Tech Company Financing Transactions
Rainmaker Technology Funding Round
1517 Fund, Champion Hill Ventures and Day One Ventures participated in a $6.3 million Seed funding round for Rainmaker Technology. This VC investment round was announced by the company on 5/7/2024.
Transaction Overview
Company Name
Announced On
5/7/2024
Transaction Type
Venture Equity
Amount
$6,300,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
222 Pacific Coast Highway 12-148
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Undisclosed
Website
Email Address
Overview
Water scarcity is an existential problem, and we act accordingly. We iterate quickly and efficiently to solve one of the most important problems of our time. Rainmaker started with the goal of solving water scarcity and identified cloud seeding as the only practical solution. Recent advancements in radar validation, modern autonomous systems, and numerical weather modeling have transformed cloud seeding into a viable commercial pursuit with demonstrable results.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Augustus Doricko
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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