brands to broadcast financing information

We are covering this here on HODINKEE on the grounds that monetary data about free watch companies is surprisingly scant, and we are frequently asked by youthful watch sweethearts and would-be business visionaries, “How did FP Journe make his first watch?” or “How does Urwerk stay above water?”. All things considered, as a rule, the appropriate response is private financial backers that bankroll the formative phases of a watch and stay real to life, however basic pieces of the development of any autonomous watch company. The famous course these days is to begin a Kickstarter crusade, however those people will in general be playing an unexpected game in comparison to somebody searching for a multi-million-dollar venture to assemble restrictive innovation. In case you’re hoping to fabricate a serious watch, private venture actually gives off an impression of being the best approach to go.

Congratulations to Vincent and the whole HYT group. We anticipate seeing how you manage this new round of capital!